FX Snipers T3 CCI Divergence is an MT4 indicator that can be found on the MQL5 indicator marketplace. We have linked to it below so you can see exactly which indicator we are talking about. The indicator was first uploaded on the 2nd of November 2016, its current version is version 2.0.
The FX Snipers T3 CCI Divergence indicator is an indicator designed to be used with the MetaTrader 4 trading platform, the indicator will display divergence as a solid line, and a reverse divergence as a dotted line. Divergences will then be drawn in the indicator and on the chart.
There are a number of parameters that can be altered on the indicator:
- CCI Period — Commodity Channel Index indicator period
- CCI Type of price — price used for indicator calculation
- T3 Period — Sniper period
- B — Sniper multiplier
- Method for finding divergences — display divergences:
- Classical divergence
- Reverse divergence
- Both divergence’s
- Disable — do not show divergences
- Draw lines in the indicator — show lines on the indicator
- Draw lines on the chart — show lines on the chart
- Display Alert of Divergence — show popup alerts
The indicator will cost you $10 to purchase, there is not an option to rent it. There is a free version available, however, we do not know if there are any limitations to the free version, it is a good way to try out the indicator.
Unfortunately, there aren’t any reviews or ratings for this indicator, there are a couple of comments, the creator of the indicator has replied to both of them which is a positive and shows that they are willing to help out their clients. As we do not have any reviews to indicate whether the indicator works and does what it says, we would highly recommend that you download and try out the free version, just to make sure that you are able to set it up correctly and that it is functioning properly.
This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/19173