5 Min Gold (XAUUSD) Divergence Strategy | Page 9 | Metals Mine

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5 Min Gold (XAUUSD) Divergence Strategy

  • #161
  • May 28, 2014 10:16am May 28, 2014 10:16am
Quoting amirrh
{quote} why you include CCI14 ??? Also, what is the indicator you use ART?could you please explain about it? thanks
I use CCI 14 for other pairs on 15M or higher time frames. You can say its is additional tool I use for divergence.

It is just simple indicator tell about daily average rang in number. There are lot of ATR indicators just google it .
  • #162
  • May 29, 2014 5:27am May 29, 2014 5:27am
What will happen with Gold

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  • #163
  • May 30, 2014 5:41am May 30, 2014 5:41am
Stop loss move to BE, close half position lets see where it will go now.
missied two trades today on same chart.
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  • #164
  • Jun 4, 2014 3:50am Jun 4, 2014 3:50am
I regularly use 5 min divergence, one of my favourite set ups. Keep it up!
  • #165
  • Jun 4, 2014 11:21am Jun 4, 2014 11:21am
Quoting hg2014
I regularly use 5 min divergence, one of my favourite set ups. Keep it up!
:: everything is awesome ::
  • #166
  • Jun 5, 2014 7:09am Jun 5, 2014 7:09am
Great thread can I use this on gold futures as well. Thanks for the good info. Pquirst
  • #167
  • Jun 6, 2014 12:43pm Jun 6, 2014 12:43pm
Took 2 trades netting +60 pips on Gold long and M5 Div

Used CCI too in case TDI was is not totally clear about the divergence

Another profitable week trading this strategy
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I Have Learned to Take Some Losses to Make Profits
  • #168
  • Jun 6, 2014 12:51pm Jun 6, 2014 12:51pm
Quoting TheScorpS
Took 2 trades netting +60 pips on Gold long and M5 Div Used CCI too in case TDI was is not totally clear about the divergence Another profitable week trading this strategy {image}
Great
  • #169
  • Jun 6, 2014 10:46pm Jun 6, 2014 10:46pm
Quoting TheScorpS
Took 2 trades netting +60 pips on Gold long and M5 Div Used CCI too in case TDI was is not totally clear about the divergence Another profitable week trading this strategy {image}
Hey dude,
Thank you for sharing.
could you explain more your CCI use? what TDI means?

We should complete this strategy by approving TP and SL rules for it.
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  • #170
  • Edited 9:17pm Jun 7, 2014 1:10pm | Edited 9:17pm
Quoting amirrh
{quote} Hey dude, Thank you for sharing. could you explain more your CCI use? what TDI means? We should complete this strategy by approving TP and SL rules for it. {image}
If you want to learn about TDI, I have been using TDI strategy for almost 1 and half years, in that time I spent many hours studying TDI movements and back testing price action along with TDI, by the way TDI is an RSI 13 , it needs lot of understanding in order to be able to take trades based on that and price action, but using TDI with this strategy can be easy

On TDI theres MBL which is Market Base Line, this is very important, on lower time frame ie M5 , when MBL is at Over Sold or Over bought and Divergence prints there, this can be a very good signal to take trade or when MBL is at the 50 line of TDI its also can be a good signal to take trades if Divergence occurs, you see lots of details and many more, these are beyond the scope of this thread, you can go to Trading Made Simple and study there if you like to learn about TDI

Then I saw rozeweb post using CCI and also I happen to heard about that CCI is good for divergence , so I added that to my platform for further studying until now I am not sure if I will incorporate this indicator in my trading or I will just relay on TDI, but so far it shows that it can be of help with TDI

Heres EUR/AUD example , in this case MBL at over sold area took off the market upside signalling long trade
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #171
  • Aug 18, 2014 12:25am Aug 18, 2014 12:25am
Quoting rozeweb
This is very very Important Divergence " Double Top " or " Double Bottom " You can earn many pips from this type of divergence . Here is the example of double Top . MACD shows Divergence to down and after that Market went short. {image} Here is the example of double Bottom . MACD shows Divergence to up and after that Market went long. {image}
hello, ur divergent seem very good. i have one question, when i look at the chart which one should i follow regular divergent or hidden divergent ?
  • #172
  • Jul 5, 2015 8:22pm Jul 5, 2015 8:22pm
WHAT HAPPENED?? WHERE DID EVERYONE GO?? This system crash and burn?? Raise the time frame on this system and it is probably as good as any. Anyone out there with lots of experience here care to comment?? JJ
  • #173
  • Feb 15, 2016 4:23pm Feb 15, 2016 4:23pm
Quoting JumpJack
WHAT HAPPENED?? WHERE DID EVERYONE GO?? This system crash and burn?? Raise the time frame on this system and it is probably as good as any. Anyone out there with lots of experience here care to comment?? JJ
Hi JumpJack, I was out of country busy in some other businesses, Forex is my part time job. Unfortunately I couldn't continue my trading. I have real estate business so sometimes it is very difficult to manage all these things. Now I am going to start my blog in forex.

90% People are failed in forex so thats why they leave trading and forex forums as well. Forexfactory has tons of posts and some traders move to other threads.
  • #174
  • Feb 27, 2016 7:11am Feb 27, 2016 7:11am
It's good to hear you again.
Looing to see you again in action.
Best of luck (y)
  • #175
  • Mar 16, 2016 7:11am Mar 16, 2016 7:11am
Quoting rozeweb
{quote} Hi JumpJack, I was out of country busy in some other businesses, Forex is my part time job. Unfortunately I couldn't continue my trading. I have real estate business so sometimes it is very difficult to manage all these things. Now I am going to start my blog in forex. 90% People are failed in forex so thats why they leave trading and forex forums as well. Forexfactory has tons of posts and some traders move to other threads.
I want trade on gold more confident and kind of interest in your strategy way... So could you please give a link on your new blog to make possible still following you.
  • #176
  • May 5, 2019 2:52pm May 5, 2019 2:52pm
Hi guys,
this seems amazing for gold trade.
can we use this indicator in phone?
  • #177
  • Last Post: Jun 3, 2019 10:55pm Jun 3, 2019 10:55pm
interesting strategy
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