ninjatrader indicators day trading software trading systems and mentoring
The SmartDualDivergence oscillator tool enables traders to utilize divergences on their charts that are unique in several different ways. First is that the tool shows divergence on both sides of the market, high and low. Secondly, it acts a like a statistical analysis tool that ranges the market into what is essentially a value area that is similar to a short term market profile area and normalizes it on to the bands on the tool. In this way the dual divergence oscillator is the only value based oscillator that we know of. We call it a divergence tool because it enables you to see divergence between price movement and immediate value. Additionally, it will identify breakouts as the reading exits the zone set on the tool by the upper and lower bands. View the video below for more information and trading ideas using this Smart tool…
Also look in the related products section below for other products that can combined with this great tool to create a comprehensive strategy. As always, as if you need assistance we are here to help.
Also see the Packages Category for extra Smart pricing.