Banjo divergence system | Forex indicator download - MT4/MT5 resources
Hey everyone!
My divergence deal is for 5 years. I developed my own style.
Go there first - http://www.forexfactory.com/showthread.php?t=573414
That’s how I started on my path.
Now, I have to apologize - people were kind of fooled by me because I told you there was a magic, special indicator of disagreement. This is not true.
There is only one best indicator of divergence - the Stochastic Oscillator.
Yes, randomly. Best indicator created so far. The success of trading differences depends on random parameters.
In my practice I found two parameters that give a very high probability of profit on divergences.
The first random parameter.
1) D period=1
2) Slow down=1
3) Price field = closing price
4) MA method = simple
5) Turn off the check mark in Max and Min Random Values
6)
The second random parameter.
1) D period=1
2) Slow down=1
3) Submit price = closing price
4) MA method = simple
5) Turn off the check mark in Max and Min Random Values
6)
rule
Use both stochastics simultaneously and check the differences on all trading pairs. You can trade two types of divergences – classic and hidden divergences.
Trading time frame - H4, D1 only. It is done in MT4, but if you trade in MT5, you can also use H2, H6, H8, H12.
You can take profits and stop losses your way as there are many ways to do this. For example, stop loss at the low and high points of the divergence and take profit at 1:3.
and some examples of disagreement.
My divergence deal is for 5 years. I developed my own style.
Go there first - http://www.forexfactory.com/showthread.php?t=573414
That’s how I started on my path.
Now, I have to apologize - people were kind of fooled by me because I told you there was a magic, special indicator of disagreement. This is not true.
There is only one best indicator of divergence - the Stochastic Oscillator.
Yes, randomly. Best indicator created so far. The success of trading differences depends on random parameters.
In my practice I found two parameters that give a very high probability of profit on divergences.
The first random parameter.
1) D period=1
2) Slow down=1
3) Price field = closing price
4) MA method = simple
5) Turn off the check mark in Max and Min Random Values
6)
The second random parameter.
1) D period=1
2) Slow down=1
3) Submit price = closing price
4) MA method = simple
5) Turn off the check mark in Max and Min Random Values
6)
rule
Use both stochastics simultaneously and check the differences on all trading pairs. You can trade two types of divergences – classic and hidden divergences.
Trading time frame - H4, D1 only. It is done in MT4, but if you trade in MT5, you can also use H2, H6, H8, H12.
You can take profits and stop losses your way as there are many ways to do this. For example, stop loss at the low and high points of the divergence and take profit at 1:3.
and some examples of disagreement.
























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