Originally Posted by
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isn't divergence crap is the most deceiving unworthy crap in the technical analysis? Am I dumb or wrong: a MACD is a difference of two MAs use 12 26 9 as example some mad ppl points a daily chart, yelling, see, divergence developed more than 3 months, golden chance! Feck me, guy, that current MACD worth is gap of current 12 and 26 MAs. And you compare this to 3 months ago's 26 and 12 days prior MA worth, and you said comparing both of these values give you an edge??? Heck, I don't require a backtest to convince me it's purely crap....