MT4-Dema divergence points indicator MT4

Dema divergence points - is the manual trading system based on double exponental moving divergence.

Histogram represents 4 colors : yellow - strong up trend, orange - up movement, blue - down movement and aqua - strong down trend.

Up arrow is poltted when dema crosses current price up - but phase is still strong down (aqua color), down arrow is poltted when dema crosses current price down - but phase is still strong up (yellow color).

Main inputs :

• mainPeriod - main dema calculation period;
• filterPeriod - period for "phase" definition;
• upPoint - filter point defines strong up trend starts;
• mediumPoint - filter point highlights up/down movement;
• dnPoint - filter point defines strong down trend starts;

Main indicator's features:

• Signals are not repaint, late or disappear;
• Every signal comes at the open of new bar(system uses only confirmed signals);
• Indicator has Alerts, Mail and Push notifications(allow to trade out of PC, from smartphone/mobile app);
• Indicator has profit/loss targets;

Recommendations for trading

• EUR/USD, GBP/USD, AUD/USD,USD/CHF, USD/CAD;
• Best timeframes - from  M5 range till H4;

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