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- Easy to use and highly effective indicator for free
- The best divergence indicator on the market
- Clearly show you the most profitable places to buy or sell
- Trading with this indicator is highly profitable
- Useful for all currencies and timeframes
- Compatibility: MetaTrader 4
Mastorsicci Divergence indicator
Mastorsicci is an excellent indicator for recognizing trade divergence signals. The basis of the indicator is a symbiosis of data from the four classic indicators: RSI, MACD, CCI, and Stochastic. Connected by a certain sequence, percentages, and coefficients ratio, the data of these indicators form a new, unique, system for determining profitable divergence signals. When divergence is detected, the indicator proceeds to check the specified conditions under which a signal is displayed.
We tried to save our visitors from a possible double interpretation of the indicator data and we built into the indicator a system for determining and alerting signals. We left the user the right to configure parameters and manage the notification system so that you can use this flexibility when building your trading strategies.
Settings of the Mastorsicci indicator
Divergence Period = This parameter is responsible for the period in which a divergence search is in progress. By default, it is 8. We believe that this is the optimal value, but you can experiment with it, choosing even more optimal ones. The higher you set the value, the more stringent the filtering conditions of the signal you specify.
Mastorsicci Sensitivity = This parameter is responsible for the sensitivity of the indicator. Please note that in the window, the histogram of the indicator does not have any maximum or minimum average values of threshold levels, beyond which means an extremum. For each trading actives and chart period, these levels are unique and variable.
And since Mastorsicci is an universal indicator, the user himself determines these threshold values using the Sensitivity parameter. By default, the Sensitivity value is set to 25, as this is the average value that fits most trading actives and periods. It means that divergence signals will be determined only when the bars of the histogram are equal to or higher than 25, or equal to or lower than -25.
Signals of the Mastorsicci indicator
Blue bars and price marks indicate the probability of an upward price movement. Red bars and marks indicate a possible downward movement. All signals come at the close of the bar.
There is no lack of signal redrawing in this indicator! In real-time, it shows the same signals as in the history.
Mastorsicci does not signal a trend upon its completion, as many technical indicators do.
Important detail: the signal visualizes at the close of a bar and it means a possible change in trend on a new bar that opens! This gives the trader an outrunning advantage in trades.
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.
