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Reversal / divergence indicator

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Philip Mullins
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Philip Mullins 2014.09.25 02:04 

HI everyone,

I'm trying to develop a system on the daily or 4HR timeframe which enters on a reversal of price i.e. basically looking for the start of a new short-term (or long-term :>) trend.

I've been testing a combination of RSI, RSI divergence, stochastic and stochastic divergence signals but nothing has really appeared to be consistently accurate. Obviously I don't expect it to be 100% accurate but I'm hoping that someone has some ideas on an indicator, or combination of indicators, which have worked for them in the context of identifying reversals?

 Thanks!

Phil 

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