Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Search the Community

Showing results for tags 'divergence'.

More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Welcome to Traders Laboratory
    • Beginners Forum
    • General Trading
    • Traders Log
    • General Discussion
    • Announcements and Support
  • The Markets
    • Market News & Analysis
    • E-mini Futures
    • Forex
    • Futures
    • Stocks
    • Options
    • Spread Betting & CFDs
  • Technical Topics
    • Technical Analysis
    • Automated Trading
    • Coding Forum
    • Swing Trading and Position Trading
    • Market Profile
    • The Wyckoff Forum
    • Volume Spread Analysis
    • The Candlestick Corner
    • Market Internals
    • Day Trading and Scalping
    • Risk & Money Management
    • Trading Psychology
  • Trading Resources
    • Trading Indicators
    • Brokers and Data Feeds
    • Trading Products and Services
    • Tools of the Trade
    • The Marketplace
    • Commercial Content
    • Listings and Reviews
    • Trading Dictionary
    • Trading Articles


There are no results to display.


  • Articles

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



First Name

Last Name









How did you find out about TradersLaboratory?


Favorite Markets

Trading Years

Trading Platform


Found 7 results

  1. // RSI Divergence TrendLine // Author: MARKPLEX Code Divergence // http://markplex.com/tutorial4.php // version: 1.0 // Author: aaa // version: 2.0 // Date: 20100501 // added: // divergence on top + // Line.Color.Top + Line.Color.Bot + Line.Size + Plot.RSI in inputs // Author: aaa // version: 2.01 // Date: 20100515 // added: // Alert + Line.Offset in inputs *********************** MACD Divergence TrendLine Here http://www.traderslaboratory.com/forums/f46/macd-divergence-trendline-7845.html MACD Divergence TrendLine Indicator (Only 4 Multicharts) Here http://www.traderslaboratory.com/forums/f46/macd-divergence-trendline-7845.html#post95841 ********************* Sto Divergence TrendLine Here http://www.traderslaboratory.com/forums/f46/stochastic-divergence-trendline-7244.html ********************** Nota Bene RSI Divergence TrendLine Indicator.pla works ONLY with Multicharts RSI DIVERGENCE TRENDLINE.ELD RSI Divergence TrendLine.pla RSI Divergence TrendLine.txt RSI Divergence TrendLine Indicator.pla
  2. With that descending trend line holding on Fri. we see some Positive Divergence occurring on the Oscillators and RSI. Watch for price action reversal and a break of the resistance for an interim move upwards. http://bit.ly/Pzj46r
  3. DeMark Oscillator DeMark_Oscillator_(MultiCharts).pla DeMark_Oscillator.txt
  4. Hi, This follows from the RS- Internal thread. I have been able to code the classic divergences to a satisfactory level without a future looking formula. The peculiarity of this method is that it detects a divergence before the second consecutive peak/trough actually occurs on chart (anticipatory discovery). This eliminates the huge lag in decision making caused by waiting to confirm the second peak/trough. See this chart: Most codes that I've seen around either use a future looking formula like zig-zag and/or wait for the confirmation of second peak/trough. By the time the second consecutive pivot is confirmed, market has already moved away by few bars. In V-shaped pivots, the move is already over if one goes by the traditional way of comparing two peaks on prices vs. an oscillator. More charts: BTW, the 'advanced' word in title is more of a cliche; the strategy is actually basic (conceptual); i.e. mark opportunity when a stock seems to move lower while it's internal relative strength actually increases. I will be calling some signals live in this thread, so it will also serve the purpose of a journal, to improve the strategy.
  5. // Author: aaa // from: MARKPLEX Code Divergence // http://markplex.com/tutorial4.php // version: 1.0 // Date: 20100501 // added: // divergence on top + // Line.Color.Top + Line.Color.Bot + Line.Size + Plot.MACD in inputs [/url] PS : Stochastic Divergence TrendLine here http://www.traderslaboratory.com/forums/f46/stochastic-divergence-trendline-7244.html MACD DIVERGENCE TRENDLINE.ELD MACD Divergence TrendLines.pla MACD Divergence TrendLine.txt
  6. Hi! I have found a very nice and supporting indicator for MetaTrader. If anyone can convert the indi to work in Global Zen Trader platform (the platform allows import of easylanguage and C# code). The indi detects traditional divergence of price and RSI indicator and plots an arrow in the indicator window and also sets a sound alert. The indicator also detects hidden divergences. Please have a look at the indicator and see how it works. Personally I use it to time position in the trend direction after a pullback. Sincerely Adam RSI_Divergence_v2.mq4
  7. Price action always rules, but this gives a good glimpse into the health of the markets IMO. So we already know nothing but price action is always 100% correct, otherwise we'd all be rich. But if you look at UVOL/DVOL expansion or contraction in relation to each other you can often get clues on which is the right side of a trade. Background weakness/divergence combined with a crossover can be a VERY powerful tool, as can just a simple crossover though often to a lesser extent. Notice Thursday, wicked divergence, basically hidden selling. So you have UVOL smashing DVOL all day but most the day was consolidation. And it ended with a surge of UVOL but very light price action. I'd like to have more a discussion on this and have it centralized, so though I've posted these charts before on other threads, at Walt's suggestion I'm making it a dedicated thread and have brought in my prior charts.
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.