Key Features:

• Minimum Deposit: $100-$500
• Time Frame to Run: M15  to H4
• Currency Pairs: EUR/USD, GBP/USD, USD/JPY

Strategy Overview:

The Divergence Solution Indicator V1.0 for MT4 is designed to identify potential trend reversals by detecting divergences between price action and technical indicators such as MACD, RSI, and EMA. Here’s how the EA (Expert Advisor) takes trades based on this strategy:

• Trade Entry:
  • Bullish Divergence: When the indicator detects a bullish divergence (price making lower lows while the indicator makes higher lows), it signals a potential buy opportunity.
  • Bearish Divergence: When the indicator detects a bearish divergence (price making higher highs while the indicator makes lower highs), it signals a potential sell opportunity.
• Stop Loss and Take Profit:
  • Stop Loss: The EA places a stop loss below the recent low for buy trades and above the recent high for sell trades.
  • Take Profit: The EA sets a take profit level based on a predefined risk-reward ratio, typically 1:2 or 1:3.
• Trade Management:
  • Trailing Stop: The EA may use a trailing stop to lock in profits as the trade moves in the favorable direction.
  • Break-Even: The EA can move the stop loss to break-even once the trade reaches a certain profit level to minimize risk.

Example Trade Setup:

Conclusion:

The Divergence Solution Indicator V1.0 for MT4 is a powerful tool for traders looking to capitalize on market reversals. By following the strategy outlined above, traders can effectively manage their trades and maximize their profit potential while minimizing risk.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

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Additional Resources:

Instant Download:  https://www.forexfactory.cc/product/divergence-solution-indicator/

You can also download from other websites:

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https://yoforexea.com/product/divergence-solution-indicator/

https://www.yoforex.org/product/divergence-solution-indicator/

Happy Trading