MAYA_MUMBAI
Education

A study on Divergence !

NSE:SUNTV   SUN TV NETWORK LTD
Price action always gives up to date information. The interpretation of price is an art and not an easy task.

Adding a method to support one’s strategy, and an analysis which has more predictive value, could be very useful.

A proper divergence is only present when the histograms indicating momentum have retraced back to the zero line.

Two subsequent lows or highs where the histograms have not returned to the zero line are not proper divergences. These are sometimes called bad divergences.

Often enough if a trader would zoom in 1-time frame a proper divergence would become noticeable there.

Comments

This is not the way to calculate or visualize the divergence , its completely wrong , and misinterpretation , A Divergence is difference between range & time , and it is counted between A single pulse , a start of pulse in the trend with multiple pulse resulting impulse leg or Motive leg and calculation is read form the start of it to end of its pulsing , the difference between them is divergence , where either time factor will lag or price factor will lag , if time factor lags then price factor will mislead the information & if price factor lags then the time factor has to complete to end the divergence before resuming new direction or continuation
+1 Reply
MAYA_MUMBAI I-Fund-Trader
@I-Fund-Trader,

if u can share a chart where your method of divergence is posted ; you are free to share , so that the viewers will know the correct way of plotting !
Reply
I-Fund-Trader MAYA_MUMBAI
@MAYA_MUMBAI, There are some instances that one must not share the Knowledge at large audience unless the larger participants are in same level of understanding , and here there is large divergence in each & individual level of understanding , its better you or any one who are interested in knowing the system to get more insightful knowledge , can approach the same source where you or anyone is getting these information currently , Since its best advised that Financial markets involved in high level of risk so one must undergo for Complete training under any Qualified trainer where every one will get the answer for the Questions arise in their trading of financial instruments
Reply
MAYA_MUMBAI I-Fund-Trader
@I-Fund-Trader,

thanks for sharing your views!

I agree to the point that there has to be financial training and you have to be educated enough to understand the various tools in it !

But once you are trained ; you should think beyond trading !!

& trading view is a good platform to share your level of knowledge .

In my last post , i had said not to short nifty , when every one in tradingview was shouting to short the markt

i guess -- if i must have helped even 1 person , i would be happy .
+1 Reply
I-Fund-Trader MAYA_MUMBAI
@MAYA_MUMBAI, Concept of social Site is being social , it does not mean anyone who presents their view has to happen , its an social participation, any set up sell or buy comes with rules , rules which are formed with some technical or fundamental understandings , they just dont form because there is huge bias , The one who doent know the rules will be looking all over the place , but the one who knows the action of his or her during involving the rule based system weather its finance or any business activity it has to give results based on the pre-determination of rules based risk involved in it ,
Reply
MAYA_MUMBAI I-Fund-Trader
@I-Fund-Trader,

All warfare is based on Deception !

& Business is war !

Business @ the highest level is Deception !
Reply
I-Fund-Trader MAYA_MUMBAI
@MAYA_MUMBAI, Seems You have Grate Knowledge of Business Philosophy , Thanks Good luck
+1 Reply
MAYA_MUMBAI I-Fund-Trader
@I-Fund-Trader,

No my Dear , Not as much as you know ,

But i Know one thing

None of the so called experts have been accurate 100 %

and market i consider to be the supreme to all !!!

Jai hind !!

Reply
Shalu_18 MAYA_MUMBAI
@MAYA_MUMBAI,

What a philosophy
Reply
@manthan0001

Hello

I prefer public chat rather
Reply
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