Destroy Markets With Convergence and Divergence

Learning to stay in a trade is key also. We do not exit on small minimal breaks of the low wick. No sense in getting out of a trade with that small of a move against you. Large heiken candle body's need to break through and close to show conformation of the trade against you. The trade was allowed to make 2 to 1...and if you didin't take that....you literally made over 10 to 1 following candle color. Learn to use discrection.

Just as I said eurusd is currently selling off. In a case like this on the 15 min heiken chart....I would hope for a pullback to a decent level so my stop loss isnt so large. It is currently showing a large candle that I do not enter on, but I chance pullbacks......that's if we can get the pullback.

Welcome to the midwest traders. Just glad I'm not cutting my 5 acres of grass. First snow day...great day to trade.

Another exit trade. Notice the size.

Currently short

If you would like to minimize your swings before profit even further look to set levels 3/4 the distance of a 1 to 1 profit. You will encounter more break evens but risk will be limted even more.

Hi, thanks for posting. I've never seen a TDI like the one you are using. Can you kindly tell me where I can obtain this indicator in order to try out this system?

Many thanks!

I've been enjoying this strategy to mix it up a bit. Anyone else profiting. Can't get any simpler to profit off the market. Seems some people complicate trading. Risk to reward and/or highly accurate strategies is all you need folks.

Currently in a bullish gold trade I entered. This is a tad bit more advanced but notice the strong level on the convergence???

When your eyes see and catch this. Beware of the trend. Look to take smaller profits on those swings if you are trading against the trend.......with the trend, let the profits run. Open your eyes. Open your mind.

Here is some bonus advice with the same indicator with different settings. As I told you all in the first post, you need to examine the history to see if an instrument is following convergence/divergence levels. Sometimes a pair doesn't. If you add the same indicator with the fast MA set to 31. You can trade instruments that trend better than range. It is all about recongizing the patterns of the angles and movements. Heres a SS of both. I can notice this with the original, but tradersa minds are different. Take a look. Use anything to your advantage.

Attached Image (click to enlarge)

Hi Phipstodd,

Would you be able to post your MT4 template and indicators for the system.

fantastic

which region?

why not share templates and indicators ?

congrats on the super cool and fresh name of your tread!

Are people still using this thread?