Heading: Oscillator Divergence: A Powerful Forex Tool
An oscillator divergence is a type of trading strategy used in forex markets. It involves identifying when the strength of a currency pair is diverging in comparison to the oscillator indicator, which can help traders determine whether they should buy or sell. Oscillator divergence can be used for both short-term and long-term trading. It is considered to be a reliable and relatively simple strategy to use, as it helps traders identify market trends and patterns quickly and accurately. In addition, the strategy can be used to gauge risk by calculating the potential difference between what a currency pair is trading and what the indicator says it should be trading at.