PAWPUSS wrote: Fri Mar 01, 2024 7:37 pm Hello folks, new to this awesome forex-station. Its a treasure trove!! Thank you for your amazing generosity!!
I found this indicator "RSI-bands 1.03" and I think it gives really good Divergence signals.

As Beatle said, a big, warm welcome to the trading family Paw. Really nice spotting there, and a big thank you for the suggestion on extending/re-coding this indicator

mrtools wrote: Tue Mar 05, 2024 7:44 am To me it needed updating badly and wasn't sure about any versions with divergence, so made this version with some more rsi methods and with divergence.

Superb all-round indicator, thank you so much to both of you for testing and updating this important indicator. As Paw pointed out the default settings produces strong divergence signals and has now been added to our Divergence Indicator List.

For traders who would like to try it using a Dark Mode MT4 template, please try this setup which includes Heiken Ashi APB (Average Price Bars) on your 4 hour charts (any pair):