- 1 Post By gambort
Grid trading with Divergence ( RSI Stochastic MACD histogram and more)
In Harmonic Grid Trading System - Directional Profits Robot Trader presented his way of trading divergences combined with grid trading. People liked the approach and forum thread started to grow fast, in the same time the topics discussed drifted from the original ideas presented by ziemo.
Therefore we decided to create this new thread where divergence+grid concepts can be discussed and explored further.
Divergence Grid System
Robot Trader, from Australia, has presented his version of "Divergence trading," combined with a "Grid system."
He has been using it for about two years and estimates that his monthly return is roughly 10%.
I first read about it here: Harmonic Grid Trading System - Directional Profits
I am a complete "newbie," demo-trading for 7 months, and was intrigued by the simplicity of his system and by the very conservative nature of his system.
I began implementing it three (3) days ago and have had very good results.
See attached pics of a couple entries.
I may be making mistakes, as I am the pupil, but, so far, so good!
I'm sure RT will correct me as we proceed.
Last edited by gambort; 11-15-2012 at 09:46 AM.
Reason: add link
Closed AUDCAD with nice profit; still riding AUDUSD.
New Divergence Trade
Originally Posted by gambort
Thought you might like to see my latest Divergence trade: see chart attached.