SLOPE DIVERGENCE examples
back to Divergence Bullish
Slope Divergence Bearish Slope Divergence
There are lots of reasons other than divergence to consider a trade.
Divergence is a good additional reason to enter a trade. When there is a large
visible disparity in the slopes between price/indicator I call this slope
divergence. How much disparity. Screen time will allow you to format an opinion.
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144 tick chart from 022802 Indicator used MACD 3/10/1.
The entries here were combination of divergence and MACD crossing zero
line and/or trend line break.
Trades 4 and 7 are
examples of what I refer to as Bullish Slope
Divergence since price is projected to rally. Both the
slope of line comparing similar peaks and troughs slope up or higher
lows on both, pointing the direction that price moves.
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Trade 1 is example of Bearish Slope Divergence between slope of
price and slope of Tick. Both slope up but the rate of ascent is very
step compared to slope on tick which is almost flat. This type of
divergence I do not trade often only because it is not on my mind.
Probably a result of not doing much after trading hour screen time
looking for it and charting examples. This has been my process and best
way to learn and condition my brain to see it fast realtime. |
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miracles,
they are everywhere.............. 