Forex Trading Divergence Explanation - RSI Divergence Technical Indicator Analysis
Divergence trading concept is a concept where a trader will for a difference between the currency price movement with the movement of a technical indicator. For our example we shall use the RSI indicator to explain divergence trading.
Forex Trading Divergence EA - Divergence EA Automated Robot
How to Get a Divergence EA Forex Robot
From your MT4 Software installed it on your computer. You will then have to open MetaTrader 4 Toolbox: The Tool Box can be accessed by pressing CTRL+T keyboard shortcut keys. After launching the toolbox choose ' Market ' tab as illustrated and shown on the screen shot below.
A list of available Expert Advisor Forex Robots will appear as it is illustrated below. You can also choose a forex trading robot from the different categories as displayed and illustrated below.
Library of Trading Expert-Advisor Bots - Divergence EA Forex Robots
You can then choose the one which is suited for your style method - for examples you can choose divergence based trading Expert Advisors. Every item on this list has a detailed description of how it operates & you can use this information to choose one that suits your methods based on this description.
There are different applications which trader can use, among the ones you can purchase are:
- Expert Advisors
- Custom Indicators
- Panels
- Libraries
- Analyzers
- Utilities
You can choose any of these based on categories as illustrated and shown on image above. If you need to learn what is an automated trading EA, custom indicators, libraries, panels, utilities and analyzers on forex trading platform are you will need to visit the Codebase Community.
Once you've visited & decided which type of application you require, next step is to register & become part of this coding community. After signing up you'll then get an account & you can interact with other forum members & have access to multiple Expert Advisor Forex Bots. To register - navigate to the Registration Page on their web site & after that you can get a Divergence Expert-Advisor Bot.
.
