Currently, I have my MACD set at 5,13,6. I was wondering if anybody uses the divergence of the MACD lines and Price for intitiating trades. What i am specifically intersted in is the oscillations of the macd lines compared to the oscillation of price. What i have noticed is that when the macd makes an oscillation lower than the prior osciallation on the same side of 0(neutral) and price makes a new high or low, it signals a reveral. This makes logical sense as the MACD is a momentum(absolute indicator). If the momentum is slower than the previous push but price makes a higher high or lower low. Price is most likely going to reverse after that push. I am not sure what time frame woud be best for this. Right now i am focusing on the 1 min divergence and 5 min divergence. It should work on all time frames in theory if it is a sound strategy. I was jsut wondering if anybody else trades this way. My prior strategy is not working as well as i had hoped in these lower ranges and was looking to try something different. Thanks.