| This stratey use 2 bb macd indicator, one for messure the power of current trend , one for making entry point decision. it generate both normal divergence and hidden divergence, but before making the decision you must specify the market situation that is trending or sideway that is the most important element in trading. Both of 2 indicator can generate the signals, you can use other oscillator indicator with the same idea of divergence trading. For example below I use 2 indicator on heiken ashi chart: |
You can find many situation like this when market is running, waiting for the close of the candle and then get in. The normal divergence indicate the reversal at the big support and resistance, hidden divergence indicate the continuing of the trend, but it must appear on the way of that trend you are identifying.You can get 2 indicators in my indicator collections:
BB Macd nrp smoothed
BB Macd.ex4
Hope some one like this!
