SrgArt DiverX
SrgArt DiverX is a proprietary indicator based on identifying and confirming divergences between the MACD oscillator and the asset price, which often foreshadows a trend change.
Bullish Divergence
Section titled “Bullish Divergence”- Price is making a new low.
- The MACD indicator is showing a higher low.
This indicates that the asset may be reaching a local low, and buyers are starting to gain strength. On the chart, such signals are marked with blue trend lines.
Bearish Divergence
Section titled “Bearish Divergence”- Price makes a new high.
- MACD makes a lower high.
This divergence indicates potential exhaustion of the rally and suggests the market may be poised for a downward correction.
Signals in Veles Bots
Section titled “Signals in Veles Bots”After detecting a divergence, the SrgArt DiverX indicator checks additional conditions and only then sends the bot a signal to open a trade. This allows you to filter out false positives and improve entry accuracy.
The indicator is available in the Filters section when setting up the bot.
Author’s development
Section titled “Author’s development”The DiverX indicator is a proprietary tool created by trader SrgArt.
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