What is the best indicator for divergences?

Hi guys,
what is the best indicator for divergences for you? I'm trying with OsMA.
What is the most accurate for you?
thanks and happy trading

hey IFT, the indicators are not important. It's your technique that matters. :

I use DPO (Detrended Price Osc.) and MACD

Regards,

Andrew

you are totally right...in fact in my past trading I didn't use indicators..but in in these days I see that divergencces are often useful

thanks..I'll take a look

RSI works nicely once you get the hang of it.

CCI and Momentum also shows divergence very well..

William %R is great, shows more HD in smaller time frames

Try a long and short period of CCI or MACD... they pick up different magnitudes of divergence at different times.

I think the point is - you want to see what most people see.
because that is when the move will happen to turn.

since macd is the # 1 tool used by far (after MA of coarse)
And RSI is # 2 (just a little a head of B.Bands whichis justa little a head sar)
I would think it would be best to use one of these two.

with macd or macdh being the one that is likely the best .
and it is likely easiest toread &the most written about
'
just my thoughts

i use stochastic slow (26,3,3). works fine for me...

Hi guys,

Yes, the best divergence for trading....is the skill you have in which ever one you use. The indicator is secondary.

However, I have used about 5-6 of the main ones and I have found them wanting.

I don't know if I'm an expert in trading them, but I consider that I have both some skill and feel in trading the one indicator I use. It's not one I just downloaded, as I did do some serious tweaks to it and then married it to the index and it works great.

I also use feel, which is an essential "soft skill" multiple time frames and look at the broader market.

One rule is I never let a winning trade turn into a losing one. NEVER. I scalp using very small trade sizes (1/1000th tick size relative to my account balance). For example $1 tick move for every $1000 USD in my account. That's rule #2. I solely rely on div's, and a +85% win rate, made 28% ROI since opening July 6th, biggest maximal drawdown -1.70% , biggest win 3%, biggest single loss, -0.95%, and I average about .6% on the account daily.

1) Good technical analysis skill
2) Knowing the day's Market Sentiment
3) And "adult in the room" Account Management

When all of those are working together, it's a winning combination.