Question to the people who use divergence when trading:

1. Often the two (normal and hidden) divergences contradict each other. Meaning, at the same price zones there is a buy divergence (=buy) and a hidden sell divergence (trend continuation)(=sell)

Do you recognize this also? If yes, how do you deal with it?

forex divergence trading and convergence trading focus on the same tools and mechanisms and embrace the same actions performed by the trader for evaluating market dynamics.

heispark wrote: Thu Sep 07, 2017 10:20 pm Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."

I have a question. Does macd considered as oscillator?

Please may I ask a naive question?
Why "trend line" drawn on main chart by hidden divergence non select-able and editable?
for example: a trend line with id eft div1:los1578xxxxxxxx

Appreciate if someone would shed some light please.
Thank you

First page now updated with download links to common "Auto" Divergences indicators.

Thx jimmy......... i think not too overcomplicate things!!!

Only use classic divergences if you looking for reversals

only use hidden divergences if you looking for trend continuation

RIGHT

Divergences are trash for the most part.

But if you are gonna use them, only use them in range bound markets.

Because if you keep selling in an uptrend/buying in a downtrend cause you see divergence, you will get hosed over and over again.

Thanks very useful

Krelian99 wrote: Sun Mar 12, 2017 9:15 pm MT4 Divergence indicators: How good are Divergences and Convergences?

Download links to common MT4 indicators with auto divergences display:

• RSI Divergence indicator for MT4
• Stochastic Divergence indicator for MT4
• TDI Divergence indicator for MT4
• MACD Divergence indicator for MT4
• CCI Divergence indicator for MT4
• Awesome Oscillator Divergence indicator for MT4
• TSI Divergence indicator for MT4
• All Divergence indicator (displays Divergences for multiple indicators in one)

When you use oscillators you may recognize that the indicator and the price don't move in the same direction all the time. We compare the indicator and what happens with the price. For that start here from the indicator (inverted causality).

Add divergence to the gray line of the indicator please