Awesome, this divergence only saved me today, and did not enter buy in morning.
DislikedHI,
Here is another way how you can spot price correction / reversal.
The TDI -Price Divergence usually occur after strong price rally and the TDI (using period 13 setting) will show the Price Line green line breaking out of the Volatility Band blue band and then re-enters the VB as price converge. ***Do not enter a trade simply with TDI cross!
When the TDI PL re-enters the VB ... note that price continues Upwards but the TDI PL continues downwards.
This is an opportunity when we will look for the Divergence with TDI cross and with the...Ignored
If you want your dreams to come true, you better wake up !!!