Platinum has got bullish HD in Daily, Trade zone in H2 and trade setup is found in M10. Entry @ 869.5, Tgt - 875.6, SL - 865 could be a trade plan.

Hidden divergence

Cool, nice filter.

Hidden divergence

Made a note of it. Thanks

Hidden divergence

I read this in one MACD book. "Enter short if MACD has crossed below zero within the last five bars. Otherwise, wait for the next MACD signal. Similarly for bullish crossover." Do you apply this? For understanding, is it stating that entry to be ...

Hidden divergence

Drilldown technique: (identifying the tradezone in higher timeframe and drill down into lower timeframe for entry) a) Is there a ratio timeframe we need to use for identifying trade zone after identifying trend in a HTF? b) can it be embedded into a ...

Hidden divergence

Point taken. I think, trade needs prudent profit booking / taking SL hit as the trend could possibly reverse in the next trend leg.

Hidden divergence

One of the interesting aspects on relation between HD & Classical divergence got a mention in Martin Pring book. HD often warns of impending trend pullback/reversal. (Refer Martin Pring in his book "Market Momentum" under section "Advance Breakdowns ...

Hidden divergence

Yes, I can trade both sides but was lost on directional bias. If you have taken both sides in the past, was there any false breakout move issues? Earlier, I used to enter based on trend line break on price closing outside the trendline. However, ...

Hidden divergence

Similar to above post, "Nifty IT" index has got regular/classical divergence in Daily and hidden divergence in H4. I avoided taking a trade in either direction due to conflict. Please share your thoughts of approaching this scenario.

Hidden divergence

GBPAUD in Daily is in bullish trend. Bullish HD noted in H4 but also bearish HD is noted in H1. Also, both divergence are not between immediate highs/lows but one preceding before. Should we avoid trading during such situation as we don't know which ...

Hidden divergence

Well said. Got it. Thanks

Hidden divergence

When evaluating HD, usage of immediate previous high/low in price as well as indicator is what I have done so far. Do you use one or two previous highs/lows although the immediate one does not create HD? In addition to entry methods we have ...

Hidden divergence

Thanks Chamane for your support as always.

Hidden divergence

Attached is the screenshot of US30 (DJI) index. Hidden divergence in H1, Trade Zone identified in M15 and entry was looked in M5. Once the first entry is made and trade is closed in M5, how should the second entry be made when MACD line does not ...

Hidden divergence

Thanks. I drilled down to M5 in EURGBP and saw a signal (first yellow arrow in your screenshot). Entry would have been at the break of low of that candle (0.85392), SL - 0.8550. The trade got stopped. Subsequent to this trade, there was no trading ...

Hidden divergence

EURGBP had bearish HD in H4. MACD entered the trading zone crossing below zero by just one bar and went up. Entry in M5 would have been stopped out. Do you use any filter in H1 for this scenario?

Hidden divergence

Lovely

Hidden divergence

I found three entries in the M5 chart (MACD crosses above 0) and marked them in blue. I would have gone long when the high of the marked candles are broken and SL will be pivot low. Among the three entries, only one seem to be a winner. Do you see ...

Hidden divergence

Thanks Thejube for your feedback.

Hidden divergence

Based on Chamane system, I attempted HD bullish trade execution in GBPCHF in demo. D, H4 & H1 are in uptrend. HD bullish divergence noted in H4 (refer I vertical line). MACD crossing zero noted in H1 (refer II vertical line) and entry is in M15 @ ...

Hidden divergence