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thanks walterw, i like it on my charts, quick & clean divergences.
did you also notice that it has a slight upward bias? at least it looks like this from the up & down distribution of the indicator.
did some searching through the code, but nothing suspicious found ;-))
cheers,
cosmic |
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most volume based oscillators have more + presence, thats why + or - its not the issue as the divergences you can capitalize on... watch for strong momentum conditions may get tricky... works very good on cycle days... cheers Walter.