Stochastic Divergence System | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help regarding MACD, Stochastic, RSI & Divergence 32 replies

Looking for a good Divergence Stochastic Indicator 3 replies

Divergence and hidden Divergence 122 replies

indicator divergence stochastic!!!! 9 replies

Stochastic divergence indicator with stochastic cross? 0 replies

Attachments: Stochastic Divergence System
Exit Attachments

Stochastic Divergence System

  • #1
  • First Post: Jul 31, 2014 4:26am Jul 31, 2014 4:26am
Dear All !

I don't know if somebody shared this strategy, since i joined this 4rum, all my comment and new thread control by Mod but now i am free so i decide start my own thread.My English so bad so i hope everybody can understand.

Ok ! this strategy i had used 4 year and make profit 20%-30% everymonth.Now i want to share this strategy for somebody who is a newbie in forex, i hope you got some help for started.

Pair : EU, GU, UJ, Gold
TF : H1, H4, D1 (M5, M15 can be for scalp but not recomend).
Time Market : After London Open.

Strategy 1

Long Rule :
1 . Waiting the Blue line appear in Stoch and Chart (the recomend is Stoch orver Buy 30 or 40).
2 . Waiting the Stoch line correct trend.
3 . Waiting the TrendLine Up.
4 . Entry a buy position.
5 . Stoploss 20pip from the candle appear Line. Take profit 30pips

Short Rule :
1 . Waiting the Red line appear in Stoch and Chart (the recomend is Stoch orver Buy 70 or 80).
2 . Waiting the Stoch line correct trend.
3 . Waiting the TrendLine Down.
4 . Entry a sell position.
5 . Stoploss 20pip from the candle appear Line. Take profit 30pips

Strategy 2

1 . Use MACD on the larger TimeFrame. Example Chart on H1 and use MACD on D1.
2 . Looking for the trend. If trend go up we entry Buy only when the divergence appear and Sell only if trend down.
3 . Rule entry same above

Ok ! that's all.Please ! sharing your experience and testing result.I am here to help.

Thank you very much !

Attached Image (click to enlarge)
Click to Enlarge Name: Stochastic_Divergence.png Size: 53 KB


This is indicator for this strategy
Attached File(s)
File Type: ex4 Divergence Stochastic Alert Software_Cleaned.ex4   14 KB | 14,487 downloads

Attached File(s)
File Type: mq4 SHI_Channel_true_TRO_MODIFIED_VERSION.mq4   13 KB | 8,349 downloads
  • #2
  • Jul 31, 2014 9:03am Jul 31, 2014 9:03am
Ok ! i have a divergence to Breakout TrendLine today.

Attached Image (click to enlarge)
Click to Enlarge Name: TodayBreakout.png Size: 50 KB
  • #3
  • Aug 1, 2014 4:47am Aug 1, 2014 4:47am
Ok ! begin the profit for last day Buy.The trendlind now go up, it's like breakout trendline last day, we have more trend above the Pivot day.

Attached Image (click to enlarge)
Click to Enlarge Name: Profit.png Size: 58 KB
  • #4
  • Edited 1:13pm Aug 25, 2014 10:47am | Edited 1:13pm
Quoting tieuthienma
Ok ! begin the profit for last day Buy.The trendlind now go up, it's like breakout trendline last day, we have more trend above the Pivot day. {image}
Hi Brother,

can you please put some more examples for higher time frame. appreciated. If possible template.

Bomi
  • #5
  • Aug 25, 2014 7:20pm Aug 25, 2014 7:20pm
Hi Sir,

Thank you for sharing your system that you have been trading successful for 4 years. It is a really nice thing of you to help us novice traders. I have a question. . . You said to trade on London open, but what time should we stop looking for entry signals?

Thanks,

Coffee Lover.
God changed my life.
  • #6
  • Aug 26, 2014 3:20am Aug 26, 2014 3:20am
I think this is very powerfull strategy, especially with strong S/R levels. I'm testing exactly the same last days and didn't see the thread. Is the OP still there to discuss it?
I want money!
  • #7
  • Aug 27, 2014 4:00am Aug 27, 2014 4:00am
Quoting coffee.lover
Hi Sir, Thank you for sharing your system that you have been trading successful for 4 years. It is a really nice thing of you to help us novice traders. I have a question. . . You said to trade on London open, but what time should we stop looking for entry signals? Thanks, Coffee Lover.
Hello ! actually have not exactly time.We working in forex and understand the London Open is a powerfull signal (my english is not good).So with my experience the divergence usually apear in new day at the Londen open time and that apear give you an exactly signal.For the asian time you alway have breakout of divergence bacause the money put in to market is not large.

My english is not good but i hope you understand me.
  • #8
  • Aug 27, 2014 4:03am Aug 27, 2014 4:03am
Quoting Bomi
{quote} Hi Brother, can you please put some more examples for higher time frame. appreciated. If possible template. Bomi
Bomi ! this divergence as exactly as higher timeframe but sometime i should to looking for lower timeframe,in the forex you should to looking for orther timeframe alway.

Sometime i trade by the way : the divegence apear match with higher TF divergence apear.That give you very exactly signal to trade bulk lotsize.

Thanks for care about my strategy !
  • #9
  • Aug 27, 2014 4:04am Aug 27, 2014 4:04am
Quoting tzolov
I think this is very powerfull strategy, especially with strong S/R levels. I'm testing exactly the same last days and didn't see the thread. Is the OP still there to discuss it?
Please ! share the exprience with S / R.With this system.
  • #10
  • Sep 7, 2014 5:58pm Sep 7, 2014 5:58pm
Hi Im very intrested in Divergences I think that it is very strong tool in trading now Im looking for some innovation to my strategy I combine MACD divergence + S/R lines first must make a divergence at higher time frame H4 or H1 and must touch the S/R line then I turn a M5 chart and I wait for divergence there when there make a divergence I enter the trade with SL above/under the High/low.
  • #11
  • Sep 7, 2014 6:08pm Sep 7, 2014 6:08pm
Tieuthienma can you please post more Pictures to better understand your system ?
  • #12
  • Sep 8, 2014 5:44am Sep 8, 2014 5:44am
Today was very nice Enter to position at EUR/AUD at high time frame D1 is making the divergence at the bottom of the channel + S/R line from Daily chart and at H1 was too divergence to long at the bottom of channel very nice enter to trade today you can catched the D1 divergence at the beginning.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-d1-armada-markets.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-h1-armada-markets.png Size: 40 KB
  • #13
  • Sep 28, 2014 11:46pm Sep 28, 2014 11:46pm
could u teach me how to install your indicator to my metatrader 4?
  • #14
  • Edited 7:21am Sep 29, 2014 6:34am | Edited 7:21am
sharing your experience and testing result.I am here to help. Thank you very much ! {image} This is indicator for this strategy {file} {file}[/quote]

thanks for the BOSS indis :nerd:

if anyones got the guts to go long euro ( not me ) -- 4 hour chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB
There has never been a statue erected in honor of a critic
  • #15
  • Sep 29, 2014 7:17am Sep 29, 2014 7:17am
4 hour gbp/usd
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB
There has never been a statue erected in honor of a critic
  • #16
  • Dec 10, 2015 6:39am Dec 10, 2015 6:39am
Quoting tieuthienma
Ok ! i have a divergence to Breakout TrendLine today. {image}
I know you have not visited this site for a while but will you post the MQ4 folder of the stochastics divergence cleaned indicator?
Thank you.
George
  • #17
  • Dec 10, 2015 2:02pm Dec 10, 2015 2:02pm
I will be trying your strategy, hope to make pips using your indicators.
  • #18
  • May 25, 2016 11:48pm May 25, 2016 11:48pm
Quoting tieuthienma
Dear All ! I don't know if somebody shared this strategy, since i joined this 4rum, all my comment and new thread control by Mod but now i am free so i decide start my own thread.My English so bad so i hope everybody can understand. Ok ! this strategy i had used 4 year and make profit 20%-30% everymonth.Now i want to share this strategy for somebody who is a newbie in forex, i hope you got some help for started. Pair : EU, GU, UJ, Gold TF : H1, H4, D1 (M5, M15 can be for scalp but not recomend). Time Market : After London Open. Strategy 1 Long Rule...

Hello everyone (especially tieuthienma).

I need to modify the divergence indicator (Stochastic Divergence Alert Software_Cleaned.ex4)

someone has the code (.mq4) of this indicator?

please me would be helpful.

thank you all for your time
  • #19
  • Dec 22, 2016 7:44am Dec 22, 2016 7:44am
Thankyou for share, i'll try
  • #20
  • Feb 14, 2017 2:36am Feb 14, 2017 2:36am
this technique does not working well on 1 time frame. if you used 4H without any volatile like big impact news, be careful with 1H. 1H maybe will show opposite direction compared to 4H. Divergence is powerful tools in forex trading but with mix time frame.
0 traders viewing now