Gotta love this site...
...as I said before...., I don't use the OP's methods and target more than 5 pips a trade but I have followed this thread since the beginning because I know the power of a moving average combined with something solid and like seeing how others are using them. They should never be dismissed.
Anyway the point is, I know about the use of divergence in trading but never employed it with any of my methods. I like to keep the charts as clean as possible and could care less about adding a lagging indicator to pick out divergence. However, you sparked interest in commenting several times in how newbies should and will learn to spot divergence by eye using just price. I'm no newbie and said to myself, what the heck is this person talking about.
So I'm looking and looking, comparing charts posted with the divergence indi and had a "There Ya Go" moment. If it had teeth I'd be in trouble. I get it now. Just goes to show ya, you can....., teach an old dog, an old/new trick. Glad I followed the thread. Might be useful in my method of trading.
Thanks for making that point...
...as I said before...., I don't use the OP's methods and target more than 5 pips a trade but I have followed this thread since the beginning because I know the power of a moving average combined with something solid and like seeing how others are using them. They should never be dismissed.
Anyway the point is, I know about the use of divergence in trading but never employed it with any of my methods. I like to keep the charts as clean as possible and could care less about adding a lagging indicator to pick out divergence. However, you sparked interest in commenting several times in how newbies should and will learn to spot divergence by eye using just price. I'm no newbie and said to myself, what the heck is this person talking about.
So I'm looking and looking, comparing charts posted with the divergence indi and had a "There Ya Go" moment. If it had teeth I'd be in trouble. I get it now. Just goes to show ya, you can....., teach an old dog, an old/new trick. Glad I followed the thread. Might be useful in my method of trading.
Thanks for making that point...
Disliked{quote} Thanks for posting the DIVERGENCE indicator, should help some of those identify divergence and start training their eyes to recognize it so eventually they will not need an indicator to do the job.Ignored
SPC * Swollen PocketZ Crew!