Thanks! I use the template in my cell using MT4 and i think its the same to MT5. Just add the OBV indicator and the EMA's to price and to OBV window. Should work!

Smart Volume Divergence!

Hi! Thanks for the reply. In reallity this kind of signal is what someone suggest some post ago as a hidden divergence, but as I see its not a so good signal, because indicate that the volume in the retrace was big. In this example it work out, but ...

Smart Volume Divergence!

Hi Mt.Trader123! What you are using to decide the take profit? Just a fix Risk:Reward?

Smart Volume Divergence!

Yes, just like that! You will notice that sometimes only the OBV show the divergence and its enough to a good trade, and some times only A/D show the divergence and its also good for a trade. But when the two agree its a really good setup. note: The ...

Smart Volume Divergence!

Here in Brazil I use not a Forex broker, but a broker that operates only in Brazilian Stock Exchange and they provide MT5 as a options to trade and with real volume data. So if you want real volume with the usa stocks you will need to open a account ...

Smart Volume Divergence!

It would be Great!

Smart Volume Divergence!

IMPORTANT NOTES: 1) As I said in the beggining, this system is best design to work in a enviroment where we can get real data volume, like stocks and future markets, because it have OBV as main indicator, and anyone that knows how OBV works will now ...

Smart Volume Divergence!

Just add some discretion with this type of divergence. In reality the normal signal its a kind of Hidden divergence in a sense that it sign the continuation of the trend as a normal hidden divergence like the RSI one do.

Smart Volume Divergence!

Hello. I'm on a course at a farm and unfortunately I can not operate normally these weeks. I'm just following the Brazilian index a little while I can, but next month I'm going to operate the Forex market again in full mode. But I'll post an example ...

Smart Volume Divergence!

Really Nice Work Carl! I think it's a good thing to look the charts with our own eyes after the alert of the indicator. Because we can in a glance see if its a valid setup and many times we can use a good Candle Pattern to enter the trade before the ...

Smart Volume Divergence!

I notice that show RSI in the dashboard inputs. But I think its OBV in the data just in the description is RSI, and I usually use the exponencial moving average, and the dashboard came with simple in the inputs and this can show some setups that ...

Smart Volume Divergence!

Many thanks for your time Carl! I'll check the dashboard. Looks very promising.

Smart Volume Divergence!

Hi! I use the renko in brazilian stock future index, because I can get a real volume data. In Forex I use most in 5min and 15min. But if I see a good setup in 1hour and 4 hour its nice too.

Smart Volume Divergence!

what T.F. os thos trade: It's from today?

Smart Volume Divergence!

Yes! Its a trend continuation! We use the divergence with OBV to see if the retrace is only a retrace or its a turn in the market direction. Usually if the moviment of OBV doesnt folow the movement in the chart, we get a high probability that the ...

Smart Volume Divergence!

The one that came with Meta trader. Just change the color to "none" and put the EMAs using the OBV data.

Smart Volume Divergence!

Just attach to first post! Thanks!

Smart Volume Divergence!

I see you are using a Smothed HeikenAshi. I use the standart Heiken Ashi. But if the green line in the OBV doesnt cross the 21 ema, you can search for a BUY!

Smart Volume Divergence!

you are welcome!

Smart Volume Divergence!

Thanks for the reply! Yes! Its a great setup. And with renko charts and real volume the signals are stronger!

Smart Volume Divergence!