Divergence Discretionary System
Divergence Discretionary System is a trading method based on divergence filtered with trend line. We have more divergence indicator. Lead indicator,for this strategy is RSI with trend line.
Trade only in direction of divergence or at the breakout of the trend line on the RSI indicator. The other indicators are used as confirm.
This technique can be used for trading with binary options, or no options.
Time frame 5 min or higher.
Financial market : Forex, Futures, Indicies and commodities.
Expiry time 3 candles.
Metatrader Indicators:
Vline 1.1
Divergence RSI defaul setting,
FX 5 MACD (12, 26, 9).
Stochastic Divergence MTF.
Rules Divergence Discretionary System
The simple method
Buy
the RSI broken up the trend line.
FX 5 MACD crosses upward.
Stochastic crosses upward.
Sell
the RSI broken down the trend line.
FX 5 MACD crosses downward.
Stochastic crosses downward.
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