System-Forex.Info

Just another FX Indicator, I found in MQL4 article about "Theoretical Basis of Building Cluster Indicators for FOREX". Just cut and paste from web.... we can analyze market with cluster theory indicator. The article also introduced main definitions: "overbuying", "overselling" of currencies and balance line. In this article we will dwell on the practical application of indicators. The article includes a number of tactical and strategical methods of trading on them:

* methods, helping to detect potential pairs, on which trends may start;
* procedures of defining entry and exit times;
* methods of tracing long-term and medium-term positions.



Other theory of cluster indicator is based on divergence, it can show show an alert the divergence between the price and the complex-pair indicator.



At the other side i found MT4 indicator that almost have the same theory with standard indicator in Dukascopy Trading Platform. Its based on some kind of MA crossed, something like that.




Resources Info (Web) : Dukascopy Standard, MQL4 Cluster, Divergence Complex Pair

How to use Cluster Indicators ? / The Manual : Read Here