Chaikin Money Flow (C.M.F.)
Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any look-back...
Here is my idea about divergence by using macd.
First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a reversal.
In the pic below, we can clearly see that on AUDUSD trend is massively down from arrow area and everyone is...
This is my very first time I am writing any idea about how I read the charts.
So my first idea is going to be on Divergence and how it plays an important role in trend reversal.
First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a...
Here is an easy way to detect that there is a divergence and price will break soon.
First, we add a RSI indicator to chart, then drag it from below onto the main chart where the candles are (overlay). To avoid blocking vision, you can open RSI's style and hide the background, make the line thicken.
Now is how it works. Normally, you will notice RSI goes along...
Cryptorhythms team back again & hoping everyone is doing well in their trading endeavors!
Here an example of how to use the Crypto-Sticks Chande Momentum Oscillator for trading signals. I also plotted this range's signals the indicator would've generated.
The signaling system for this indicator works quite well. Wicks do not count as an try point (unless you...
Link to indicator
Link to sister indicator
Early warning alerts
-Fixed missing alerts
-Added possibility to alert if more than X number of oscillators have a similar divergence
Hidden Bearish Divergence on any Selected Oscillator
Hidden Bearish Divergence Developing on any Selected Oscillator
Regular Bearish Divergence on any Selected...
Today we have a fun one because I love making money. There is nothing better than nailing down an awesome trade and today I am going to teach you about something called 'divergence'. It might seem a bit complicated at first but it will be well worth it. As you can see in the BITFINEX:BTCUSD chart above, the prediction is stupid accurate.
You are going...
The system is one, the results are different. Why?
It is checked by practice - if several traders (approximately the same level) work on the same system, the results will be completely different. Why? Psychology with problems of a personal character comes to the fore. People have different psychotypes, different attitudes to risks, different measures of...
To find a divergence you have to take in account for the movement at each point in time. For example, make sure your divergences include a contiguous downtrend or uptrend or else they are invalid. Furthermore, don't build opinions over a single timeframe or indicator: always be sure to use multiple. Another good tactic is to discuss with people who might have...
The indicator of open interest is a little used indicator in the market of crypto currency. However, this is a mistake. After all, in fact, no indicator will provide a clearer signal of confirmation of the strength of the trend or its reversal.
Open interest is one of the first indicators used to conduct technical analysis. It is not based on any formulas. It...
What is 'Divergence'
Divergence appears on a bar chart when the price of an asset and an indicator, index or other related asset move in opposite directions. In most of time DVG have 3 peak, or bottom,. 3rd is considered as confirming.
Best indicators for look DIVG is MACD, CCI, RSI, also clone of MACD is Awesome Acs. Best and most confirmed divergence can be...
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred.
I hope others find it useful.
Source Used: Thanks Crypto Cred!!
DIVERGENCES are used to forecast an upcoming Price Reversal or Continuation.
There are 4 different types of Divergences and the first ones are Regular Bullish and Regular Bearish Divergences.
What are they?
Regular Divergences are when the price movement is contrary to the indicator movement. Signal for an upcoming Price Reversal, trend is about to change.