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Topic: What are the best online resources to learn the divergence strategy? (Read 144 times)

hero member
Activity: 1666
Merit: 629
Actually, the answer is quite simple;

Youtube: Since it is the largest video portal in the world, many economists and analysts share educational videos here. You can improve yourself by finding easy and practical trainings here. You can also get more comfortable education by accessing the training videos in your own language here.
Websites: Various websites publish many articles on these topics. You can learn about various topics by reading these articles. You can also find more comfortable education by finding websites that share articles in your own language.
Social Media: You can find training posts and live broadcast on Twitter and Instagram platforms, you can look at their training.
Forex Trainings: Yes, although it seems unrelated to the crypto industry, you can learn Forex trainings and technical and basic analysis lessons.

All you have to do is do research and find videos, articles and other resources that are told both globally and in your native language.
legendary
Activity: 1806
Merit: 1521
Some details caught my attention:

1- One is Coinigy. It's the second time I heard about this platform and I just checked the homepage. At first glance, it seems more like a way to trade from one place on multiples exchanges. If I'm only beginning day trading and I'm using only one exchange at this time, is there any edge I could get from this platform? ...or should I only look into this when I will be more experienced and want to trade on more than one exchange?

First and foremost, Coinigy is useful for charting smaller altcoin markets. They have APIs for lots of smaller exchanges (Kucoin, Livecoin, Yobit, etc.) and small cap coins, whereas Tradingview only supports the big exchanges like Binance and Poloniex. One drawback is they don't support custom indicators.

Personally I don't see a big need to use their exchange integrations.

2- The second is Forexfactory. This seem to be a excellent community forex traders site with a useful forum. I noticed on the site that there also a sister site called "Crypto Craft" that seems kind of like the same thing but for crypto traders specifically. Are those two sites a major community hub for traders? Are there any other similar sites like those two?

Forexfactory has a long history and is somewhat of a hub. Crypto Craft not so much. It doesn't look particularly active but it might be good to check every so often to gauge trader sentiment.

The most active social/community platforms for crypto traders are Twitter ("Crypto Twitter") and Tradingview, which has a very active cryptocurrency chat room. https://www.tradingview.com/chat/#bitcoin
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
1- One is Coinigy. It's the second time I heard about this platform and I just checked the homepage. At first glance, it seems more like a way to trade from one place on multiples exchanges. If I'm only beginning day trading and I'm using only one exchange at this time, is there any edge I could get from this platform? ...or should I only look into this when I will be more experienced and want to trade on more than one exchange?

So preferred the kind of trading system that Coinigy offer? It's way more advance but no harm if you want to try it now.

For usual trade, I suggest trading at Binance. Then step up to other trading platforms while you are gaining knowledge along the way.

Either way, your plan is good as long as you understand the basics and the risks associated with doing trades.

2- The second is Forexfactory. This seem to be a excellent community forex traders site with a useful forum. I noticed on the site that there also a sister site called "Crypto Craft" that seems kind of like the same thing but for crypto traders specifically. Are those two sites a major community hub for traders? Are there any other similar sites like those two?

Since both platforms are meant for trading discussions, yes that will be a good community to act as your reference especially if you are on Forex.

For crypto, it's up to you where will you get a reference, either CryptoCraft or Bitcointalk.
jr. member
Activity: 42
Merit: 6
Thanks again to everyone that leave me info in this thread regarding divergence. Smiley

I'm gonna check all that this evening or in the following days.

Some details caught my attention:

1- One is Coinigy. It's the second time I heard about this platform and I just checked the homepage. At first glance, it seems more like a way to trade from one place on multiples exchanges. If I'm only beginning day trading and I'm using only one exchange at this time, is there any edge I could get from this platform? ...or should I only look into this when I will be more experienced and want to trade on more than one exchange?

2- The second is Forexfactory. This seem to be a excellent community forex traders site with a useful forum. I noticed on the site that there also a sister site called "Crypto Craft" that seems kind of like the same thing but for crypto traders specifically. Are those two sites a major community hub for traders? Are there any other similar sites like those two?

 
hero member
Activity: 994
Merit: 503



Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

Thank you!
Actually, it's not much different. I used to trade at Forex and crypto at margin trading and the signals seem to be accurate, but the way volatility and timing of volatility are different from each other. The first thing you need to determine is the market that you love and understand it best and learn about it. Then you should visit the Forexfactory, where everyone discusses quite a lot of good trading strategies. More specifically, there are upcoming event schedules. good luck Wink
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag


-snip

I've learned a lot from Udemy courses. Some of them are really good.

Which Udemy course, there are lots of them?

I did try to learn it from forex tutorial and mostly they identify divergence by the two indicators such as RSI and MACD. Tricky kind that you would have to watch them what the other indicator do compare to the other.

This tutorial even includes the Stochastic https://www.slideshare.net/NetpicksTrading/how-to-trade-regular-divergence-with-macd-rsi-stochastics
And here the other with only MACD and RSI https://forexop.com/strategy/divergence-trade/

copper member
Activity: 40
Merit: 3
I would like to learn to trade crypto profitably on the 4 hours and the daily time frames with the divergence strategy. What are the best online resources to do that?

Specific things I'm looking for:

-Good and complete documentation on this strategy and the related concept.

-Informations on how to spot the best token each day to trade with this strategy

-Livestreams or Youtube channels of legit and sucessful divergence traders with good advices.

-The best tools right now to help trading with this strategy

-Maybe some coaching too later if we could agree on a deal that make sense...


Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

Thank you!

I've learned a lot from Udemy courses. Some of them are really good.
legendary
Activity: 1806
Merit: 1521
I would like to learn to trade crypto profitably on the 4 hours and the daily time frames with the divergence strategy. What are the best online resources to do that?

https://www.babypips.com/learn/forex/divergence-trading
https://www.babypips.com/learn/forex/regular-divergence
https://www.babypips.com/learn/forex/hidden-divergence

Informations on how to spot the best token each day to trade with this strategy

I don't know of any stock scanner type software applicable to crypto markets, but the same principles apply if you want to do it manually. Just pull up your chosen indicators (RSI, MACD Histogram, etc.) and flip through crypto pairs on Tradingview or Coinigy until you find some good setups.

Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

No difference at all. TA is more or less universally applicable across all markets, assuming there is sufficient liquidity.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

There are also random tutorials on Youtube about the crypto market. For newbies, it might better if you watch instead.

I see that you are really interested so give it some time. As long as you watch some videos with no money involved like subscription, no worries at all. I will try to give you some direct links once I get home.

Are there any big differences trading with divergence on the forex and the crypto market?

The idea and execution are just the same.

However, crypto is more volatile that's why it needs an extra approach.


It would really be better if you would really watch up some videos about divergence.
https://www.youtube.com/watch?v=JXSJDE3EzN8
https://www.youtube.com/watch?v=3jKHC0NjGaY

This is way more better rather than reading up and its being executed while being instructed.Ive been using this since those forex days but i do agree on that suggestion that it would really need some extra
approach because forex/stocks market is way too different when you are already here on this crypto space.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

There are also random tutorials on Youtube about the crypto market. For newbies, it might better if you watch instead.

I see that you are really interested so give it some time. As long as you watch some videos with no money involved like subscription, no worries at all. I will try to give you some direct links once I get home.

Are there any big differences trading with divergence on the forex and the crypto market?

The idea and execution are just the same.

However, crypto is more volatile that's why it needs an extra approach.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
For now, I only have one bookmark URL that includes divergence strategy on trading crypto.

You can find it under this https://github.com/learn-crypto-trading/learn-crypto-trading.github.io

It's a good source of learning about trading strategy including arbitrage trading.
jr. member
Activity: 42
Merit: 6
I would like to learn to trade crypto profitably on the 4 hours and the daily time frames with the divergence strategy. What are the best online resources to do that?

Specific things I'm looking for:

-Good and complete documentation on this strategy and the related concept.

-Informations on how to spot the best token each day to trade with this strategy

-Livestreams or Youtube channels of legit and sucessful divergence traders with good advices.

-The best tools right now to help trading with this strategy

-Maybe some coaching too later if we could agree on a deal that make sense...


Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

Thank you!
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