Tag Archives: divergence

  EffortlessAbundance System World Class trading stars   By // worldclasstradingstars.com About : The only indicators I use to trade in this Trading System are two Moving Average Convergence-Divergence (MACD) indicators with different settings. The MACD is both a trend-following and a momentum indicator. It computes the difference of two Exponential Moving Averages (EMAs) and plots the data in a momentum oscillator. Convergence occurs …

Read More »

  The Moving Average Convergence-Divergence, or simply the MACD, is a trend-following momentum indicator. It describes the difference between two Exponential Moving Averages (EMAs). Basically, convergence occurs when the two EMAs are moving closer together as the difference between them gets smaller, while divergence occurs when they are moving apart because the difference between the EMAs is getting larger. The MACD …

Read More »

Confirming The Trend    Here is where we get to the goods, the actual techniques used to trade with the trend. The first question you might have is “do we need a divergence setup to trade with the 21 and 55 EMAs”, and the answer to this is no. We are taking advantage of a trend, so I will show you …

Read More »