Comparative Price Action | Foreign Exchange EA Download- MT4/MT5 Resources
Comparative Price Action – AKA; This Isn’t Your Grandfather’s Divergence
First of all, thanks to billbss for starting this FF thread 8 years ago:
https://www.forexfactory.com/showthread.php?t=160679
He provided all the information I needed to get started on this path. I'm not sure if he's still monitoring FF. His last article (in another post) was in February 2017. Thank you Billbss.
In short, threads;
If one currency pair makes a lower low and the other currency pair does not make a lower low, then you buy the currency pair that did not make a low. (stronger)
If one pair makes higher highs and the other pair does not, sell the pair that did not make higher highs. (weaker)
Don't expect to understand this in a few minutes. First learn to diverge. If you don't know what that is, read about it or watch YT videos until you fully understand what you're looking for.
Don't worry about hiding divergences at this point. However, once you have a handle on what you're looking for, by all means, feel free to use Hidden Divergence to help us discover it, and other ancillary methods may help us find better entries.
First of all, thanks to billbss for starting this FF thread 8 years ago:
https://www.forexfactory.com/showthread.php?t=160679
He provided all the information I needed to get started on this path. I'm not sure if he's still monitoring FF. His last article (in another post) was in February 2017. Thank you Billbss.
In short, threads;
If one currency pair makes a lower low and the other currency pair does not make a lower low, then you buy the currency pair that did not make a low. (stronger)
If one pair makes higher highs and the other pair does not, sell the pair that did not make higher highs. (weaker)
Don't expect to understand this in a few minutes. First learn to diverge. If you don't know what that is, read about it or watch YT videos until you fully understand what you're looking for.
Don't worry about hiding divergences at this point. However, once you have a handle on what you're looking for, by all means, feel free to use Hidden Divergence to help us discover it, and other ancillary methods may help us find better entries.
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