focus totally on buying and selling divergences, Being that early on in my buying and selling profession I recognized an algorithm hidden inside ' All Oscillators ' going by one easy rule
- Divergence Initiatives the following development break & or reversal. ( Please discuss with my earlier put up above )
It wasn't till not too long ago I paid no consideration what so ever to the histogram of the MacD. I noticed this as unreliable... Till now.
All of us are just about acquainted with divergence & hidden divergence however nothing in true relation to cost sample formations.
The foundations are easy:
Comply with the cash !
1. to 2. = Divergence
2. to 3 = No Divergence = Weak point = Reversal / Breakout
the key is to establish the Weak point ( No Divergence ) as to it is opposing pressure could be both common divergence or Hidden Divergence favouring a development continuation setup.
Notice the final chart pic. A break of its formation is in it'self a sound sign. ie. The histogram shaped a brand new decrease low indicating a Quick sign in addition to the divergence development break to the down aspect.
...Get pleasure from
Connected Photographs (click on to enlarge)