Divegernce Trading

[coolmind]

Tricky to find and scarce in frequency, divergences are one of the most reliable and profitable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. Its winning ratio is around 90%.

• Finds regular and hidden divergences
• Supports many well known oscillators
• Implements trading signals based on breakouts
• It displays suitable stop-loss and take-profit levels
• Configurable oscillator parameters
• Customizable colors and sizes
• Filter divergences by size in bars

 

[Lene Hutmacher]

It's advised to only look for divergences on 1-hour charts or longer. Other traders use 15-minute charts or even faster. On those time frames, there’s just too much noise so just stay away. What do you think about this rule?

 

[awaistariq07]

divergence trading is good method to trade in forex market it is giving very good signals and we can make alot of profit from divergence trading