Trading Divergences on 4H AAPL
I found a very profitable approach, using Divergences in Stock-Trading, especially when trading AAPL - this works very well on the 4H chart, here's the setup:
Using linear regression to smooth price- and oscillator-lines, I wait for a divergence of Price vs. Momentum that lasts for at least 5 candles (here's a screenshot of the settings that I use).
Given that you're able to go long and short, Net Profit is more than 55% with only 5.8% max. Drawdown in the backtests.
Using linear regression to smooth price- and oscillator-lines, I wait for a divergence of Price vs. Momentum that lasts for at least 5 candles (here's a screenshot of the settings that I use).
Given that you're able to go long and short, Net Profit is more than 55% with only 5.8% max. Drawdown in the backtests.
⚡ ProDivergence buy.stripe.com/3cs14e15h6FiaBy6oo
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.