New Indicator Versatile Divergence MT4
Watch the testing video here:
Here's How The Brand-New Versatile Divergence Indicator May Help You Earn From Trading Divergences, Arguably The Best Type Of Reversal Setup IMo:
- First, the indicator identifies all high-probability divergences on ANY symbol and ANY timeframe you specify.You may choose the oscillator the indicator uses to detect divergences, which is the nicest feature. Choose your favorite oscillator from the following ten options:
Williams' Percent Range
Relative Vigor Index
- The closest thing to a fully automated divergence trading solution: The indicator displays entry as well as where your stop loss and take profit should be placed.
- My favorite feature: You can use DIFFERENT OSCILLATORS TO LOAD THE VERSATILE DIVERGENCE INDICATOR MANY TIMES ON THE SAME CHART.As a result, you'll be able to spot more trade possibilities possibilities and eliminate misleading signals.
I'm thrilled to introduce the all-new Versatile Divergence indicator on behalf of the entire Indicator Vault team.
This is a fantastic indicator. This is why: If you've been trading for a while, you're
undoubtedly already aware that divergences are the most consistent and successful reversal trade setting.
But there's a catch:
Manually Detecting Divergences, Especially in The Fx Markets, Is Difficult and Time-Consuming.
Our Versatile Divergence indicator comes into play here: Using YOUR chosen oscillator, this new indicator AUTOMATICALLY determines the highest-probability divergences for you.
And you can specify which oscillator (RSI, MACD, Stochastic, CCI, etc...) you'd like the indicator to use to detect divergences.
Using Ten Distinct Oscillators, the Versatile Divergence indicator can detect divergences.
During the GBP/USD 5-minute period, I'll demonstrate the Versatile Divergence indicator in action. So that youcan see how it works:
In this example, the Versatile Divergence found a bearish divergence. Notice that there was a divergence between price and ALL 3 oscillators we used: RSI, CCI, and MACD.
And there's a scientific reason why we should use multiple oscillators:
When Price and Many Oscillators Diverge, The Chances of a Legitimate,Successful Trade Setting Increase Dramatically, In My Opinion...
That is the first trading advantage that our Versatile Divergence indicator provides:
The ability to discover price and MULTIPLE oscillator divergences.
Here's the second benefit of using the Versatile Divergence indicator:
With Versatile Divergence, you'd be able to spot a lot MORE trade opportunities based on divergence.
To illustrate this important point, take a look at the photo below:
In this example, the Versatile Divergence found a bullish divergence between price and MACD.
If I only used RSI or CCI to find divergence, I would have missed this profitable trade (a potential 139-pip win).
But thanks to the amazing ability of the Versatile Divergence indicator to spot divergences using MULTIPLE oscillators, I managed to identify this bullish trade setup based on divergence.
And here's another example:
I would have missed this trade if I only used MACD or RSI.
But because the Versatile Divergence indicator lets me use MULTIPLE oscillators, I was able to detect this bullish divergence between price and CCI.
And this bullish divergence led to a nice, big winning trade.
Plus... did you know that...
You can choose which oscillator you want the indicator to use (from the list of 10 popular oscillators):
Williams' Percent Range
Relative Vigor Index
Next... and here's where it gets REALLY interesting:
The Versatile Divergence indicator is as close as it gets to a COMPLETE, AUTOMATED trading solution:
Once a trade setup has been identified, the indicator will show you the best place to place your stop loss and take profit.
In other words, Versatile Divergence gives you EVERYTHING on a silver platter:high-probability trade entries, stop loss and take profit levels...
It does all of the hard work for you. You no longer have to guess when to enter or where to set your stop loss & take profit. Everything's taken care of. You don't have to lift a finger.
And if you ask me...
Versatile Divergence is the EASIEST way to profit from trend reversals IMO...
And just to prove it, let me show you the Versatile Divergence indicator in action on MANY currency pairs, on ALL timeframes:
EUR/USD 1-hour timeframe:
On the EUR/USD 1-hour timeframe, the Versatile Divergence indicator indicated a bearish trade setting.
This indicator is currently giving us 935 pips. This transaction is currently ongoing. I also feel we will generate significantly more money. Also, if we merely observed the CCI or RSI oscillator, there would be no divergence. However, because the Versatile Divergence indicator allows you to track divergences between price and MULTIPLE oscillators (up to ten), you'll be able to see this high-probability bearish scenario.
This leads to another key property of Versatile Divergence:
You can add the indicator MULTIPLE times (up to 10) to the same chart.
Take a look at the chart below, where I've included the Versatile Divergence5 indicator. each time with a distinct oscillator
By the way, did you notice that...
The default settings for our stop loss and take profit ALWAYS ensure that the Reward: Risk ratio of EVERY trade is 3:1.
This means, that when you lose, you'll lose only a little. But when you win, you'll win BIG.
And that also means you only need to win 34% of the time in order to make a profit!
Next, let's analyze how the Versatile Divergence works on other
GBP/USD 4-hour timeframe:
This time, we'll analyze a swing-trading timeframe: 4-hour timeframe. In this example, the Versatile Divergence indicator spotted a divergence between price and MACD.
And we got a buy signal. This signal turned out to be the beginning of a new uptrend. The market quickly went up in our favor. And we finally exited the trade with 757 pips in profit
Anyhow, this example on the 4-hour timeframe (which is perfect for swing traders) takes me to another important points:
The Versatile Divergence indicator works equally well for scalpers, day traders, and swing traders.
For example, here's a winning trade on USD/CAD 4-hour timeframe which is perfect if you're a swing trader:
And here's a trade on a day-trading timeframe (1-hour) on AUD/USD:
And if you like scalping, we've got you covered as well. Here's an example of the Versatile Divergence in action (on the 15-minute timeframe):
Anyway, my favorite part is that...
The Versatile Divergence indicator filters out as many false signals as it can, so you'll get the VERY BEST trade setups.
And by the way, it's very easy to trade with Versatile Divergence because...
The indicator gives you all kinds of alerts: Pop-up, Sound, Email, and Push Notifications as soon as a setup appears...
Plus... you're in total control. For example, you can change the color of any text, or entry, stop loss & or take profit.
In addition, the indicator is extremely flexible: Works on ANY currency pair... ANY time-frame.
It also works on indices, stocks, commodities, and futures. Virtually any instrument you could think of.
But Hang On... We're Not Done...
Further down this page, you'll notice there are TWO purchase options you can choose. You can get the Versatile Divergence indicator alone for an insanely generous price I'm giving the first 200.
Or... you can invest a little more and get the Dashboard Pro package.
So, What's Inside The "Dashboard Pro" Package?
First off, you get the Versatile Divergence indicator. And on top of that, you'll also get access to the ENTIRE collection of ALL of our flagship DASHBOARD indicators. Including Divergence Dashboard, Harmonic Dashboard, Day Trading Dashboard, Candlestick Dashboard, and more.
Share this on: