In this example on EURUSD we see classic divergence. When the candle is closing opposite direction of the RSI. You will find often times the RSI is right. Because RSI indicator is programmed to accurately monitor price action the best of all lagging indicators. Happy Trading Family!
Divergence simply means separation.. When two similar things things---get separated and start going different directions, you have to consider which direction to follow. That's exactly the concept of divergence. When trading, and you spot a divergence, you want to be sure to understand what they are trying to tell you. In this video, I explain the concept of...
1. Introduction The Moving Average Convergence Divergence (MACD) indicator created by Gerald Appel in 1979 (1) is part of the pantheon of technical indicators, being one of the most used and influential ever created. The popularity of the MACD allowed further studies and more varied applications of the indicator, from signal processing in neuroscience (2),...
Greetings Traders, We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator. Today we are going to discuss the various oscillators The Divergent supports detecting divergences on. In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in....
The Moving Average Convergence Divergence Oscillator , otherwise known as MACD, is one of the most powerful and dynamic indicators, if you can learn to use it properly. It is easily one of my personal favorite indicators, and one that I currently use when scalping and day trading. Now before we get into how the MACD works on a technical level, let’s first go...
After the divergence detection, a trend is drawn from the two lows or two highs on the HHTD indicator. The trade is entered after the trend break. The target point can be determined by the Fibonacci levels. Sapma tespitinden sonra, HHTD göstergesindeki iki en düşük veya iki en yüksek değerden bir trend çizilir. Trend kırılmasından sonra ticarete girilir. Hedef...
Most people don't understand divergence Watch this and u will ENJOY GRI 2022 For BULLISH divergence look at the LOWs A higher low on price or the indi is BULLISH For BEARISH divergence look at the HIGHs A lower high on the price or indi is BEARISH If in a bulltrend the indi makes a lower low that's more bullish If in a beartrend the indi makes a higher...
My technique that i used to determine whether to buy or sell a currency pair at any given time. that technique is based on three Fondamental Points : CCI (convergence /divergence) Tops / Bottoms Trendline Fibo retracement. For thiis pair , we expacet an strong bearish to dwon level for next weeks approx (3-4 months) So Lets see the result by testing this...
- Do you have a Discord server set up for your own trading community? - Do you use divergences as part of your trading strategy? - Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart? If you have answered yes to all 3 questions above, please keep on reading. The easiest way to receive automated...
Hello traders, I am not a financial advisor. I am not telling you to trade any asset. I am simply sharing my ideas on how to use tools to implement my own investment strategy. Here is a zoomed-out look you can use to come up with some of your own ideas on where the $SPX may go and how to manage your risk. Most of my core strategies are developed on the indices...
Detecting divergences in a Pine indicator / strategy is easy. You simply have to compare the pivot lows and the pivot highs on the price and the oscillator, and if you can identify a difference between the last & previous pivots made on the price and the oscillator, you have likely found a divergence. Using this theory, here is an example how you would detect a...
For context of how powerful negative divergence can be (or positive divergence for that matter) here we have BTC at its first top this year. To my amazement it recovered, as I thought it would just never get back up again. This is in the daily time frame. Indexes are exhibiting a similar technical condition but in the weekly time frame.
Hey y'all… The highly requested—Is here. Most of us love the idea of a bare chart… but can't seem to let go of the values—by indicators. One of the most important signals in—Nasdaq100 are divergence. Pfft… So, I thought… Why not make it easy? This is my own theory—So… you might not get it on YouTube or books. I figured this out with experience. Use it wisely;...
RSI Divergence (Bearish): When the price goes high but the RSI goes lower RSI Divergence (Bullish): When the price goes lower but the RSI goes higher These can indicate a shift in momentum in the underlying market. Using the RSI divergence is a great tool to help you find when the price is getting ready for a correction. Keep an eye on bearish RSI divergences on...
IF you look for Divergence i trick i like to use is ALT -V a vertical line that helps me line the high or low point on the chart and see the divergence. example on this is the Blue line on RSI chart . let me know if you have questions.
NEXT RSI Divergence Play: Key Concepts - NEXT RSI is a low-lag, volume-weighted momentum oscillator that often precedes price action - Divergence play resets at each open (do not count prior session's highs and lows) - Use as you would other divergence strategies: higher price highs, lower NEXT RSI highs = bearish; lower price lows, higher NEXT RSI lows =...
Here is a short video on basics of divergence and how to use Zigzag Trend/Divergence detector script. Most of the things mentioned are already available in the indicator description. As mentioned many times, just follow the cheat sheet:
OANDA:GBPUSD We got here a clear signal from the VVV strategy The Rules played OUT as well We got a confirmation from the VPSV area Entering the red momentum Destroyer Cross to the inside Down the zero line we can follow up the chart Higher price same volume thats also a WEAK divergence on the chart Count the confirmations