Is the divergence the best way to trade profitable?

Feb 09, 2015 at 21:28
816 Views
7 Replies
Member Since Dec 28, 2014   9 posts
Feb 09, 2015 at 21:28
My opinion is yes.
I am saying this because i have created just two days ago after lots of efforts my unique EA.
The EA use 3 different indicators in order to find divergence with specific pips distance,
spesific bars back, in different periods of each indicator, and all these at the same time!

Indicators used are De marker, Force index and %bb.

I will be happy to discuss any suggestions of making it more profitable.


Attachments:

Member Since Dec 28, 2014   9 posts
Feb 10, 2015 at 07:38
lotsizematters posted:
My opinion is yes.
I am saying this because i have created just two days ago after lots of efforts my unique EA.
The EA use 3 different indicators in order to find divergence with specific pips distance,
spesific bars back, in different periods of each indicator, and all these at the same time!

Indicators used are De marker, Force index and %bb.

I will be happy to discuss any suggestions of making it more profitable.


Member Since Jan 22, 2015   67 posts
Feb 10, 2015 at 19:40
Good info and good youtube reply.
Member Since Aug 17, 2021   94 posts
Oct 30, 2021 at 12:35
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. This means fewer trades but if you structure your trade well, then your profit potential can be huge. Divergences on shorter time frames will occur more frequently but are less reliable.
Member Since Mar 15, 2019   82 posts
Nov 02, 2021 at 22:31
I do like to keep an eye on divergence. I don't use it as a 'holly grail' though. Just one of the things I look for
All or nothing
Member Since Jul 23, 2020   759 posts
Nov 10, 2021 at 11:34
Divergence signals tend to be more accurate in the longer time frames. You get fewer false signals
Member Since Jul 23, 2020   869 posts
Nov 10, 2021 at 16:56
I don’t think so. There are a lot of ways to trade and most of them are good.
Member Since Feb 08, 2019   213 posts
Nov 10, 2021 at 20:29
How many trades is your test over?
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.