545# Force-Volume-Divergence" indicator

Scalping and intraday indicator for trading

Submit by FXD 03/10/2016



Custom "Force-Volume-Divergence" indicator is a trend-momentum indicator programmed for Metatrader 4 plataform.
Main characteristics:
Timeframe M5,M15,1H
Financial Markets:any.

Custom Force-Volume-Divergence Indicator is based on 3 main significatives, that professional traders always use in trading systems.

1) Market force. It is a very important aspect of technical analysis, to identify the forces that appears at the begginning of new trend. If new trend has big force index in many cases we take a very good profit. And when new trend shows low force index, the comming trend always weak and opened trade always get loosing.That is why it is so important to be able to identify trend force before you place an

2)Volume index helps to determine the strength and sustainability of the trend of market. Up(Bull) trend is considered to be strong and stable, if the volume index increases and price moves up. When the price starts to decrease, and the volume is reduced, it always mean that the upward trend is in the end phase. The price still may rise slightly, but as soon as the Bear traders take sell control, the price will get down. And this you can also predict using volume index.

3)As you know, a lot of professional traders often use different divergence indicators to make a decision whether to open a trade or not. Divergence is an early indication of how the market will behave in the near future. Before a market price starts reverse movement, it usually reaches last peak, and divergence index shows us, that price does not have power to continue its movement in the same
direction .

Custom Force-Volume-Divergence Indicator is a combination of this main indexes and it shows us the best price level to enter in a trade, because it is the main aim of this indicator. It gives us a lot of profitable entrance levels. It does not repaint and late. When signal comes indicator show you buy/sell arrows. 

In the pictures Force-Volume-Divergence" indicator in action.

Force-Volume-Divergence" indicator
Force-Volume-Divergence" indicator
Force-Volume-Divergence" indicator
Force-Volume-Divergence" indicator
Force-Volume-Divergence" indicator
Force-Volume-Divergence" indicator
Force-Volume-Divergence indicator.rar
compressed file archive 13.0 KB

Write a comment

Comments: 7
  • #1

    kenny (Monday, 03 October 2016 15:58)

    Thanks for system . A question : Force-Volume-Divergence indicator repaint ?
    thank you

  • #2

    kris (Tuesday, 04 October 2016 12:36)


  • #3

    FXD (Tuesday, 04 October 2016 23:08)

    This indicator does not repaint.

  • #4

    devil (Wednesday, 05 October 2016 12:36)

    Please can you attach tpl? Thanks

  • #5

    kenny (Wednesday, 05 October 2016 12:51)

    Ok , thank you FXD.

  • #6

    Peter (Thursday, 06 October 2016 13:15)

    Well done! Keep the good work up!! Thanks for sharing!!!

  • #7

    Peter (Friday, 07 October 2016 08:28)

    Please, can it be used on the Daily Time Frame and what is the settings? Thanks.