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Bearish Divergence (1 viewing) (1) Guest
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TOPIC: Bearish Divergence
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rob (Admin)
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graphgraph
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Re:Bearish Divergence 5 Years, 6 Months ago Karma: 0  
Bullish and bearish divergances are the equivalent of the Amber traffic light. Get ready to act. You still need to determine what price has to do before a trade is either entered or closed-out. In some trading strategies it is the combination of two specific divergances that trigger an entry if (and only if) price has reached a pre-determined level. Quite good really!

I am currently looking at incorporating divergance studies into the ACOFE Research Project. But as with all indicator studies, they will be unceremoneously dumped if they complicate matters.

cheers
 
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