Hi L33thal, firstly, its got nothing to do with the fine Wyckoff...

  1. 22,593 Posts.
    Hi L33thal, firstly, its got nothing to do with the fine Wyckoff education that Jako is providing on this thread. It's simply a custom made divergence indicator that's made up of a blend of leading divergence/s with a few extras treats thrown in. I mostly use it on a short timeframe which can sometimes pick up on any potential short reversals. These reversals will always be missed on anyone that's using a lagging/trending indicator (MACD, TRI, ADM, TII etc) which are useless in sideways or trading range action. During these periods of sideways/confused action the lagging indicator will throw off multiple false signals which of course is a waste of your time.
 
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