Thks guys, some ppl have asked about shop's zero lag indie, the bad news is I cannot remember where I found it so best guess is a google search with zero lag macd and shop attached.
Truth is divergence relies not so much on the indicator, so try out rsi or cci or std macd - anything that is looking at momentum - you are looking to find where price is being moved in the wrong direction, often for orders.
So, since this forum has gone kinda quiet, which is how most us old timers like it, I think I'll start a wee (little) thread on the indexes (indices for the Latin purists)
I'm told that most learner traders head for FX, apparently it's way much easier.
So on the new thread, I will call it SPXGears, there will be no fundamentals concerning the likely scenario for UK economy and taking into account, at the same time, the problems facing the US whilst trying to place a trade on where Gbp/Usd is headed.
No, this will be much more difficult, I will try to figure whether risk is on, off or being decided....
Edit: btw, will be in the dark side of the chart, so sometimes right, sometimes wrong.