NQoos divergence trading method
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Philosophy

"Works for me." -NQoos

Method

  • Chart setup uses constant tic charts, mainly 170tic and 28tic, with a 7/28 oscillator and 21/4/7 stochastic, superimposed (see chart examples below).
  • Regular divergence alerts to possible reversals, hidden divergence signals continuation entries.
  • Entries are on anticipation of 7/28 oscillator crossover above/below zero.
  • Initial position is 2 contracts.
  • Initial stop-loss is 5 points.
  • Take off one unit at 5 points profit, trail stop on remainder using 5 point chandelier stop or trailing stop indicator.

Resources:

  • Chart setup instructions for Ensign and Tradestation are posted below with the charts
  • NQoos has been spending lots of time helping people understand his methods and trading in general in the voice chat
  • The collection of annotated charts below explains a lot
  • Chart templates for EnsignSoftware and Tradestation
  • Quite a few of the chatroom participants have become familiar with this method and answer questions
  • Discussion thread at the Yahoo group called e-mini_traders_anon has a lot of Q&A about this method. Please review previous answers there and post new questions so that NQoos can answer to the group and avoid answering the same questions over again.
  • This section is still under development, so check back and more resources will be available soon

Charts and Files:



  • Warning: This information is posted for its educational value only. Historical results can not been fully backtested or evaluated. Trading rules may be subject to interpretation, and will change from time to time. Planned risk levels may be exceeded drastically in extreme market conditions that are not uncommon. Use the ideas and/or modify them to suit your style, but only at your own risk.

  • ©The material contained on this page is copyrighted by NQoos and may not be resold.