I missed this one
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Divergence and hidden Divergence 122 replies
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DislikedFor tomorrow, Sunday, 5/6/07:
- USDCHF, 4H, buy; check out the red divergence lines.
- EURUSD, 4H, sellIgnored
DislikedMost of the time, the divergence direction on the indicator points the way to future price action.Ignored
DislikedAccording to the indicators, isn't it telling us that USDCHF should be short, and EURUSD should be long? Or am I interpreting it incorrectly?Ignored
DislikedHow does FX5 Diverence indicator help? It only show divegenece lines for the past and not for the current.... You needed to draw those lines yourself as in the charts posted...Ignored
DislikedI've noticed the same thing. Whoever developed this indicator is a genius. The FX5 Divergence Indicator is amazing. Very impressed. It's better at predicting reversals than Stochastics! I really think if this indicator is used in conjuction with some sort of filtering, it would make technical trading that much easier.
The main question I guess is: Does this indicator repaint the past?Ignored
DislikedYeah, he's mistaken. Not sure about the Swissy, but the latest EUR/USD signal from FX_Divergence is definitely a long.Ignored
DislikedHow does FX5 Diverence indicator help? It only show divegenece lines for the past and not for the current.... You needed to draw those lines yourself as in the charts posted...Ignored