Hello vdubus
What TF do you use? only H4 ?
No I don't confine myself to 4H however I find higher time frames simpler to break when utilizing BB%Originally Posted by ;
Your very first chart - which first LH is really a HH. How can it be a reduced if price is higher compared to the previous greater high?
On daily chart I use
wma(4)
ema(13)
ma(50)
and typical volume 25 afternoon line. Watch the volume on up days versus the quantity on down days. Have a look at BAC chart. The ema(13) is the swing trade typical and wma(4) as things to become in the 1st day upward.
All indior's do just earn a lot on sound. IMHO.
Relative to the Bollinger band it is a LH - Last filmOriginally Posted by ;
External = High / Indoors = Low
External - Inside Reversal
Divergence
Awesome @vdubus, so glad you've started this thread.
Taking a look at the EURUSD 4H (attached below), are we due for a change?
I noticed your BB% length is 21 versus the default 20. Does this change make much difference in outcomes?
Last question, do you input at the immediate price action tendency break or wait for a candle to shut past the rest?
Thanks!
Seems like my question was answered, though I overlooked an entrance stageOriginally Posted by ;
That is all about the sharpest indior for divergence I have seen in a long time.
I love to use fib numbers 1, 2, 5, 3, 8, 13, 21, 34, and so forth. No difference is made by it to this egyOriginally Posted by ;
Nice. In addition, I use precisely the same egy for renkoOriginally Posted by ;
here you will find the holy Grail for my egy -
Divergence forecasts another trend reversal!