Oscillator indicators are technical analysis tools that show the rate at which a particular asset's price or other aspect is changing. Oscillators help traders identify potential trend reversals, trend continuations, and overbought or oversold conditions. These are general strategies that can apply to most oscillators. We would like to cover these in detail so you...
Greetings Traders, We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator. Today we are going to discuss the various oscillators The Divergent supports detecting divergences on. In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in....
- Do you have a Discord server set up for your own trading community? - Do you use divergences as part of your trading strategy? - Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart? If you have answered yes to all 3 questions above, please keep on reading. The easiest way to receive automated...
Detecting divergences in a Pine indicator / strategy is easy. You simply have to compare the pivot lows and the pivot highs on the price and the oscillator, and if you can identify a difference between the last & previous pivots made on the price and the oscillator, you have likely found a divergence. Using this theory, here is an example how you would detect a...
Hello, everyone! There are a lot of traders and many of them use divergence in their own way. Most of these ways lead to the deposit losses in the long run, because generate the late entries. I like to trade with Alexander Elder’s approach to the divergence. It has the clear entry condition and the small stop-losses in case of mistake. Divergences allows to enter...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator. So what is the MACD, The MACD is a...
First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one...
MACD – What it is The Moving Average Convergence Divergence (MACD) is the momentum indicator that shows the relationship between two different moving averages: 1. The 12 period exponential moving average – On Tradingview it is the Fast Length. 2. The 26 periods exponential moving average –On Tradingview it is the Slow Length. The MACD line is calculated by...
There are many ways to identify when a trend is about to reverse. In this video will show two. Decreasing momentum and MACD divergence in price.
PRISM Signals (Lime/Red) Buy/Sell signals based on filtered pSAR-based Monemtum/Acceleration/Jerk oscillator. [ p.Doji ] marks points of market-indecisiveness, and where typically, significant volatility and movement is about to occur ahead. FG-DIVERGENCE V4 {50/15-Series} (Light-Blue/Orange) Buy/Sell signals based on Momentum/Acceleration hybridized...
I introduce the Renko MACD and Renko MACD Trend indicators. Other indicators powered by the Renko Engine: Renko RSI Renko Trend Momentum Renko Weis/Ord Wave Volume Strategies: RSI-RENKO DIVINE Strategy
Hey Traders, Here is my idea about divergence by using macd. First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a reversal. In the pic below, we can clearly see that on AUDUSD trend is massively down from arrow area and everyone is...
Hello Friends, Welcome to the Lesson 2. I hope y'all had been waiting for this one. Hopefully you all understood the first lesson on RSI really well, because this indicator when used with RSI, can do wonders in your trading style. Lets get straight to the lesson without wasting any time. Today we will study MACD (Moving Average Convergence Divergence)...
Introduction Developed by Gerald Appel in the late seventies, the Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available. The MACD turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from the shorter moving average. As a...
This was a classic case of Bearish MACD divergence. The price was forming higher highs and the MACD was forming lower Highs. This could be a good reason to take a trade signal opposite of the trend. With out such indications trading reversals can be risky.