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Divergence

How To Download Divergence+ I get a lot of private messages about divergence+, a divergence indicator that also gives insanely accurate buy and sell signals. It is so accurate the creator charges a monthly subscription for the indicator. It cost $15 a month and for me personally, with the gains I have made... It is has already paid itself off for the remainder of my life and I am young! Here are instructions on how to download 1. View my account [Myantman101} 2. View who I am following and click on Market Scriptors 3. Send them a private message requesting access to D+ 4. Follow their instructions and use as desired Hope this indicator helps everyone in their analysis/trading decision making
NASDAQ:AMZNEducation
by Myantman101
5
EDUCATION: Hidden Bullish DivergenceToday we consider very powerful technical analysis tool - the Divergence. Definition The divergence is a situation when the price change is not supported by the oscillator. There are four types of divergences: 1)Regular bullish - the price shows lower highs, while the oscillator shows higher lows 2)Hidden bullish - the price shows higher lows, while the oscillator shows lower lows (you can see on the chart) 3)Regular bearish - the price shows higher highs, while the oscillator shows the lower highs 4)Hidden bearish - the price shows lower highs, while the oscillator shows the higher highs Divergence Trading Rules Let's consider the market uptrend situation. If there is the hidden bullish divergence it means the uptrend continuation. In case of regular bearish divergence there is a high probability of trend reverse from uptrend to downtrend. Another situation is when the market is in downtrend. The regular bullish divergence in this situation can be the evidence of trend reverse in the future. In case of hidden bearish divergence the downtrend will continue with high probability. Indicators You can search the divergences not only with Stochastic RSI. Other oscillators are also suites great here. For example, CCI, RSI, Volume oscillator, MACD and other.
Education
by Skyrexio
1
How I Analyze Stocks Part 2 Welcome to the continuation of analyzing NVDA, many of you may be familiar with this feature I will be explaining but read anyways as it will be short and sweet. cont. Step 3. Once you have a candlestick chart you feel comfortable reading and see a trend, use signals and indicators to back you up. With the F(x) feature you can add any indicator you want and in this tutorial I will be showing the main ones I use. Step 4. When you click on the F(x) it gives you the option to search for indicators, the indicators I use on all my charts are Divergence+ by Market Scriptors (the only one in this tutorial that cost a monthly subscription because it is so accurate) Guth_3x_Confirm by Cguthrie 922 Kurotoga Cloud by D7R MACD by Tradingview Relative stregnth Index by Tradingview Once all these are in place you can start analyzing, and I will discuss what to look at for each one listed in the next tutorial
NASDAQ:NVDAEducation
by Myantman101
6
Divergence in BTCUSDPrice while approaches its resistance level, is forming a divergence with MACD. Price is creating higher highs and MACD is forming lower highs. That means BTCUSD is losing its momentum. On the other hand there are confluence of sell orders in that resistance level. Therefore it probably can't break that level and goes down. But that's not enough for us. we need to catch a strong down move. What if it didn't breaks that level, but create a trading range around that resistance level? We do NOT want that. So we need evidence that shows us the price had reverse its move and is forming a downtrend. That evidence is our TRIGGER. The trigger could be break of a trend line, a candlestick pattern, or anything that shows we're entering a downtrend move. I used breakout of a trend line here. And for take profit, I used an 20 EMA as a trailing stop loss. Thanks for reading. Write your opinion in the comments.
BITSTAMP:BTCUSDEducation
by Trading-with-Ali
2
Some interesting indicators I codedSupport&Resistant indicator :Draw lines when fail to make a higher high or lower low. MACD divergence on chart:Show DIF cannot make a higher high or lower low when candles make a higher high or lower low on the candle chart,not on the MACD chart. Session break:show Asian/London/New York session by different background color and show previous highest/lowest as session support and resistant and draw lines. Range:When fail to make a higher high and lower low that form a range. Please comment ,thanks guys.
Education
by Quant_David
Awesome OscillatorThe Awesome Oscillator (AO) is displayed as a histogram showing the market momentum based on a comparison of the simple moving average (SMA) of the last 5 price bars median to the simple moving average of the last 34 price bars median. MEDIAN PRICE = (HIGH+LOW)/2 AO = SMA(MEDIAN PRICE, 5)-SMA(MEDIAN PRICE, 34) When the momentum of the past 5 bars is weak compared to that of the 34 bar period, the AO displays this shift as a red bar. When the recent 5 bar momentum is stronger, the AO displays the shift as a green bar. The AO displays these shifts by a series of red and green bars. Series of red bars indicate declining bias. Series of green bars indicates rising bias. Related to the AO are Zero Line Cross Over , Twin Peaks Patterns , and Price/Momentum Divergence . When the AO is added to other technical indicators, such as Divergent Bars and Bollinger Bands, traders are able to assess which way a stock is likely to move. The AO can help see what is coming! Zero Line Cross Over When the AO crosses over the zero line, moving from above the zero line to below the zero line, this is a declining bias indicator. A rising bias is indicated when the AO crosses over the zero line, moving from below to above. Twin Peaks The Twin Peaks pattern indicates a declining bias when the AO forms a series of green and red bars where each transition from green to red (a peak) is smaller than the previous peak. A rising bias is indicated when the AO forms a series of green and red bars where each transition from green to red (a peak) is larger than the previous peak. Price/Momentum Divergence Declining Bias - When the AO shows declining momentum and, during the same time period the price of the stock is showing a rising trend (higher highs and higher lows), there is divergence that is forecasting an eventual decline in the price. When momentum weakens, price may still rise for a period however, without momentum the price will snap back because there is not enough buying volume to maintain the upward price momentum. Imagine a rubber band stretched between the two ends of the “V” formed by the two trend lines. In the chart example above, you can see the strong divergence between rising price and declining momentum. The price ended up snapping back in line with the AO and then continued to move lower. Rising Bias - When the AO shows rising momentum and, during the same time period the price of the stock is showing a declining trend (lower lows and lower highs), there is divergence that is forecasting an eventual rise in the price of the stock. When momentum strengthens, price may still decline for a period however, eventually increasing momentum will push the price higher.
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SP:SPXEducation
by NewCycleTrading
9
Regular DivergenceRegular Divergence signifies either a correction to the trend or after further confirmation, a complete reversal of the trend. Regular Divergence is identified by comparing price action (PA) to the Relative strength index indicator (RSI). Regular Bearish Divergence (RbD) occurs when price action forms a higher high (HH) but the RSI indicator forms a lower high (LH). RbD is confirmed by the candle close below the previous candle low. BASIC The entry price is taken from the candle close. The stop loss price is taken from the candle high. The target is set at 1-2RR. The trade is closed at the target price. ADVANCED 50% of the position is closed at target. The stop loss price is moved to the entry price. The Long hedge position is the size of the initial short position. The hedge entry price is taken from the candle close. The stop loss price is taken from the previous swing low. The target is set at 1-2RR. 50% of the position is closed at target. The stop loss price is moved to the entry price.
Education
by Cryptsyxalt
MUST SEE - the big picture - Bounce off 20sma or March drop?This chart should be a big part of your big picture! 1 - Look at the Oct-Dec 2018 selloff in the orange rectangle. Note how SPY closed below the 10sma in Oct, retested up in Nov, and dropped to the 20sma in Dec. This is a very common pattern you will find on price action. 2 - See the corresponding orange rectangle in RSI. RSI dipped below 50 and came back over the next month, and the 2019 rebound rally ensued. 3 - Blue rectangle shows a bearish 3-candle pattern, and also you can see that price has come down to the 20sma. The unbelievable waterfall selloff on the daily chart looks like a needed return to normal on the monthly chart. Also note RSI is coming back to 50. 4 - Red lines showing bearish divergence, and note %D stochastic (red line) is just turning down. *** Since divergence has already happened, March could see more selling and SPY comes immediately down through 20sma. Alternatively, March could see a bounce, or retest, upward. If buyers do step in for a March relief rally, SPY should drop lower over the next few months. *** This monthly chart should inform your daily and weekly planning. On these timeframes, there will still be upside and possibly a tug of war between buyers and sellers. On the monthly and weekly, look for the 10sma to cross below 20sma and RSI to go below 50 if we are to enter a recession.
AMEX:SPYEducation
by OptionsRising
Introduction to the BEST All-In-One Oscillators with divergencesHello traders, A unique indicator displaying many oscillators with a multi-timeframes and regular/hidden divergences options for all oscillators below 1. MACD 2. MACD ZERO LAG 3. RSI 4. DMI/ADX 5. ATR 6. STOCHASTIC RSI 7. TRUE STRENGTH INDEX 8. CANDLE MOMENTUM OSCILLATOR 9. VORTEX INDICATOR 10. COMMODITY CHANNEL INDEX 11. RATE OF CHANGE ☔ Safe crossing mode for RSI/STOCH RSI/CMO: Choose to get alerted whenever the oscillator enters or exits the Overbought/Oversold zone. Wishing you all the BEST for your trading using it. Dave
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by Daveatt
8
Ethereum - How we conduct Technical analysisTechnically I refer specifically to ETH in this post but this analysis should help guide analysis on other securities, crypto or otherwise. I hope the chart is self explanatory and if not please ask. We are basically looking for bullish divergences which I have highlighted using angled lines and also utilizing the Fibonacci tool. Please look up videos on youtube if you don't know how to use it. However I have provided arrow tipped lines showing how it can be used to predict retracement as well as extension levels. In placing the 0 and 100 points *beginning and end of Fibonacci spread) we basically need to look for and identify our impulse wave, a clear movement in any direction, up or down. Lastly never forget to utilize volume, we can see from the horizontal bars towards the right of the screen that the path of least resistance is up. Thanks for reading and I hope this helps.
COINBASE:ETHUSDEducation
by TNasr
3
OBV has not confirmed breakout.OBV is still within a range compared to price indicating further downside may be in store in the short term. However, looking at the broader picture, I believe a breakout upward is still likely by May as OBV and MACD are setting higher lows. With that said, if OBV breaks the range resistance and the downward triangle to the upside, this would be a good long entry point in my opinion. This is for educational purposes only. I only pretend to know what I'm talking about as this is a complex subject.
BITSTAMP:ETHUSDEducation
by Surrealist1337
EURUSD 1D AWESOME OSCILLATOR (AO) STRATEGYLong Trade AO below Zero Line AO creates a Low AO then creates a Higher Low ENTER after AO bar closes Green Short Trade AO above Zero Line AO creates High AO then creates a Lower High ENTER after AO bar closes Red Stop Loss is 1.5 x ATR Take Profit is 1 x ATR 1 - Trade Management 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st trade TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price.
Education
by Tradingstrategyguides
Golden pocket and MACD golden crossover?Hello all, welcome back to the Sunday market update! Beside the sideways moves during the movement of last week, here it comes again the interesting in the crypto market. Patience is the key before you jump in the market for now. Let's do this technical analysis about bitcoin. Like what I've shared on the previous analysis of the bitcoin, $8500 is moving align with the golden pocket zone and the $8000 is moving align with the .786 fib levels and both levels obviously are a major support that must be respected so far. The $8000 is a huge psychological zone for bitcoin, Huge price action activity has occured in this level which is great! Knowing that current price is moving just near the golden pocket zone as a great support, we must realize that the moving average line on MACD is having a big probability to do a golden crossover on 4 hours chart. The RSI has shown us a bullish divergence with lower low on price action but higher low on RSI. This is a perfect set up for long opportunity. I will open a long position if the price claims back the $8700 as the shadow support respected and of course when the golden crossover occur on the MACD dynamic line. Patience is the key, waiting will keep you on the track.
BITFINEX:BTCUSDEducation
by julio24albert
DivergenceRSI PIVOT (RSIP) HOW IT WORKS? This script draws a line when rsi cross over or under the oversold and overbought line. Supprisingly these pivots sometimes good indicator for positive and negative divergence or continuation. For example: + if the price goes above the previos rsi overbought area (red line), it means positive sign and price will contiue to climb like number 1 examples. + if the price goes above the previous oversold area (green line). It means positive divergence start like number 2 examples. + this script can also say us to up move ended. Because the price can't go above the price like number 3 examples. + There are a lots of signals in it ;) you can find them with little effort. What about 4? Actually it is not a bullish sign but a little pump might come. Dont be hesitate to use "RSI Pivot" and press like button ;) Cheers :)
BITSTAMP:BTCUSDEducation
by OnurSelcuk