I have used a variety of indicators over the last few months, been deciding which to use for divergence.
At the moment I'm using:
1)8 lwma on 1hr, 15 min and 5 min. In addition 21 lwma on 15 min chart as a trend guide. If you have good angle and separation and enter on good candles in direction of trend that's not a bad general idea to follow.
2)CCI 14 on all time frames for divergence. This is for 2b trades and 5 min higher lows/lower highs that follow the divergence.
3)I have added a market profile indicator that gives the highest volume area for each day. They offer surprisingly good support and resistance areas.
The strategy using 5 min hl/lh's and 2b's remains the same.
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