RSI hidden divergence and EMA200

RSI hidden divergence and EMA200

Postby ProFXer » Wed Jan 20, 2021 12:44 am

Hello,

I came through a nice strategy that seems promising. I wonder if some fellow thought of or tried automating it.

It is described in the following video
https://www.youtube.com/watch?v=aXYKy_2BXK8

It is based on spotting hidden divergence on RSI relative to the EMA200. Its aimed at trend trading.

I suggest changing the settings of the MACD to 5,34,5 to get earlier entry signal.

Regards.
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RSI hidden divergence and EMA200

Postby BostonEJ » Wed Jan 20, 2021 9:11 pm

Hidden divergence is the same as entering pullbacks during any strong trend. If you're in a strong trend, price is naturally going to point in one direction and the shorter term indicator is going to swing in the opposite direction in a pullback.

His last comment of "put in the work and don't be lazy" is the most important indicator. I am only now finally trying to get away from randomly throwing indicators on a screen to give the signal I want. In reality that only works for that one trade but not necessarily for any others in the future.

EJ
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RSI hidden divergence and EMA200

Postby SteveHopwood » Wed Jan 20, 2021 9:58 pm

I have no interest here. I am merely posting to attract any of The Brains of SHF who might have anything to say.


:xm: :rocket:
Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

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RSI hidden divergence and EMA200

Postby SteveHopwood » Fri Jan 22, 2021 12:15 am

I tried to watch the video and lost interest about 3 minutes in. It is the usual bollocks. Looking back in time to cherry pick an ideal representation of the guy's trading system. I could do this 10 times a day. So could many of us here. I assume he is trying to sell something - don't know as I run an ad blocker and so never see the associated ads that come with this sort of thread.

Forget it, OP. It is rubbish. For sure, you will not persuade any of the sensible coders here to write an EA.

:xm: :rocket:
Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected]il.com is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Tommaso (milanese) for all the incredible work he does here.
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Location: Misterton - an insignificant village in England. Very pleasant to live in.


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