Golden Boomerang Laboratory presents DiCo Watchdog EA, an Expert Advisor for Metatrader 4 platform programmed to watch the market waiting for a Divergence or Convergence of the price versus MACD. If you are interested in a detailed theoretical explanation of its trading philosophy please click here (bear in mind that Convergence is also called Bullish Divergence sometimes).
On the screenshots below you can find quick visual examples of how DiCo Watchdog EA handles both situations:
You can watch its performance live on Myfxbook:
or 3 years backtest.
For more information please visit Golden Boomerang Laboratory official website.