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Who has the best Divergence indicator?


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Who has the best Divergence indicator?

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  #1 (permalink)
nashville, tn
 
Experience: Intermediate
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nt8 Divergence spotter Indicator

I am looking for the best Divergence indicator for Ninja Trader 8

Thanks in advance

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  #3 (permalink)
Waco + Texas/USA
 
 
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Well, what data point or set of data is diverging/converging? Moving Average? Ranges how far back in the data are you trying to look?


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  #4 (permalink)
nashville, tn
 
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Between price and indicator.. Like macd or rsi

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  #5 (permalink)
Bucharest - Romania
 
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https://tradetheplan.com/divergencespro/

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  #6 (permalink)
nashville, tn
 
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That one is out of my price range... Lol

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  #7 (permalink)
Elite_Member
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cshrum View Post
That one is out of my price range... Lol

Blimey. As if you would spend $1500 for a divergence indicator, (and a load of other stuff you don't want).
Those pictures showing bearish divergence could be got just as well from using the RSI which you mentioned "Like macd or rsi".
All oscillators are basically going to be the same workings anyway and I bet in the longterm they generally have the same sort of consistency. One setting could be better one day than another and vice versa but anybody you find promoting a "winning divergence indicator", "better divergence indicator" etc is just going to be some shyster anyway.
I would suggest just picking one of those common well regarded basic oscillators, add it to your chart and watch it and look for patterns you see repeating, then come up with a strategy from that and get on with it.
Just a thought, but trying to find a better/best indicator is a never ending quest and largely a waste of time. IMHO

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  #8 (permalink)
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Mattew28, IMHO this is absolute correct

in my opinion, the best divergence indicator are my EYES.

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  #9 (permalink)
Market Wizard
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cshrum View Post
nt8 Divergence spotter Indicator

I am looking for the best Divergence indicator for Ninja Trader 8

Thanks in advance

If i remember the king at Futures.io for working with divergence was this guy known as "aligator" who started this thread:

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  #10 (permalink)
 
 
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If you are looking for one of the best divergence indicator,

I'd recommend LEVEX indicator but it is not a free indicator.

They offer 3 weeks trials.

https://www.cannontrading.com/community/newsletter/FREE-TRIAL-trading-ALGOS-US-Stocks-bottoming-out

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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  #11 (permalink)
Fort Worth TX USA
 
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Funnily enough that you should ask this question. Try this one. Its free here. I just found this a few days ago by accident when I was looking for a different indicator.



Enter any indicator in the input series and it'll pull divers on any price to indicator you like. Divers will only paint as price plays out live...or in sim.

so far a really good one I've found to enter in input series is Oscillator, Fisher transform...another free one here.

I'm going to test it next with CumDelta indicators. Several good free ones here.

Wow, you can have these for free here in this community or pay up $1500 a piece like the other person posted. $4500 or free? I choose free! Be free!

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  #12 (permalink)
Brisbane Queensland Australia
 
 
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Divergent indicators are a little subjective for me , i much prefer boolean/binary type decisions . Maybe its just me but i see divergence as a type of confusion , a grey area if you like . For me not helpful in making decisions , i mean whats right , price or the oscillator . So for me the there is no best divergent indi . Just saying

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  #13 (permalink)
Market Wizard
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my favorite divergence is a delta divergence. but only when a few other conditions are met as well.

here's an example of a delta divergence pulling back to an earlier established volume imbalance. also the location (2nd lower sd band of vwap) is favorable. especially in a range kind of market.

of course it can be used under other conditions as well, just not by itself alone.


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More than one.


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  #15 (permalink)
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cshrum View Post
nt8 Divergence spotter Indicator

I am looking for the best Divergence indicator for Ninja Trader 8

Thanks in advance

it depends on what time frame and what your trading. there is no shortage of them. in general terms you want to see multi-time frame and cross market divergences at the same time. just a divergence on a 5 min. ES chart does not mean that much. you will need to play with a few to find the correct one/ hope it helps

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  #16 (permalink)
nashville, tn
 
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Silvester17 View Post
my favorite divergence is a delta divergence. but only when a few other conditions are met as well.

here's an example of a delta divergence pulling back to an earlier established volume imbalance. also the location (2nd lower sd band of vwap) is favorable. especially in a range kind of market.

of course it can be used under other conditions as well, just not by itself alone.


How are you getting the Delta Divergence to plot?

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  #17 (permalink)
Market Wizard
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cshrum View Post
How are you getting the Delta Divergence to plot?

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I'm using @gomi GomOrderFlowPro:

https://www.gomicators.com/order-flow/


and here's an example how to create signals like the delta divergence:


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  #18 (permalink)
nashville, tn
 
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Silvester17 View Post
I'm using @gomi GomOrderFlowPro:

https://www.gomicators.com/order-flow/


and here's an example how to create signals like the delta divergence:


Oh I see... I do not have that..thx


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  #19 (permalink)
GIRONA
 
 
Posts: 9 since Nov 2016
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I think the same I am using it and its the best i have seen

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