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chamane replied Dec 1, 2019Another recent situation. A HD pattern spotted on EURAUD Daily chart. MACD signaled an entry on November 25 which was the start of a Trading Zone (blue rectangle) for trades on the 30 min chart. image There were five entries last week in the Zone ...
Hidden divergence
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chamane replied Dec 1, 2019HD pattern on the CADJPY Daily chart with a Regular Divergence on the 4 HR timeframe. Waiting for entry signals there as well. image
Hidden divergence
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chamane replied Dec 1, 2019A HD pattern spotted on the CADCHF Daily chart. Only time will tell if the pattern will hold. Waiting for entry signals on the 4 HR chart. image
Hidden divergence
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chamane replied Dec 1, 2019Here is an opportunity that came out lately. A hidden divergence was showing on the AUDJPY Daily chart on Nobember 18. The pattern left some doubt because of the great distance between peaks (some thirty periods) and HD was not showing on the ...
Hidden divergence
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chamane replied Nov 29, 2019I suggest you post an image of a chart and indicators.
Hidden divergence
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chamane replied Nov 28, 2019There is a spike (or noise) between your peaks. I don't trade those usually.
Hidden divergence
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chamane replied Nov 28, 2019Correct, when I use a setting of 8 for the Stochastic, the distance between peaks should be from 8 to 16-20 periods on average.
Hidden divergence
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chamane replied Nov 28, 2019It's a personal preference. I find that the setting of 8 gives moves that are in sync with those of the MACD histogram with a setting of 8,17,9. When both show a divergence pattern at the same time, it is a strong signal. I agree that the Stochastic ...
Hidden divergence
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chamane replied Nov 28, 2019Looks like another entry opportunity building up. We'll see in a few days. image
Hidden divergence
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chamane replied Nov 28, 2019The winning rate will depend a lot on how you manage your trades. If you use a RR=1:1, I would say between 66% and 75%. I remember using TDI, but I prefer the Stochastic and the MACD, I find that they give smoother moves. But you can be successful ...
Hidden divergence
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chamane replied Nov 28, 2019I also watch Regular Divergence patterns as I apply the same analysis tools. Here is an example: RD on the Monthly chart and potential entry point on the Weekly. image But I prefer HD patterns.
Hidden divergence
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chamane replied Nov 27, 2019I prefer having the two indicators diverging together. I am showing two cases where it happens. With GBPJPY, there would have been a gain if entering after the cross of the trendline and a small loss if entering on the MACD signal. With CHFJPY, ...
Hidden divergence
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chamane replied Nov 25, 2019A potential trade on the 1 HR chart during a HD pattern on the 4 HR. image
Hidden divergence
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chamane replied Nov 22, 2019A HD pattern on the Weekly chart and an entry signal on the Daily, where we can also see a clear reversed Head & Shoulder pattern. I would rather trade on the 1 HR chart in a Cost Averaging approach in the Trading Zone. Let's see how it goes next ...
Hidden divergence