Indicator Extremum

We are glad to provide you the Extremum indicator which task is to measure price volatility for a certain period. Also with this indicator it is possible to look for excellent signals of availability of divergence. It is placed in the section Indicators - Divergence 

Mobius Trader 7

it looks as following:

Mobius Trader 7

Settings of the indicator:

Mobius Trader 7

NBars - the number of bars of the indications used for calculation.

It is possible to trade on this indicator as follows:

We buy if the histogram roses above zero and became pink of color.

Mobius Trader 7

We sell if the histogram fell below zero and became yellow color.

Mobius Trader 7

Also by the indicator it is possible to trade divergence signals.

Mobius Trader 7

As we see, the Extremum indicator gives quite good points of entry during a trend. We wish you high profit.