How to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator.
1. Like the script "Oscillator Divergences by JDLim"
2. Add your favorite oscillator to your chart.
3. Apply the "Oscillator Divergences by JDLim" to that indicator.
4. Confirm the correct input source is selected.
5. Trade well and donate if you become successful :)
Link to indicator
The May 24 expiration 107 calls are under a dime, spread is bit wide and the Mqy 31 expiration 107 calls again spread wide .16 - .20. Im gonna grab 100 shares of the ETF for a short term move and throw stops very tight just under $106
The MACD divergence on the long term chart of TRV indicates prices should be near the $128 level. The topping pattern forming on the daily seems to add credibility that this move is over. The daily chart closed near the low today and the MACD on daily is diverging down. Those who follow other time frames will note the weekly while in a large double top too of...
Huge divergence on the MACD with clear trendline break, could drive price to 61.8 fib level. Try to get better entry cause another leg down is possible.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance...
The price should decline even further with a potential leg up without touching the trendline in order to complete the 5 waves and the bearish crab formation. These conditions, with continuous divergence on the MACD, will provide better probabilities for the down move and even more pips to cover, since it will be of different degree.
1) Never risk more than 2%...
The AUDUSD has been in a strong down trend.
The 2 hour chart shows bullish MACD divergence. Usually this creates a short term rally in the overall larger down trend.
I am waiting for a small rally to get back into the down trend.
All the best!
I am new here and this is my first post. I am a simple trader that looks for the repetitive nature of the market.
There is Bearish MACD Divergence on both the 4 Hour and Daily charts for Cisco.
This could be a nice setup for year end profit taking with the DOW having had such a huge run up over the last 11 months.
All the best!...
Hey guys, with USD taking a breath after the recent run, I will wait for a good short opportunity around 0.382 / 0.5 fib, price meeting 20 and 50 EMA would add even more confluence to a short entry.
Hope you liked this idea, wish you all good luck!
Bounce from Fib and Moving Averages gives hope that red resistance line could be broken. MACD going bullish, together with RSI and Stoch might give enough power for pair to break trend upwards. Hoping for strong euro tendency from last week to continue (effects of CETA agreement).
RISKY, if trend not broken, I'll be looking for short.
NZD/USD may be slowing down its momentum and could provide a nice opportunity for a quick trade.
-Pin candle formation at resisitance/swing high on 1H chart
-Pin candle formation on daily chart
-Stochastic RSI about to cross in overbought territory
-MACD bearish divergence
-RSI bearish divergence