Re: MT4 Divergence indicators List: How good are Divergences and Convergences?
Posted: Thu Jan 15, 2026 2:26 am
It's been a few years since I downloaded the RSI 3M3 Dynamic Zone indicators from this forum (based on an idea by Walter Bressert), and now I'll show you my template I use for 1-minute scalping... in this case, it's BTC/USD, but I normally use it on the 7 majors.
The idea is the same: a set of moving averages (I ALWAYS use the SMA 15 and SMA 21 on every timeframe) and wait for a retracement toward one of the moving averages and, at the same time, the end of a 15/30/60-minute cycle or divergence.
The idea is the same: a set of moving averages (I ALWAYS use the SMA 15 and SMA 21 on every timeframe) and wait for a retracement toward one of the moving averages and, at the same time, the end of a 15/30/60-minute cycle or divergence.