Attachments: Divergence and hidden Divergence

Divergence and hidden Divergence

#101
Jan 9, 2014 10:56am Jan 9, 2014 10:56am

charvo
Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts

isn't divergence crap the most deceiving useless crap in the technical analysis?

am i stupid or wrong:

a MACD is a difference of 2 MAs

use typical 12 26 9 as example

"some crazy ppl points a daily chart, shouting, see, divergence developed over 3 months, golden chance to short!"

feck me, man, that current MACD value is difference of recent 12 and 26 MAs. and you compare that to 3 months ago's 12 and 26 days prior MA value, and you said comparing these two values give you an edge??? heck, i don't need a backtest to convince me it is purely crap.

ok, i admit that i've seen some profitable traders using divergence. that helps my confidence really -- stupid ppl believing wrong concepts can be profitable too (by doing major things right), so i could either.

#102
Jan 9, 2014 10:58am Jan 9, 2014 10:58am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

Quoting charvo

Disliked

isn't divergence crap is the most deceiving useless crap in the technical analysis? am i stupid or wrong: a MACD is a difference of 2 MAs use typical 12 26 9 as example "some crazy ppl points a daily chart, shouting, see, divergence developed over 3 months, golden chance to short!" feck me, man, that current MACD value is difference of recent 12 and 26 MAs. and you compare that to 3 months ago's 12 and 26 days prior MA value, and you said comparing these two values give you an edge??? heck, i don't need a backtest to convince me it is purely crap....

Ignored

as u wish

THERE IS NO SYSTEM

#103
Jan 9, 2014 11:00am Jan 9, 2014 11:00am

charvo
Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts

well, lol, hope you can correct me if i'm wrong

Quoting samansadeghi

Disliked

{quote} as u wish

Ignored

#104
Jan 9, 2014 12:07pm Jan 9, 2014 12:07pm

Kiads
| Membership Revoked | Joined May 2012 | 1,218 Posts

Quoting charvo

Disliked

isn't divergence crap the most deceiving useless crap in the technical analysis? am i stupid or wrong:
a MACD is a difference of 2 MAs

Ignored

Lol.. yes u are both.. if you don't know what MACD stand for..

#105
Jan 9, 2014 12:12pm Jan 9, 2014 12:12pm

charvo
Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts

apparently you are blind or illiterate unable to read my post. "a MACD is a difference of 2 MAs"

Quoting Kiads

Disliked

{quote} Lol.. yes u are both.. if you don't know what MACD stand for..

Ignored

#106
Jan 10, 2014 3:44am Jan 10, 2014 3:44am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

EURGBPDaily
WOLFI+DIVERGENCE

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THERE IS NO SYSTEM

#107
Jan 10, 2014 4:00am Jan 10, 2014 4:00am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

gbpaud
hidden divergence

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THERE IS NO SYSTEM

#108
Jan 13, 2014 9:34am Jan 13, 2014 9:34am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

Quoting samansadeghi

Disliked

gbpaud hidden divergence {image} {image}

Ignored

GBPAUDH4

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THERE IS NO SYSTEM

#109
Jan 13, 2014 9:41am Jan 13, 2014 9:41am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

Quoting samansadeghi

Disliked

EURGBPDaily WOLFI+DIVERGENCE {image}

Ignored

eurgbp h4

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THERE IS NO SYSTEM

#110
Jan 17, 2014 8:13am Jan 17, 2014 8:13am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

EURUSDH4

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THERE IS NO SYSTEM

#111
May 20, 2014 11:41am May 20, 2014 11:41am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

gbpusd
hidden divergence

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THERE IS NO SYSTEM

#112
May 20, 2014 11:41am May 20, 2014 11:41am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

gbpaud daily

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THERE IS NO SYSTEM

#113
May 22, 2014 10:51am May 22, 2014 10:51am

samansadeghi
Joined Mar 2010 | Status: FUNDAMENTAL IS EVERYTHING | 1,877 Posts

GBPUSDM15

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THERE IS NO SYSTEM

#114
Jun 14, 2015 2:38am Jun 14, 2015 2:38am

radiosilk
| Joined Jun 2015 | Status: Trader | 1 Post

Quoting ikur1

Disliked

I'm actually backtesting on divergence as of now... here's my cheat sheet version: 1. If u see an uptrend on the chart and there's a divergence on the "tops"- it's a reversal 2. if u an uptrend and divergence on the "bottom 2 points"- it's a continuation 3. downtrend on chart with divergence on "bottom points" - reversal 4. downtrend on chart with divergence on "top points" - continuation I use stochastic on 4H TF - so far has gone 130 trades with satisfactory result, however, averaging on 5-8 setups/month we'll see how I go then... good luck there!...

Ignored

Explained so beautifully !

#115
Jan 28, 2018 9:09pm Jan 28, 2018 9:09pm

aPhong
Joined Sep 2017 | Status: .. we want it most but use it worst | 239 Posts

Quoting dee50

Disliked

I personally have found the Stochastics set at 8,3,3, to show divergences much better than MACD or RSI, Look at the attached chart stochastics is showing both Regular divergence and Hidden Divergence, where as MACD has not shown either. The choice of what you use is really a matter of personal preference. But put both on a chart on your preferred time frame and see which you prefer. The attached PDF will give you a nice simple explanation of Divergence with clear chart examples. {image} {image}

Ignored

----
Hi Dee50,
Nice to know you! Thanks for the Bdf
Could you share me the Sotochastic Divergence Indicator?
Thanks! & happy trading

...want it most but use it worst!

#116
Jan 30, 2018 6:30am Jan 30, 2018 6:30am

dee50
Joined Jul 2010 | Status: Retired | 3,621 Posts

Quoting aPhong

Disliked

{quote} ---- Hi Dee50, Nice to know you! Thanks for the Bdf Could you share me the Sotochastic Divergence Indicator? Thanks! & happy trading

Ignored

The Stochastics indicator is MT4 standard, the divergences are hand drawn, there are indicators here on FF that will draw the Divergences for you but I have never bothered with them so I can not guide you to a reliable one, if such a thing exists.

Cut your Losers short and let your Winners run.

#117
Jun 14, 2019 4:53am Jun 14, 2019 4:53am

2george
Joined Feb 2007 | Status: Trader | 321 Posts

I rarely see Hidden Divergence before the fact but yesterday I saw on both the attached 1hr and 15m Dax charts that there was bearish HD at 10.30am UK time.
If there is doubt about HD providing fast springboard moves then look at your own charts for the results.
Thank you for starting this thread!
George

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#118
Dec 25, 2020 4:04am Dec 25, 2020 4:04am

bilal1947
Joined Apr 2020 | Status: Offline | 3,298 Posts

Quoting charvo

Disliked

isn't divergence crap the most deceiving useless crap in the technical analysis? am i stupid or wrong: a MACD is a difference of 2 MAs use typical 12 26 9 as example "some crazy ppl points a daily chart, shouting, see, divergence developed over 3 months, golden chance to short!" feck me, man, that current MACD value is difference of recent 12 and 26 MAs. and you compare that to 3 months ago's 12 and 26 days prior MA value, and you said comparing these two values give you an edge??? heck, i don't need a backtest to convince me it is purely crap....

Ignored

Check my thread i dont trade divergence but its a hint, then trade price action

https://www.forexfactory.com/thread/...-action-system

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