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If price is making higher highs, the oscillator should also be making higher highs. If price is making lower lows, the oscillator should also be making lower lows.

If they are NOT, that means price and the oscillator are diverging from each other. And that’s why it’s called “divergence.”

Divergence trading is an awesome tool to have in your toolbox because divergences signal to you that something fishy is going on and that you should pay closer attention.

Using divergence trading can be useful in spotting a weakening trend or reversal in momentum. Sometimes you can even use it as a signal for a trend to continue!

buy signal: when arrow appears in blue color and positive divergence is shown on MACD, it's recommended to open long trade

sell signal: when arrow appears in yellow color and negative divergence is shown on MACD, it's recommended to open short trade

For best results use H1 timeframe

#SCALPING_session #LONG 🏹❗️ #ALICEUSDT Current price: 2.156 Take Profit 1: 2.188 Take Profit 2: 2.242 Take Profit 3: 2.285 Stop Loss: 1.984 The best bonuses for new users when registering using links 👉 Binance, Bybit, Bitget, Phemex, MEXC, CommEx‌‌

#SCALPING_session

#LONG 🏹❗️

#ALICEUSDT

Current price: 2.156

Take Profit 1: 2.188

Take Profit 2: 2.242

Take Profit 3: 2.285

Stop Loss: 1.984

The best bonuses for new users when registering using links 👉 Binance, Bybit, Bitget, Phemex, MEXC, CommEx‌‌

The Multi Pair Pivot Point Scanner Alerts Indicator is a helpful forex indicator that scans multiple symbols looking for when the price crosses a pivot point or when near pivot, or bounce off pivot then it alerts the trader. The indicator is highly customizable, in the settings tab you will a lot of options. For example, you can choose pivot formula among: Standard Pivot Formula, Fibonacci Pivot Formula, Camarilla Pivot Formula, Woodie Pivot Formula. Forex traders utilizing pivot points trading will find that tool very handy, as it gives alerts when a signal is generated. Of course, you can use that in conjunction with other forex technical analysis indicators.

The Multi Pair Pivot Point Scanner Alerts Indicator fits all kinds of timeframes and currency pairs.