I seemed for divergence indiors and found this one called rsx nrp reg histo_mtf divergence nmc attached under. I place it on chart, default preferences. Then put MA angle alert, too below on chart to determine the fad. I set it to SMMA, and interval 50.
Entrance is,
when SMMA turns bull, look at 1min chart, and wait for RSX displays buy signal(upward arrow). SL is 7(including disperse ) then make profit is 40.
If SMMA turns bear, look at 1min chart and wait for RSX shows sell sign (down arrow). TP and SL is the same.
I seemed at chart from mid october 2014 and it seems to make good profit.
But from the end of oct or to beginning of november, it makes a lot of SL since on 30min chart, it is a little range market and makes a lot of stop losses.
However, expect that moment, it seems to make good profits. I know it's very straightforward but I just don't understand how to add more filters to this.
Take a look at it, I think you might like the result you visit while it makes good profit. . I like this divergence indior because I will set small stop loss and set big take profit.
I think that it can make around 200pips a month or longer, but I want help to make it work when it is in range market.
Expect some people here can get inspiration or something from this.
Your feedback is greatly appreciated! Thank you.
Merry Christmas.
https://www.nigeriaforextrading.com/...1112384224.mq4
https://www.nigeriaforextrading.com/...1309945196.mq4