Been manually spotting divergences for months but keep missing some decent setups.
Tried a couple free calculators but they either lag too much or give false signals on lower timeframes.
What tools are you guys actually using that work consistently?
Same issue here when I started. Wasted months testing divergence tools - most sucked.
I use a combo now. There’s an MT4 indicator called “Divergence Dashboard” that scans multiple pairs. Catches about 80% of the obvious setups, though it’s not perfect.
I manually verify everything with stochastic and RSI. The dashboard saves time but I never trade off it alone.
Big tip - start with higher timeframes. H1 and H4 divergences are way cleaner with fewer false signals. Once you nail those, M15 gets much easier.
Watch your broker’s spread during setups too. I’ve had great divergence trades destroyed by wide spreads during news.
TradingView’s built-in RSI divergence works well for most setups. Just tweak the pivot settings to cut down on noise.
Most free tools are garbage though. I still spot divergences manually since automated tools miss stuff.
Calculators are useless - they’re all reactive, so you’re always entering trades late. You want to catch divergence as it’s forming, not after it’s already confirmed. I stick with basic RSI and MACD on clean charts. No extra clutter. Set alerts at key support/resistance levels. When price hits those zones, manually check for divergence. Takes 30 seconds and you’ll catch setups as they develop.