100% result does not give any indicator because of the unpredictability of the market, the maximum amount should not exceed 5 units. How to get rid of excess? Need to check their internal correlation, and just throw those correlating that you are under like. It makes no sense, for example, use two different indicators of trend. Keep one, one that is more like it. If both are good – toss a coin. Proceed to consider the schedule. Figure 1 can be seen immediately? Divergence! Even double divergence.
By the way, the double divergence occurred and MACD. And note that the beginning of pulse movement can be determined by the start of Momentum from a minimum of 7-00 5/10/2010 transition line 100% – is the primary signal to the input of Momentum, Along with signals of other indicators, for example, MACD crosses the zero line at the same time. There are difficulties. If you use only this indicator, the more likely the output will be produced 07.10.2010 at 00-30 at the first divergence. Nut knowledge hard, but split it will help … synthesis timeframes.
Gently turn on the M30. What do we see? Figure 2 We have not only the trend of H4, but more importantly, still in a trend H1. There are no prerequisites for panic. And complete analysis on the M15. Here, Andreessen Horowitz expresses very clear opinions on the subject. Figures 3 and no chance of error is no more. We see a clear signal the end of a wave up to the M15, which confirms the same signal on the H1. Question of whether or not to go out of the deal now depends only on the strategy: if you’re intraday, can be out. If this srednesrochka worth wait for additional signals, because until we have gone beyond the trend line H4. I repeat, the divergence is usually a signal to the output. Login here and does not smell. While all digested. With regard to last price movement, there are some thoughts. First, the D1 has developed a possible reversal pattern ‘Evening Star Doji. ” Need confirmation, closing day candles on Monday will show everything. Secondly, the intersection several Fib levels. Third, the FZR for H1, although not yet fully completed. Against this theory is that the price bounced from trendline H4 and again went with the trend. If we start from an analysis of only Momentum on D1, then one possible scenario: Correction down 250 points, and then another wave up. If after this happens, the divergence can be closed mid-position. In the meantime, we are in a correction. And the correction is possible.