Divergence Trade Thread

[tradersaavy]

Quote from VisionTrader:



I will do my best to post the trade as close to real time as I am able. If I can not do this, I will not post the trade.



VisionTrader

I think it would still be beneficial to post charts for all trades, even if they are close to real time or after the fact.

 

[tradersaavy]

I used to use momentum 20 period for my divergence but I switched a while ago to the MACD 3,14,1 that VisionTrader uses as I see it being very similair to the MOM 20 per., yet a lot smoother.

 

[VisionTrader]

Quote from abishiai:

I might add that I use the 21 tick chart for the YM. I trade support and resistance on it, and it moves about the same sped as the 144 tick chart on the ES.

The charts I mentioned in my previous post are all ES charts.

Cheer,

kp

Are you a divergence trader?

Do you use a 24 hour time period when plotting ticks?

 

[VisionTrader]

Quote from electron:



I don't think there is any fundamental advantage of MACD over Chaikin or MACD over stochastics or vice versa. None of them will catch all relevant tops or bottoms and they are best used in conjunction with other tools if possible. Indicators are only tools and it is how you use them that makes all the difference. Your experience in using them can be as important as the very indicators you talk about.

Electron,

I agree with you.

My original question is asking why these two indicators look so similar?

 

[VisionTrader]

Quote from T-REX:




The PulseScan Swing VIX Indicator is very helpful in measuring price movement and predicting turning points well in advance of the move - typically 3-5 days ahead of the market.

It is among the best stand alone indicators I have ever used.

I can't open this. Is it me or is it the pdf attachment

 

[VisionTrader]

Quote from tradersaavy:

I used to use momentum 20 period for my divergence but I switched a while ago to the MACD 3,14,1 that VisionTrader uses as I see it being very similair to the MOM 20 per., yet a lot smoother.

I use 4, 13, 1.

 

[MarkB]

Not sure why, but you need to save the attachment to your HD first and then open it.

 

[tradersaavy]

Quote from VisionTrader:



I use 4, 13, 1.

OOOPS. I said 3, 14, 1. A little dyslexia this morning. Sorry.

 

[MarkB]

Assuming that you have Acrobat (at least the free reader) installed:

Right click it, choose "Save target as" (also assuming you are using Internet Explorer), and save it to your desktop. Then double click the file.

IMHO it really doesn't show enough info about the indicators being demonstrated anyway. No offense to the original poster of the pdf.

 

[MarkB]

LOL T-Rex, it's too early for me to be a'learnin! Didn't realize that it was you who posted it in the first place, I thought you were asking me how to open it.

I'll take a look to see if I can figure out why it didn't open, so you hopefully don't face that again. Might be easier to post gifs instead, since everyone can see that.

It would help though, when posting indicators that are unknown to the majority, if you explained what each line is and what both axes represent