Convergent Divergent Range Volatility – indicator MetaTrader 4
The CDRVolatility indicator can be used as a guide for setting the S/L, T/P and T/S. Within the chosen time window, for a net positive price gain, this indicator displays the largest upswing (convergent signal) and the largest downswing (divergent signal). For a net negative price change, the largest downswing becomes the convergent signal and … Read more