Big Mike's Trading Forum
 

Go Back   Big Mike's Trading Forum

> Trading Forums > Traders Hideout


Notices
     

Playing Divergence with a Triangle
Started:February 1st, 2012 (09:01 AM) by aligator Views / Replies:1,851 / 22
Last Reply:February 5th, 2012 (12:51 AM) Attachments:4

Welcome to Big Mike's Trading Forum.

Welcome, Guest!

This forum was established to help traders by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

BMT is fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 4  
 
Thread Tools Search this Thread

Playing Divergence with a Triangle

Old February 2nd, 2012, 07:04 PM   #11 (permalink)
Elite Member
fairfax, va
 
Trading Experience: Intermediate
Platform: ninja
Favorite Instrument: ES
 
cory's Avatar
 
Posts: 3,951 since Jun 2009
Thanks: 467 given, 4,124 received


madLyfe View Post
you know that all of this is just regular divergence.. and that double triangle thing you put up is a regular triple divergence.. just draw a line across the tops of price and the indicator peaks.. dont need the extra two lines for the triangles..

ya but no fun in that.

Reply With Quote
     
The following user says Thank You to cory for this post:
     

Old February 2nd, 2012, 10:40 PM   #12 (permalink)
Market Wizard
Honolulu, Hawaii
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Instrument: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,748 received


cory View Post
ya but no fun in that.

"But wait, there is more...."

"If you buy two divergences, for the price of one, you will get a free trade! That's right! A free trade!"

Reply With Quote
     
The following user says Thank You to bluemele for this post:
     

Old February 3rd, 2012, 06:08 PM   #13 (permalink)
Market Wizard
Las Vegas, NV
 
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Instrument: Futures
 
aligator's Avatar
 
Posts: 3,195 since Aug 2010
Thanks: 1,000 given, 5,273 received
Forum Reputation: Legendary



trendisyourfriend View Post
This indicator you are using seems to be quite reactive to small swings. What is it called ? And what's your settings if it is available to all ? Thanks

@trendisyourfriend,

Thanks. The indicator can be almost any standard oscillator or momentum indicator, but the concept is the same. Sorry, but this indicator is not available.

Reply With Quote
     

Old February 3rd, 2012, 06:24 PM   #14 (permalink)
Market Wizard
Las Vegas, NV
 
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Instrument: Futures
 
aligator's Avatar
 
Posts: 3,195 since Aug 2010
Thanks: 1,000 given, 5,273 received
Forum Reputation: Legendary


TheSeeker View Post
Looks like an extended divergence.

Thanks for comment. But, not quite the same. The Apex of a triangle must be on a lower high or a higher low. An extended divergence will be on top of a W or bottom of an M and there is no requirement for the location of the apexes.

I you notice in the chart attach in post#6 there is an extended divergence near the end of the chart but it is not a double triangle divergence. There is no point for the apen to form.

Cheers!

Reply With Quote
     

Old February 3rd, 2012, 06:30 PM   #15 (permalink)
Market Wizard
Las Vegas, NV
 
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Instrument: Futures
 
aligator's Avatar
 
Posts: 3,195 since Aug 2010
Thanks: 1,000 given, 5,273 received
Forum Reputation: Legendary


madLyfe View Post
you know that all of this is just regular divergence.. and that double triangle thing you put up is a regular triple divergence.. just draw a line across the tops of price and the indicator peaks.. dont need the extra two lines for the triangles..

Thanks, but not true @madLyfe. Please read every word on the chart attached to post #6. A regular divergence has no requirement for where the Apex of the triangle forms, it can be on a simple notch or V.

Attached Thumbnails
Playing Divergence with a Triangle-6e-03-12-medianrenko-6-ticks-1_29_2012-modified.png  

Last edited by aligator; February 3rd, 2012 at 07:33 PM.
Reply With Quote
     
The following user says Thank You to aligator for this post:
     

Old February 3rd, 2012, 11:13 PM   #16 (permalink)
Market Wizard
Honolulu, Hawaii
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Instrument: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,748 received


bluemele View Post
"But wait, there is more...."

"If you buy two divergences, for the price of one, you will get a free trade! That's right! A free trade!"

I guess you didn't like my comment. I thought it was supposed to be funny...


aligator View Post
@trendisyourfriend,

Thanks. The indicator can be almost any standard oscillator or momentum indicator, but the concept is the same. Sorry, but this indicator is not available.

If you don't share the indicator, than what is the point of this post/thread?

Why not share it? Just curious, your free to do whatever, but curious why you posted the thread. I agree that the more divergence you have the higher % of success, but curious to hear more.

Reply With Quote
     
The following user says Thank You to bluemele for this post:
     

Old February 4th, 2012, 01:44 PM   #17 (permalink)
Market Wizard
Las Vegas, NV
 
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Instrument: Futures
 
aligator's Avatar
 
Posts: 3,195 since Aug 2010
Thanks: 1,000 given, 5,273 received
Forum Reputation: Legendary


bluemele View Post
I guess you didn't like my comment. I thought it was supposed to be funny...

If you don't share the indicator, than what is the point of this post/thread?

Why not share it? Just curious, your free to do whatever, but curious why you posted the thread.

@bluemele;

Thanks, your joke was funny, I am still rolling

As for this indicator, I am not at liberty to share, but I have shared many indicators when I could. However, as I said before you can use almost any of the momentum oscillators to get similar results.

I am sharing an idea that works and is free. The point of the post is to be curious enough about the merit of the concept and use it if you find it to your liking, instead of my posting intent.

p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available free to others on BMT", regardless of his unselfish contributions.

Cheers!


Last edited by aligator; February 4th, 2012 at 02:22 PM.
Reply With Quote
     
The following user says Thank You to aligator for this post:
     

Old February 4th, 2012, 01:57 PM   #18 (permalink)
Elite Member
Des Moines, Iowa
 
Trading Experience: Intermediate
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Instrument: 6E, TF
 
madLyfe's Avatar
 
Posts: 1,222 since Feb 2011
Thanks: 4,937 given, 685 received


aligator View Post
@bluemele;

Thanks, your joke was funny, I am still rolling

As for this indicator, I am not at liberty to share, but I have shared many indicators when I could. However, as I said before you can use almost any of the momentum oscillators to get similar results.

I am sharing an idea that works and is free. The point of the post is to be curious enough about the merit of the concept and use it if you find it to your liking, instead of my posting intent.

p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available to others on BMT", regardless of his unselfish contributions.

Cheers!

i dont want it, but it does kinda seem silly not to even share a name.. but im also just stirring the fire..

Reply With Quote
     

Old February 4th, 2012, 02:00 PM   #19 (permalink)
Market Wizard
Las Vegas, NV
 
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Instrument: Futures
 
aligator's Avatar
 
Posts: 3,195 since Aug 2010
Thanks: 1,000 given, 5,273 received
Forum Reputation: Legendary


madLyfe View Post
i dont want it, but it does kinda seem silly not to even share a name.. but im also just stirring the fire..

You are welcomed! Name is Pulse Rate

Reply With Quote
     
The following user says Thank You to aligator for this post:
     

Old February 4th, 2012, 02:03 PM   #20 (permalink)
Elite Member
Quebec
 
Trading Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Optimus/Rithmic
Favorite Instrument: ES, NQ
 
trendisyourfriend's Avatar
 
Posts: 3,083 since Oct 2009
Thanks: 2,241 given, 3,298 received



aligator
...
p.s. I think the next question that will be asked is "why @Fat Tails posts his free trading ideas using his Alphabar charts not available to others on BMT", regardless of his unselfish contributions.

Regarding Fat Tails's Alphabar , you can ask him for a trial version or better buy it for a very low price considering the time he put into it. So you can not really say it is not available to others on BMT. Back to the webinar

Reply With Quote
     

Reply



Tags
alpha, bars, bot, ces, chart, charts, demo, direction, divergence, es, for sale, free, high, indicator, indicators, line, low, macd, momentum, on_balance_volume, oscillator, price, project, question, rules, settings, simple, small, swing, thank you, time, trade, trading, webinar
     

Big Mike's Trading Forum > Trading Forums > Traders Hideout > Playing Divergence with a Triangle

Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Triangle Breakout in Uptrend Saroj Traders Hideout 1 June 9th, 2012 03:15 AM
Banks start playing games with your money kbit News and Current Events 0 January 14th, 2012 09:00 AM
Lizard playing video game Big Mike Off-Topic 2 December 18th, 2011 10:06 PM
A few companies I am playing with Gary Stocks and ETFs Trading 8 October 13th, 2011 04:16 PM
Setup I have been playing around with suchen Traders Hideout 9 July 2nd, 2009 11:05 PM


All times are GMT -4. The time now is 08:06 PM.

Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Copyright © 2014 by Big Mike Trading. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2014-04-24 in 0.14 seconds with 20 queries on atlantis via your IP 23.21.23.126