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@  traderpusa : (19 January 2020 - 08:20 PM) Kurt09 you should post in appropriate thread with screenshots to prove your case
@  kurt09 : (19 January 2020 - 03:25 PM) They Analist Edward Shultz is the biggest scammer, stay away from them
@  kurt09 : (19 January 2020 - 03:24 PM) Elitetrading.co and Tradeidiea is Big Scam, they dont let you withdraw yourr money
@  joacim : (19 January 2020 - 05:28 AM) vostro
@  traderpusa : (18 January 2020 - 09:54 PM) great. good luck trading in 2020 !
@  Singh : (18 January 2020 - 03:37 PM) @traderpusa naw man, I give up, its too much to baby sit people, give them rules and guidance and then restart again lol I am better off trading myself here and there.
@  traderpusa : (17 January 2020 - 09:34 PM) sorry to hear that. Keep on looking I would say.
@  Singh : (17 January 2020 - 04:20 PM) @traderpusa Nope, was a shit show. I doubt there is a good trader out there with a good risk management etc, demo is all bell and whistles lol
@  traderpusa : (16 January 2020 - 09:05 PM) Is your guy still active ?
@  traderpusa : (16 January 2020 - 09:05 PM) all good Singh. Back to the daily grind of trading.
@  Singh : (16 January 2020 - 03:45 PM) @blessedtj Hola
@  Singh : (16 January 2020 - 03:45 PM) @traderpusa Sup Man
@  blessedtj : (15 January 2020 - 11:35 PM) hi all
@  traderpusa : (15 January 2020 - 10:09 PM) Hi Singh.
@  Singh : (15 January 2020 - 01:04 PM) Hey T
@  Singh : (15 January 2020 - 01:04 PM) Sup Fellas
@  Tripack : (14 January 2020 - 01:19 PM) Best to throw your question in a thread here http://www.binaryopt...ing-assistance/
@  forza125 : (14 January 2020 - 08:33 AM) ?
@  forza125 : (13 January 2020 - 02:23 PM) can anyone put an alert on a histogram?
@  traderpusa : (08 January 2020 - 02:49 AM) it is.

Photo

Trading Divergences - Extremely Powerful Concept

rsi divergence divergence binary options

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131 replies to this topic

#41 gabim70

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Posted 08 June 2017 - 05:16 AM

fmYGSgt.png



#42 AP51

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Posted 08 June 2017 - 05:27 AM

Is it too far away?
 

Attached Thumbnails

  • EURUSD0608.png


#43 gabim70

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Posted 08 June 2017 - 05:44 AM

 

Is it too far away?

 

It depends on your risk appetite. Personally I would not have taken that trade. I like to take that opportunities that meets almost all the rules.. That trade is not a bad one... If you take a look, you will see that you have a decent retracement before the entry point.. that retrace is telling you that in that move you have buying power also.. and it is a high probability that the price will go up after divergence.  For me, I pay attention especially on that retrace.. if that retrace is weak, it means that is a strong down trend and after divergence, the price will continue down.. and if the retrace is pretty strong (at least 0.5 fib level), that means the trend or the down move is slowing and it is a high chance of a new retracement after divergence. 


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#44 gabim70

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Posted 08 June 2017 - 05:55 AM

 

Is it too far away?

 

 

Let me explain better. 

 

tIT7pGT.png


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#45 AP51

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Posted 08 June 2017 - 06:00 AM

I see.
Detailed explanation Thanks.

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#46 gabim70

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Posted 08 June 2017 - 07:21 AM

m7L5suM.png


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#47 gabim70

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Posted 08 June 2017 - 09:26 AM

asNwXMB.png



#48 merka

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Posted 08 June 2017 - 10:14 AM

asNwXMB.png

What's wrong with an entry candle too big?

Thanks


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#49 baryster

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Posted 08 June 2017 - 10:17 AM

@merka it's possible that the price retraced already too much and you won't get a good price


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#50 bomad

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Posted 08 June 2017 - 11:48 AM

This is a good trade ! 

 

 

Hi gabim70,

 

thank you for a very good reminder of the good old (stable) rsi div trading style !!!

 

Here is a little present for you. I hope MTH2014 and other experienced coder can have a look at it to make it better.

 

Divs with small amount of candles from point to point, like 3 or 5 are mostly not recognized.

 

It needs an overhaulin so to speak. 

 

 

Attached File  rsi_divergence_v2.01_alerts.mq4   12.7KB   312 downloads

 

 

By the way, I never found (even paid ones) a realy, realy good rsi div indi. I guess to make that thing perfect, it is a whole other level of coding...

 

But this one is nice. Enjoy!


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#51 gabim70

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Posted 08 June 2017 - 12:25 PM

Hi gabim70,

 

thank you for a very good reminder of the good old (stable) rsi div trading style !!!

 

Here is a little present for you. I hope MTH2014 and other experienced coder can have a look at it to make it better.

 

Divs with small amount of candles from point to point, like 3 or 5 are mostly not recognized.

 

It needs an overhaulin so to speak. 

 

 

attachicon.gifrsi_divergence_v2.01_alerts.mq4

 

 

By the way, I never found (even paid ones) a realy, realy good rsi div indi. I guess to make that thing perfect, it is a whole other level of coding...

 

But this one is nice. Enjoy!

Thank you very much! 



#52 gabim70

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Posted 08 June 2017 - 12:26 PM

@merka it's possible that the price retraced already too much and you won't get a good price

That is right!


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#53 abolfazl2015

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Posted 08 June 2017 - 03:49 PM

KQZf139.jpg


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#54 baryster

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Posted 08 June 2017 - 04:14 PM

i think that first one is a great setup; instead, in the second setup the retracement is good but it lasts just 8 candles... it's not a "no-no" trade, it can be taken, but maybe a little more risky


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#55 gabim70

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Posted 08 June 2017 - 04:38 PM

i think that first one is a great setup; instead, in the second setup the retracement is good but it lasts just 8 candles... it's not a "no-no" trade, it can be taken, but maybe a little more risky

I agree with you. But on the first setup, the entry candle is very big. It was not the case, but from that point, the price could very easily go down for several candles.. 

 

All we have to do is to test more setups and see what is working and what is not working..  The most important thing is to see the market conditions and trade only when our rules and conditions are met.. we will not trade because we see a divergence! The divergence is telling that is a potential reversal.. but we are the traders that take a decision, not a simple divergence! When we will learn to trade in this way, the things will be in our favor.



#56 gabim70

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Posted 08 June 2017 - 05:01 PM

HaRqOJV.png


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#57 Mowgli

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Posted 09 June 2017 - 06:08 AM

Quite an attractive strategy, easy and simple.

 

First trade, It was risky. 

 

Ignore my different template. Thats my treasure..Cant move out of her. :P

 

gbpusdbo-m1-global-derivative-markets-2.

 

 

 

gbpjpybo-m1-global-derivative-markets.pn

Rife6O7.jpg


  • homero15, merka, ZeusDCS and 2 others like this

----------------------------------------

 

 


#58 KMMFX

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Posted 09 June 2017 - 06:46 AM

How many on day signals we can get ?



#59 gabim70

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Posted 09 June 2017 - 07:48 AM

How many on day signals we can get ?

It depends on the market condition.. There are days when you get 3-5 signals and also days when you get only 1 valid setup per pair. 


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#60 matciao

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Posted 10 June 2017 - 04:55 AM

Hi gabim70,

 

thank you for a very good reminder of the good old (stable) rsi div trading style !!!

 

Here is a little present for you. I hope MTH2014 and other experienced coder can have a look at it to make it better.

 

Divs with small amount of candles from point to point, like 3 or 5 are mostly not recognized.

 

It needs an overhaulin so to speak. 

 

 

attachicon.gifrsi_divergence_v2.01_alerts.mq4

 

 

By the way, I never found (even paid ones) a realy, realy good rsi div indi. I guess to make that thing perfect, it is a whole other level of coding...

 

But this one is nice. Enjoy!

 

 

It would be very useful if RSI divergence can detect only divergences in OB/OS areas... Can someone modify mq4 file? :) 







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