Trading Divergences using Stochastic Oscillator

[timepass]

Maruti fut 3 min : Is this what you would call Harmony/Convergence/Continuation ??

 

[timepass]

Rcom Fut 3 min : this is a divergence.

 

[vagar11]

I use stochastics with a default period of 14. What period are you using timepass?

 

[timepass]

I use stochastics with a default period of 14. What period are you using timepass?

%K is 5, average is 3

 

[vagar11]

 

[vagar11]

%K is 5, average is 3

Can you please try with %k =14. The oscillator is moving very rapidly with %k=5.

 

[mohan.sic]

these not not divergences..

are you trading stoc.. signal line cross over..

 

[vagar11]

these not not divergences..

are you trading stoc.. signal line cross over..

I have never said the above as Divergence. I was naming it as "convergence". You came and corrected it. Later, I named it as "harmony".

That's why I wanted to assign that a name to avoid the confusion. Now, you will say your thread title is misleading.

Please go through the rules in the this post http://www.traderji.com/technical-analysis/101704-trading-divergences-using-stochastic-oscillator.html#post1153464.

Please get over the name and just concentrate on methodology here.

 

[timepass]

Here's Rcom 5 min with 20SMA and stoch (%K=14, avg = 8). Looks about the same as yours.

 

[vagar11]

Trades with daily timeframe on BHEL