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Overview
The RSI Divergence F MT4 is a cutting-edge software tool designed for the dynamic world of Forex Trading. Its unique divergence indicator offers a strategic advantage by providing traders with an early trend reversal signal, or, depending on the settings, a price pullback movement.
Optimized Indicator Code
The indicator’s code is streamlined and optimized for quick testing as part of the Expert Advisor. It is this efficiency that sets the RSI Divergence F MT4 apart in the currency market. It does not redraw, ensuring that transaction direction arrows are located exactly where the signal appears – at the opening of the bar.
Fractal Dimension Application
Another distinctive feature of this trading software is its utilization of a fractal dimension to determine the indicator’s extremum points. The fractal depth, regulated by Left Bars, creates a greater distance between these points, fine-tuning the signal strength. Furthermore, it’s recommended to set the Right Bars to no more than 1, as this is the minimum possible delay.
Flexible Settings
This Forex strategy tool also offers flexible settings, allowing for adjustments to the strength of the divergence. This is achieved by manipulating the angle of the RSI peaks and the percentage change in price. The flexibility extends to the building on different types of prices and setting different depths of building extremes.
Indicator Parameters
RSI Divergence F MT4 offers numerous parameters that can be modified to fit the trader’s strategy. These include the PeriodRSI_P, set at 14, which defines the RSI period. The IndentFrom50_P, set at 20.0, regulates the indent /- from 50. The LeftBars_P and RightBars_P, both set at 1, control the left and right bars respectively. Lastly, the IndDivForce_P and PriceDivForce_P, set at 55.0 and 0.01 respectively, determine the divergence force of the indicator and price.
Independent Testing and Updates
For those interested in seeing the RSI Divergence F MT4 in action, independent testing of this product is available on the forexroboteasy.com website. Subscribing to updates on the test results of this product is also possible, ensuring that traders stay abreast of its performance.
FAQ
What is the RSI Divergence F MT4?
The RSI Divergence F MT4 is a professional trading tool that uses a divergence indicator between the RSI and price to provide signals about trend reversals or price pullback movements.
How does the RSI Divergence F MT4 work?
The software uses an optimized indicator code that allows for quick testing. It uses fractal dimensions to determine extremum points, with flexible settings that allow for adjustments to the strength of the divergence.
Where can I see the RSI Divergence F MT4 in action?
Independent testing of the RSI Divergence F MT4 is available for viewing on the forexroboteasy.com website.
We invite all Forex traders to share their experience with the RSI Divergence F MT4 tool. Remember, this is an independent product review, providing an unbiased perspective of the software’s functionality and performance in the Forex Trading market.
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