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  • #1

    Divergence

    DIVERGENCE


    Regular Divergence



    Hidden Divergence



    Bollinger Bands Divergence
    Tags: None
  • #2
    Divergence as an exit.

    Divergence is a powerful tool that can help us determine market momentum.
    There are many ways to see divergence and it can range from the MACD, to the RSI to even price action itself.
    Sometimes divergence isn't going to be a reason to get into a trade, it can just be a reason to get out of a trade.
    This video demonstrates how I would use the divergence on the MACD to exit a trade:

    Comment

    • #3
      Originally posted by Russ View Post
      Divergence as an exit.

      Divergence is a powerful tool that can help us determine market momentum.
      There are many ways to see divergence and it can range from the MACD, to the RSI to even price action itself.
      Sometimes divergence isn't going to be a reason to get into a trade, it can just be a reason to get out of a trade.
      This video demonstrates how I would use the divergence on the MACD to exit a trade:
      What is the MACD histogram in this video based on?

      Comment

      • Russ
        #3.1
        Russ commented
        08-11-2023, 07:32 AM
        Editing a comment
        The MACD in the video is the 2 line MACD without the lives. What you are seeing is the MACD histogram. To get the same thing, you can use an indicator called the OsMA, it will show you the exact same thing.
    • #4
      Originally posted by Emir View Post
      DIVERGENCE


      Regular Divergence



      Hidden Divergence



      Bollinger Bands Divergence
      In the regular and hidden divergence videos, why did u use the Moving Average of Oscillator (OSMA) indicator and not the MACD indicator like in your Divergence as an Exit video?

      Comment

      • Russ
        #4.1
        Russ commented
        08-07-2023, 09:08 PM
        Editing a comment
        The OsMA indicators is the same as the MACD. The histogram part of the 2 line MACD IS the OsMA, so it won't make a difference. Even so, the concept will be the same if you use MACD, OsMA, Stochastic, RSI, or any of the oscillating indicators.
    • #5
      Originally posted by Russ View Post
      Divergence as an exit.

      Divergence is a powerful tool that can help us determine market momentum.
      There are many ways to see divergence and it can range from the MACD, to the RSI to even price action itself.
      Sometimes divergence isn't going to be a reason to get into a trade, it can just be a reason to get out of a trade.
      This video demonstrates how I would use the divergence on the MACD to exit a trade:
      Russ, is the histogram in the MACD indicator in this video based on the Fast EMA or on the Slow EMA?

      Comment

      • Russ
        #5.1
        Russ commented
        08-09-2023, 08:06 AM
        Editing a comment
        Hi Jackpot,
        I don't understand the question...

        The MACD in the video is the MACD histogram, the actual MACD Line and its signal line are invisible.
        The moving averages used to to create the AMCD will be the 12 and 26 EMAs, and the signal line will be the 9 SMA.
        The space between the AMCD line and the signal line is then shown as the histogram that we see on the chart itself.
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