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Playing Divergence with a Triangle
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Playing Divergence with a Triangle

  #1 (permalink)
Market Wizard
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Playing Divergence with a Triangle

Don't just play a two-point divergence. Instead, play a three-point divergence forming triangles, especially if the apexes form opposite of each other.

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Playing Divergence with a Triangle-cl-03-12-medianrenko-4-ticks-2_1_2012.png  

Last edited by aligator; February 1st, 2012 at 11:56 AM.
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  #3 (permalink)
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aligator View Post
Don't just play a two-point divergence. Instead, play a three-point divergence forming triangles, especially if the apexes form opposite of each other.

i dont get why you are following the yellow line in the indicator below(OBV?) on one triangle, then following the yellow and the black on the other triangle?

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

¯\_(ツ)_/¯

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  #4 (permalink)
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madLyfe View Post
i dont get why you are following the yellow line in the indicator below(OBV?) on one triangle, then following the yellow and the black on the other triangle?

@madLyfe,

Thanks for catching that. That was a drawing Boo Boo Here are two examples (a single triangle and a double). Double triangles diverging are very powerful. Rare, but if the two apexes (of double triangles) form in opposite direction, its a knockout.

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Playing Divergence with a Triangle-ym-03-12-medianrenko-4-ticks-2_2_2012.png  
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LOL i must be half asleep but i am trying hard to see the difference between what you call a single versus a double triangle. In both cases in your example, i see a single triangle. Never heard of that triangle perspective before, where does it come from ?


aligator View Post
@madLyfe,

Thanks for catching that. That was a drawing Boo Boo Here are two examples (a single triangle and a double). Double triangles diverging are very powerful. Rare, but if the two apexes (of double triangles) form in opposite direction, its a knockout.


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  #6 (permalink)
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trendisyourfriend View Post
LOL i must be half asleep but i am trying hard to see the difference between what you call a single versus a double triangle. In both cases in your example, i see a single triangle. Never heard of that triangle perspective before, where does it come from ?

@trendisyourfriend

Sometimes it is dangerous to LOL in asleep Here is an example of a double triangle divergence.

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Playing Divergence with a Triangle-6e-03-12-medianrenko-6-ticks-1_29_2012.png  
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  #7 (permalink)
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aligator View Post
@madLyfe,

Thanks for catching that. That was a drawing Boo Boo Here are two examples (a single triangle and a double). Double triangles diverging are very powerful. Rare, but if the two apexes (of double triangles) form in opposite direction, its a knockout.

Thats interesting...Im going to draw triangles w/ divergence for now on. I never realized that, Thank You for the insight.

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  #8 (permalink)
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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


aligator View Post
@trendisyourfriend

Sometimes it is dangerous to LOL in asleep Here is an example of a double triangle divergence.


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  #9 (permalink)
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Looks like an extended divergence.

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  #10 (permalink)
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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..

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

¯\_(ツ)_/¯

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