I am using intellicharts and they do not have OsMA or the force index. I am working on creating OsMA myself. The problem would be force index. You need volume for the formula and intellicharts do not have volume. Any sugestions on that?

Divergence trading

If you are only trade one pair i imagine you do not get to many trades using this particular method. Do you use other strategies? Thanks for all the info! Sergiu

Divergence trading

Hi cobra! I am using the four hour chart when looking for divergence trades as well. First I can not be in front of the computer all day so a longer time frame is better for that reason. And second the divergence seems to be more reliable there. I ...

Divergence trading

Interesting observation! — That's an interesting point! I am a begginer trader too even though i am not using MA for my trading. I trade primarily based on MACD divergence. I guess the reason why begginers rely mostly on MA is because of the ...

What strategy do experience traders use?

Makes sence!

Backtest results!

I thought about it. The back test was just to give me a general idea as to whether the system would have any potential. I also think that manual testing has its pitfalls. If you see that a trade that one might have taken would have been a looser one ...

Backtest results!

Thank you for your coments! — Hi firehorse! 1. I have accounted for the spread. I used FXCM’s spread even though I am using oanda for my trading (the spread is even tighter). Since I am using oanda the rounding and minimum lot size should not ...

Backtest results!