Double divergence scanner MT5

TopicStarter

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Apr 15, 2024
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Introduction​

Double divergence scanner MT5 is a popular trading robot designed for the MT5 platform. As part of the EASY Trading Team, we are here to dissect this tool based on user reviews and available data. This robot has attracted a lot of attention, but let's evaluate its real efficiency without unnecessary hype.

Features​

The Double divergence scanner MT5 comes with several key features:
  • Identification of bullish and bearish divergences in real-time
  • Customizable settings for different trading preferences
  • Alerts for potential trading opportunities based on divergence signals
  • Compatibility with various MT5 indicators and strategies
  • Lightweight and doesn't overload the trading platform

Performance Analysis​

The last year has shown mixed results for the Double divergence scanner MT5. Detailed statistics are available at this site. While some users report significant improvements in their trading, others note that the robot requires careful configuration and supplementary strategies for best results.

Pros and Cons​

Pros:
  • Helps save time by automating divergence detection
  • Affordable price point as noted by multiple users
  • Gives early alerts which can be monitored for better trade entries
  • Supportive and patient developer, Jan, who assists with setup and questions

Cons:
  • Requires understanding of divergences and how to use them effectively
  • Performance can be inconsistent without proper configuration
  • Some users may find the learning curve steep

Double divergence scanner MT5 Source Code​

We don't have access to the original source code of the Double divergence scanner MT5 being sold on MQL5. However, based on the descriptions available, we could potentially create a similar robot. If you have any questions about the code or need assistance, feel free to ask. Note, our team at EASY Trading Team does not sell the Double divergence scanner MT5. We've only created a sample code based on its description available on MQL5.

Code:
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Download Double divergence scanner MT5 for Optimal Trading​

Interested in improving your trading strategies with the Double divergence scanner MT5? Visit this URL to explore more. Whether you're new to Forex or have experience, this tool could be a valuable addition to your trading arsenal.

Discussions about your experiences and configurations are welcome on our forum. Share your results and get advice from fellow traders.