The Knoxville Divergence Indicator is a useful Forex indicator for MetaTrader 4 (MT4) that is popular among traders. The Knoxville Divergence Indicator uses a combination of moving averages and oscillators to detect changes in momentum. It looks for divergences between the price and the momentum of the market. When the price is making higher highs but the momentum is making lower highs, it is an indication that the trend is weakening and a pot
ential reversal could be in play. Similarly, if the price is making lower lows while the momentum is making higher lows, it could be a sign of a trend reversal. Overall, the Knoxville Divergence Indicator is a useful and popular free Forex indicator for MT4.