josi wrote: Sat Oct 01, 2022 9:37 pm
extra lines can, of course, also mean extra detraction (in the long run - because not each and every divergence line really causes the anticipated reaction - on the contrary)
I think, if you look at GoldH1 you can see wonderfully - using freeRSI - how momentum fades and that a downturn becomes somewhat more likely (very-short-term) than an upward continuation (i. e. you could favour a sell over a buy):
The request for divergence was made on behalf of Woodyz inquiry regarding divergence. I personally like to observe and draw the divergence on the chart and indicator myself.
If mrtools does the divergence members can add the indicator themselves as I won't be adding it to XU-Hybrid 5.0

XU-Hybrid is near perfect (as close to perfect for myself and my mentorship group that is

) for trading.
Happy and profitable trading everyone.
Regards,
BeatlemaniaSA