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Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
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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.
Last edited by aligator; February 1st, 2012 at 10:56 AM.
The following 2 users say Thank You to aligator for this post:
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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)_/¯
(╯°□°)╯︵ ┻━┻
The following user says Thank You to madLyfe for this post:
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.
The following 3 users say Thank You to aligator for this 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 ?
The following user says Thank You to trendisyourfriend for this 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
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)_/¯
(╯°□°)╯︵ ┻━┻
The following user says Thank You to madLyfe for this post:
February 1st, 2012, 09:01 AM
dont believe anything you hear and only half of what you see 
Here are two examples (a single triangle and a double). Double triangles 
Here is an example of a double triangle 
