In the pic I have simulated a divergence with an indicator (the blue line oscillating)
the black and the green lines show the degree of the divergence between oscillator (on balance volume) and price
Question is: am I doing good drawning the black and the green line from...
I have found a number of Fractal based indicators for MT5
A while ago I did some strategy testing looking for divergence using Fractal CCI indicator.
The results were very promising, but, I was committed to another project then, and, now find I have time to revisit the idea.
Being a coding...
This is my best indicator. So far so good with no loss (100% profit) and just only 14% drawn down plus 30% gain in one month. One important thing again is, it just use really small deposit load about 2% to gain profit.
but It need evolving it to MT5, any help will be greatly appreciate. Thank you.