Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

44
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?


Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

46
First page now updated with download links to common "Auto" Divergences indicators.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

47
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
These users thanked the author moey_dw for the post:
RockRobb
Official Forex-station GIF animator at your service 👨‍⚖️
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com 👈

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

49
Thanks very useful :thumbup:

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


Image



Download links to common MT4 indicators with auto divergences display:


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).
These users thanked the author xzerax for the post:
Forexlearner


Who is online

Users browsing this forum: alimpe2000, Amazon [Bot], DVanAssen, friend4you, Google [Bot], PaperLi [Bot], Ruby [Bot], specialkey and 77 guests