I only trade CLASSIC divergences. I wait for the indicator to signal classic divergences, MACD histogram changes color, stop loss under low or high, 2:1 risk vs. reward. That’s it.
Download the divergence indicator – backtest & practice.
I used this to backtest it: https://soft4fx.com/software/forex-simulator.php
If you want to get serious about trading divergences then buy the PZ indicator. It is WAY better with more options. You will earn your money back on this one.
I am using it and getting seriously good results trading daily and 4 hour charts. I don’t go under that timeframe.
This trading style works, thank me and Buy me a coffee. Do this and I will make more videos to make you money.