Trading System H4 Divergence

betaTr4der

Newbie
Jul 21, 2015
1
0
2
Hi,
I'm still seeking for the perfect trading system...
today I want to suggest a simple strategy based on indicators divergence.

[H4 Divergence]

#Currency
Any

#Timeframe
H4

#Indicators
CCI (14)
Momentum (14)
RSI (14)

#Trading Conditions
Look for any divergence on chart and monitoring situation...

#BUY
Minimum trading conditions:

-Divergence on 2 of 3 indicator
-CCI ≥ -100
-RSI ≥ 30

#SELL
Minimum trading conditions:

-Divergence on 2 of 3 indicator
-CCI ≤ 100
-RSI ≤ 70

#Entry Point
To identify an entry-point you can look at H1 chart instead of H4, using MTF indicators and setting Timeframe on 240.
Enter after H1 candle close.

#Stop Loss, Trailing Stop and Take Profit
Do what you want

EXAMPLE

EURUSDH4.png



I appreciate any suggestion.

Thanks.
 

Zuki

Trader
Jul 28, 2021
52
0
22
37
You can add weekly and month pivot point levels . Plus add demand and supply zones.

Since divergence would issue for low and high of the week . Or hidden Divergence for continuation of the H4 trend .



I use divergence in my trading. With fractal, pivot points , trendlines, fibonacci, Demand and Supply zones base on engulfing pattern and zigzag formula indicator that identify peaks .

This giving me 80% accuracy winrate

On H4 tf you would get divergence between R1 and R2 if strong momentum then R2/R3 . Or if we at the month pivot point levels.

H1 would show the pattern .
 
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