In the past have found the Fourier indi somewhere and recoded it, added my own way for cycles recognition. I am not sharing this one.
Agreed! very good confirmation technique.
any MACD indicator will be good enough. Default settings are fine for me.
sure, create a proper thread in the Indicators section and post it there. It may be useful for some people. thanks.
Just saw your request for divergence indicator information. I find the RSI is very good, but the secret is to use two of them in the same indicator window. Set one to high and the other to low, both period of 4, and give them different colours.
Use the low RSI to look for bullish divergence (where you are looking at the price lows and a potential long trade) and the RSI high for looking at price highs divergence for a potential short trade.
This allows you to spot many more instances of divergence than just one RSI set to close.