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Wildhog NRP Divergence Forex Indicator

    As the name of the indicator implies, NRP Divergence indicator for Metatrader 4 searches for bullish and bearish divergences between price and indicator.

    This is a powerful tool used by many Forex traders to find an entry point in an existing trend.

    Some even use it to trade market reversals.

    Trading Signals

    Buy: Wait for the green arrow.

    Sell: Wait for the pink arrow.

    Important: use in agreement with a trending indicator to filter out most false entry signals.

    For example, try the 100 exponential moving average with this divergences indicator.

    Indicator Preferences

    Currency pairs: any

    Preferred Time frames: Suitable for 1 min charts and above.

    Sessions: Around the clock


    Download the Wildhog NRP Divergence.ex4 indicator.

    Configurable Indicator Options

    Colors, oversold level, overbought level, draw divergences, draw price trend lines

    GBP/USD 1 Minute Chart Example


    How to install the Wildhog NRP Divergence custom indicator in Metatrader 4?

    • Download the Wildhog NRP Divergence.ex4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.