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Playing Divergence with a Triangle
Started: by aligator Views / Replies:2,895 / 22
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Playing Divergence with a Triangle

  #11 (permalink)
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madLyfe View Post
you know that all of this is just regular divergence.. and that double triangle thing you put up is a regular triple divergence.. just draw a line across the tops of price and the indicator peaks.. dont need the extra two lines for the triangles..

ya but no fun in that.

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  #12 (permalink)
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cory View Post
ya but no fun in that.

"But wait, there is more...."

"If you buy two divergences, for the price of one, you will get a free trade! That's right! A free trade!"

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  #13 (permalink)
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trendisyourfriend View Post
This indicator you are using seems to be quite reactive to small swings. What is it called ? And what's your settings if it is available to all ? Thanks

@trendisyourfriend,

Thanks. The indicator can be almost any standard oscillator or momentum indicator, but the concept is the same. Sorry, but this indicator is not available.

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  #14 (permalink)
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TheSeeker View Post
Looks like an extended divergence.

Thanks for comment. But, not quite the same. The Apex of a triangle must be on a lower high or a higher low. An extended divergence will be on top of a W or bottom of an M and there is no requirement for the location of the apexes.

I you notice in the chart attach in post#6 there is an extended divergence near the end of the chart but it is not a double triangle divergence. There is no point for the apen to form.

Cheers!

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  #15 (permalink)
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Which products do you trade?

 

madLyfe View Post
you know that all of this is just regular divergence.. and that double triangle thing you put up is a regular triple divergence.. just draw a line across the tops of price and the indicator peaks.. dont need the extra two lines for the triangles..

Thanks, but not true @madLyfe. Please read every word on the chart attached to post #6. A regular divergence has no requirement for where the Apex of the triangle forms, it can be on a simple notch or V.

Attached Thumbnails
Playing Divergence with a Triangle-6e-03-12-medianrenko-6-ticks-1_29_2012-modified.png  

Last edited by aligator; February 3rd, 2012 at 08:33 PM.
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  #16 (permalink)
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bluemele View Post
"But wait, there is more...."

"If you buy two divergences, for the price of one, you will get a free trade! That's right! A free trade!"

I guess you didn't like my comment. I thought it was supposed to be funny...


aligator View Post
@trendisyourfriend,

Thanks. The indicator can be almost any standard oscillator or momentum indicator, but the concept is the same. Sorry, but this indicator is not available.

If you don't share the indicator, than what is the point of this post/thread?

Why not share it? Just curious, your free to do whatever, but curious why you posted the thread. I agree that the more divergence you have the higher % of success, but curious to hear more.

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  #17 (permalink)
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bluemele View Post
I guess you didn't like my comment. I thought it was supposed to be funny...

If you don't share the indicator, than what is the point of this post/thread?

Why not share it? Just curious, your free to do whatever, but curious why you posted the thread.

@bluemele;

Thanks, your joke was funny, I am still rolling

As for this indicator, I am not at liberty to share, but I have shared many indicators when I could. However, as I said before you can use almost any of the momentum oscillators to get similar results.

I am sharing an idea that works and is free. The point of the post is to be curious enough about the merit of the concept and use it if you find it to your liking, instead of my posting intent.

p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available free to others on futures.io (formerly BMT)", regardless of his unselfish contributions.

Cheers!


Last edited by aligator; February 4th, 2012 at 03:22 PM.
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  #18 (permalink)
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aligator View Post
@bluemele;

Thanks, your joke was funny, I am still rolling

As for this indicator, I am not at liberty to share, but I have shared many indicators when I could. However, as I said before you can use almost any of the momentum oscillators to get similar results.

I am sharing an idea that works and is free. The point of the post is to be curious enough about the merit of the concept and use it if you find it to your liking, instead of my posting intent.

p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available to others on futures.io (formerly BMT)", regardless of his unselfish contributions.

Cheers!

i dont want it, but it does kinda seem silly not to even share a name.. but im also just stirring the fire..

dont believe anything you hear and only half of what you see

\_(ツ)_/

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  #19 (permalink)
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madLyfe View Post
i dont want it, but it does kinda seem silly not to even share a name.. but im also just stirring the fire..

You are welcomed! Name is Pulse Rate

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  #20 (permalink)
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aligator
...
p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available to others on futures.io (formerly BMT)", regardless of his unselfish contributions.

Regarding Fat Tails's Alphabar , you can ask him for a trial version or better buy it for a very low price considering the time he put into it. So you can not really say it is not available to others on futures.io (formerly BMT). Back to the webinar

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