Having tried almost all available indicators to determine divergence and convergence, I opted for the Relative Strength Index (RSI).
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DislikedHi, I would like to hear peoples opinions on the best indicator for divergence on the daily charts. I have been looking into the use of Money Flow Index for this, aswell as for overbought/sold levels. Any input would be appreciated!Ignored
DislikedThis is the best divergence indicator I use, it generates signals on 5 min charts. It is based on divergence in bollinger bands. {image} {image} {image}Ignored