Can anyone tell me how convergences and divergences work as indicators, and can they be used to trade profitably? The main thing I wondered what to use as entry and exit signals after a convergence or divergence.
They are not leading edge, and therefore are not applicable to leading edge type of trading. They may have other uses, but what these are I have yet to discover. Perhaps someone is willing to enlighten me on the subject at the same time. Thanks.
