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Divergence Rules

• Divergence signals in a higher timeframe are going to indicate a larger move in price.
• Once divergence is detected in a higher timeframe, one should drop down to a lower timeframe, in order to execute a better entry point with less risk.
• When you draw a trendline above or below MACD to denote the divergence (i.e., connecting the waves), the length of that line should match the length of the trendline drawn on price (i.e., connecting the lower lows or higher highs to confirm divergence).
• In some circles, an entry signal is generated when MACD crosses the zero line. However, this is not cast in stone, and is just one more thing to consider. In actual fact, good trading signals are generated both below and above that line – so this is not a hard and fast rule.
• When divergence in a higher timeframe causes price to reverse in the other direction, then have a look at MACD in the lower timeframe(s) for clues. Sometimes, you will see the exact opposite divergence setting up yet another move in the original direction. For example, if negative divergence on the one hour chart caused price to correct downwards, and then price went sideways, a look at the 15 minute and five minute charts might reveal positive divergence forming at those lower levels – setting up yet another upward move.

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