Divergence Indicator

Discussion in 'Technical Analysis' started by .sigma, Dec 8, 2019.

  1. upload_2019-12-10_20-44-1.png
     
    #11     Dec 10, 2019
  2. Handle123

    Handle123

    My view of using the standard "Divergence" has changed and today classic reason of when Divergence does not work such as in one minute Nasdaq, you can lose your account as MACD going down as most of the day so far grinds on up.

    [​IMG]

    One of areas of value using MACD is when blue line is clearly above zero line and gone above red line to call it a trend.

    I find better indicator is highs/lows of price to show possible reverses of what I call "Small Breaks". Breaking a recent pivot LOW by one point or less and even better are 2 in a row.
    Chart is NQ.
     
    #12     Dec 26, 2019
    birdman likes this.
  3. IAlwaysWin

    IAlwaysWin

    Who executes orders on a 1 minute chart? I don't even look at 1 minute charts because there isn't enough historical data to make accurate calculation anyhow. MACD is good on a H1 and up timeframe and nothing lower in my opinion.
     
    #13     Dec 26, 2019
  4. easymon1

    easymon1

    Lentz Volatility Indicator
    https://www.dogpile.com/serp?q=Lentz+Volatility+Indicator

    https://www.elitetrader.com/et/attachments/xlkdaily-png.304190/
    https://www.elitetrader.com/et/attachments/xlkhourly-png.304191/

    from Sigue!, post:
    delete1.png delete2.png
     
    Last edited: Jan 20, 2023
    #14     Jan 20, 2023