
I used daily divergence strategy in my trading with help of MACD, moving average and two Envelopers. Upper and lower Enveloper is as support or resistance area and moving average 13 is help to find market trend. MACD find the trend of market is bearish or bullish and also show divergence when market make it.
To entry in tarde we must need to know some steps
1) Find a valid divergence
2)Wait for MACD to start moving opposite direction,
3)Adjust developer so that 90 to 95 percent of candle reside within boundaries.
4)Calculate the risk and reward ratio using envelopers
5)Enter position if risk and reward is acceptable.
Comment moderator
- Gamer
- Your request has been rejected