Following the tremendous success of Divergence Engine$ (which identifies regular divergences) and with an increasing demand for a great hidden divergence detector, we developed Divergence Hidden$ – our AMAZING NinjaTrader divergence indicator that catches HIDDEN divergences, which signal possible trend continuations.
This is a UNIVERSAL solution to hidden divergence trading. Divergences can be identified by comparing price action and an oscillator of your choice. Yes, you can freely use RSI, MACD, stochastic, CCI… Any indicators, from any vendors! Upon purchasing this indicator, you will receive a Trader Manual with step-by-step instructions to help you select any oscillator of yours for divergence identification.
Our Divergence Hidden$ indicator helps identify hidden divergences, which signal possible trend continuations:
- Bullish hidden divergence: This pattern is observed when price action makes a higher low but the oscillator makes a lower low.
- Bearish hidden divergence: This pattern is observed when price action makes a lower high but the oscillator makes a higher high.