This Forex Divergence Trading System is simple yet powerful. It can be used on H4 or H1 timeframe and even on M15 timeframe. Basically this Forex Divergence Trading System uses MACD, Stochastic and RSI to find divergence and then uses trendlines to make the entry and exit decisions. On H4 timeframe this Divergence Trading System can easily make 200-400 pips per trade while on H1 timeframe this system can make 100-300 pips per trade. These are the rules for this Forex Divergence Trading System:
1. Enter long on a bullish divergence. Continue in the trade as long as their is no bearish divergence.
2. When bearish divergence appears, close the long trade and open a short trade.
3. Continue in this short trade as long as their is no bullish divergence. When a bullish divergence is spotted, close the short trade and open a long trade.
4. Continue in the long trade as long as their is no bearish divergence.
5. When bearish divergence is spotted, close the short trade and open a long trade and so on it continues...
For trade example of this Forex Divergence Trading System on H1 timeframe, click here!
For trade example of this Forex Divergence Trading System on H4 timeframe, click here!
1. Enter long on a bullish divergence. Continue in the trade as long as their is no bearish divergence.
2. When bearish divergence appears, close the long trade and open a short trade.
3. Continue in this short trade as long as their is no bullish divergence. When a bullish divergence is spotted, close the short trade and open a long trade.
4. Continue in the long trade as long as their is no bearish divergence.
5. When bearish divergence is spotted, close the short trade and open a long trade and so on it continues...
For trade example of this Forex Divergence Trading System on H1 timeframe, click here!
For trade example of this Forex Divergence Trading System on H4 timeframe, click here!