Results 1 to 8 of 8
  1. #1
    Legendry Member Okane's Avatar

    Convergence Of Indicators !!!

    What Is A Convergence Of Indicators

    Convergence Of Indicators in Binary Options is a way of getting the
    extra confirmation you need before taking your next trade!
    Find out how you can discover the convergence of indicators
    and even your own hand-drawn lines by analyzing multiple timeframes.
    The more of your indicators that converge, the chance for the
    expected market condition increases.



    *PS. Want to talk divergence? Go to this thread:
    "Divergence-The-Flip-Side-Of-Technical-Analysis"
    Last edited by Okane; 06-05-2016 at 02:20 PM.
    Live Webinar: Hidden Content
    Join My Skype Group: Hidden Content

  2. #2
    Legendry Member milos's Avatar
    I have been used overbought/oversold zone by MACD while I didn't use Stochastic. I'll use in the future.

  3. #3
    Legendry Member Michael Hodges's Avatar
    too true... the more signals you can find that agree, the better chances of making a winning trade.

  4. #4
    Specialist Member Million Dollar Baby's Avatar
    I like, and do, multi-timeframe analysis but convergence of indicators is something I never liked even though I agree (because it seems logical) that with more indicators in favor of your trade increases chances of success.
    One of the main reasons why I do not like convergence of indicators is 'why it sucks' section in your article. Instead I have always used custom trendlines.

    But if a trader trades based on techincal indicators then Convergence of indicators is one of the best ways to increase success rate.

  5. #5
    Legendry Member Michael Hodges's Avatar
    the thing to remember is that convergence of indicators can be used in multiple time frames, but also with multiple indicators. I use 3-4 indicators, if all 4 agree the signal is real real good. If only one or two agree the signal is much weaker.

  6. #6
    Active Member SunnySihota's Avatar
    Not sure if its related or not but ive found divergence to be a great indication of changes in direction

    (sorry to hijack the thread)
    Last edited by SunnySihota; 06-05-2016 at 11:52 AM.

  7. #7
    Legendry Member Okane's Avatar
    Quote Originally Posted by SunnySihota View Post
    Not sure if its related or not but ive found divergence to be a great indication of changes in direction

    (sorry to hijack the thread)
    Was going to respond here but then realized we already
    have a thread about divergence so let's continue the discussion
    about divergence there and let this thread remain devoted to convergence.

    Here it is and I just left a reply there for everyone and you Sunny:

    Discuss Divergence in this thread
    Live Webinar: Hidden Content
    Join My Skype Group: Hidden Content

  8. #8
    Active Member SunnySihota's Avatar
    Nice one Okane ill take a look.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3