Re: DIVERGENCE (One of the nearly Holy Grail Trading System !!!)

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?

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