// 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




PS : Stochastic Divergence TrendLine here

http://www.traderslaboratory.com/forums/f46/stochastic-divergence-trendline-7244.html

[Tams]

Originally Posted by ClocharT »

Hi Tams. I'm not a "divergence guru" and I still have to learn a lot about this. But in my divergences I see a little market reverse, not big but almost similar to those related to the blue lines which are automatically displayed by the indicator. I used it with default values:

FastLength: 12
SlowLength: 26
Length: 20
LeftStrength: 3
RightStrength: 3

Anyway, does anybody use this indicator with the same values cited above? Or has made some changes to the code?

Cheers

looks like the indicator is more intelligent than your "eye ball"...
I would not call those "little market reverse". May retrace, but definitely not reverse.
as far as the code's algorithm is concerned, it has "rejected" those incidences as "divergences".

[aaa]

Ciao clochardo

I found two divergences not displayed by the indicator

Algo is similar in both indic
So we should have same divergences
Have U tweaked both with same values ?
Is anyone else have found this prblem ?

Do I have to use it in a different type of char? (i.e. 5 min chart)

it should work in all resolution

I'd like to use it even in a tick chart but it doesn't look good.

What do U mean ?
Like divergences everywhere ?

I'm not a "divergence guru" and I still have to learn a lot about this.

Hope these charts helps U 2 B a future "Divergence Guru" ;=)








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I would not call those "little market reverse". May retrace, but definitely not reverse.
as far as the code's algorithm is concerned, it has "rejected" those incidences as "divergences".

Hi Tams

Something like this Tams ?

Please, click on div ori 2.jpg 2 see high resolution graph)



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Best rgds 2 both of U

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[edi025]

has anyone these indicators also for Ninja Trader?

MACD DIVERGENCE TRENDLINE

Thanks