Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Custom Indicators
  3. MT4 / MT5 Indicators
  4. Find Divergent With Stochastic

Find Divergent With Stochastic

Discussion started on MT4 / MT5 Indicators

Print
Pages: [1] 2   Go Down

KazumiFx

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Apart from providing overbought and oversold information, stochastic can also be used to look for bullish divergence and bearish divergence. The method is similar to finding a divergence pattern on CCI.


Find Divergent With Stochastic in MT4 / MT5 Indicators_IMG-20190210-152048
Stochastic bullish divergence
The above is an example of bullish divergence obtained using stochastic on the AUD / USD chart. Bullish divergence will get confirmation when stochastic rises beyond the level of 50.
Find Divergent With Stochastic in MT4 / MT5 Indicators_IMG-20190210-152111
Stochastic bearish divergence
Above this is an example of bearish divergence seen in the AUD / USD chart using stochastic. The bearish divergence confirmation is when stochastic drops past the 50 level.
How, it's quite simple right? All you need to do now is multiply the exercise by observing stochastic.



Linkback: https://www.forex.zone/mt4-mt5-indicators/8/find-divergent-with-stochastic/1223/
#1 - February 10, 2019, 08:25:43 AM
« Last Edit: July 16, 2024, 07:44:13 PM by Admin »

farisfx

  • Full Member
  • Posts: 146
  • Points: 0
  • Likes Received: 13
  • Reputation: +0/-0
good evening, friend, a very good technique, friend, I have permission to study it.
#2 - February 10, 2019, 08:30:11 AM
« Last Edit: July 17, 2019, 01:02:39 AM by Admin »

Mohamad Saiful w

  • Full Member
  • Posts: 114
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-80
Quote from: farisfx on February 10, 2019, 08:30:11 AM
good evening, friend, a very good technique, friend, I have permission to study it
It seems very difficult, I have tried it and I still don't understand.  
#3 - February 10, 2019, 08:49:03 AM

farisfx

  • Full Member
  • Posts: 146
  • Points: 0
  • Likes Received: 13
  • Reputation: +0/-0
Quote from: Mohamad Saiful w on February 10, 2019, 08:49:03 AM
It seems very difficult, I have tried it and I still don't understand. 

try to understand and research again so you understand.
#4 - February 10, 2019, 09:03:04 AM

Mohamad Saiful w

  • Full Member
  • Posts: 114
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-80
Quote from: farisfx on February 10, 2019, 09:03:04 AM
try to understand and research again so you understand.
Sir, are you from Indonesia? Can I send a private message to you to ask this?
#5 - February 10, 2019, 09:05:17 AM

MangAtep

  • Newbie
  • Posts: 14
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Quote from: Mohamad Saiful w on February 10, 2019, 08:49:03 AM
It seems very difficult, I have tried it and I still don't understand. 
there is very easy bro.. The price make higher high but the indicator make higher low. There is a different movement between price and indicator. That we call a divergence pattern. In normal condition, if the price moving up the indicator moving up too. but what happen if the price moving up but the indicator moving down? 
#6 - February 10, 2019, 06:50:15 PM

Somoyo

  • Jr. Member
  • Posts: 69
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
This is a very good technique ... if I want to join, I will learn more ...:-*;D
#7 - February 11, 2019, 05:54:57 AM

Qidarul

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
what's the difference between divergence and convergence? So I'm confused, how come the divergent formations are converging, how come the same? Please enlighten me, bro. I'm also exploring this technique. Thank's
#8 - February 11, 2019, 07:30:59 AM
« Last Edit: July 17, 2019, 01:03:08 AM by Admin »

zhamal andreal

  • Full Member
  • Posts: 206
  • Points: 0
  • Likes Received: 18
  • Reputation: +0/-0
very good technical in analyzing a market, I will try to use it, and hope you help me in analyzing it, but whether technical ii is more about swing trade or scalping ?
#9 - February 11, 2019, 10:11:27 AM
« Last Edit: July 17, 2019, 01:03:19 AM by Admin »

sri_yuliati

  • Newbie
  • Posts: 36
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
good night sir..
are you have a pdf file to explain that system.?
i interesting with that system
#10 - February 11, 2019, 02:28:34 PM

harizona

  • Jr. Member
  • Posts: 56
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0

good night sir admin, let me learn this technique, thanks zone
#11 - February 11, 2019, 04:45:44 PM

KazumiFx

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Quote from: farisfx on February 10, 2019, 08:30:11 AM
good evening, friend, a very good technique, friend, I have permission to study it
Hi farisfx,
Good morning and how are you today? Perhaps you will be fine. Thank you for a coming in my thread. Of course you can studying about my technique. Keep spirit and happy trading.
#12 - February 15, 2019, 01:25:43 AM

KazumiFx

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Quote from: Mohamad Saiful w on February 10, 2019, 08:49:03 AM
It seems very difficult, I have tried it and I still don't understand. 
Everything is very difficult if you don't understand. Please learning step by step and practice continously. Keep spirit and happy trading.
#13 - February 15, 2019, 01:30:28 AM

KazumiFx

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Quote from: farisfx on February 10, 2019, 09:03:04 AM
try to understand and research again so you understand.
Yes, i agree with you. We must learn and practice some technical analysis continuosly if we want to be a trader profesional.
#14 - February 15, 2019, 01:33:01 AM

KazumiFx

  • Jr. Member
  • Posts: 50
  • Points: 0
  • Likes Received: 9
  • Reputation: +0/-0
Quote from: MangAtep on February 10, 2019, 06:50:15 PM
there is very easy bro.. The price make higher high but the indicator make higher low. There is a different movement between price and indicator. That we call a divergence pattern. In normal condition, if the price moving up the indicator moving up too. but what happen if the price moving up but the indicator moving down?
Indeed, the indicator often goes down but the candlestick moves up. Because basically the indicator itself moves it to follow the candlestick. This often happens especially in large time frames. Because the trend itself between small and large time frames is not the same. So I think it's better to focus on one time frame. follow where the candlestick moves.
#15 - February 15, 2019, 01:40:28 AM
Print
Pages: [1] 2   Go Up
  1. Forex Zone - Forex Forum
  2. Custom Indicators
  3. MT4 / MT5 Indicators
  4. Find Divergent With Stochastic

Members:

0 Members and 1 Guest are viewing this topic.


Find Divergent With Stochastic in MT4 / MT5 Indicators_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: