@bamboopips
AD & OBV like this one ?
AD & OBV like this one ?
Divergence and hidden Divergence 122 replies
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Disliked{quote} Yes, just like that! You will notice that sometimes only the OBV show the divergence and its enough to a good trade, and some times only A/D show the divergence and its also good for a trade. But when the two agree its a really good setup. note: The only difference between the 2 indicators is that A/D account for the candle lengh, and OBV only if the Candle is positive or negative. So if you use a renko chart where the candles always have the same lengh, you will notice that the two indicators show exactly the same.Ignored
DislikedHere i send the Trades there where possible today (18.04.19) with my Broker (JFD Brokers) {image} {image} {image} {image}Ignored
Disliked{quote} Hi Mt.Trader123! What you are using to decide the take profit? Just a fix Risk:Reward?Ignored
DislikedBy the way, if price didn't penetrate EMAs but OVB DID penetrate EMAs, do you also take it a valid divergence signal? {image} Thanks,Ignored
Disliked{quote} Hi! Thanks for the reply. In reallity this kind of signal is what someone suggest some post ago as a hidden divergence, but as I see its not a so good signal, because indicate that the volume in the retrace was big. In this example it work out, but often it will not. And with the dashboard create by Crodzila you will get many regular signals a week and can even select the best ones according to market structure. Good trades!Ignored
DislikedThank u for this .. really smart and great way to trade i want ask u can use it on phone without hekin candle .. ? how can i add it on mt5 app on phone thanksIgnored
Disliked{quote} Hi bamboopips; What is your block size for your Renko charts? RegardsIgnored
DislikedThank u very much with reply ... so because i want understand good .. add 3,21,50 EMA in chart and OBV .. and hide line of OBV ... right ??Ignored