mdaprasad
6 posts
msg #101771
- Ignore mdaprasad |
7/22/2011 12:05:21 PM
I am trying to generate what is explained in http://www.babypips.com/school/regular-divergence.html. If any one already have a script please let me know.
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four
5,087 posts
msg #101787
- Ignore four
modified |
7/23/2011 1:00:59 PM
perhaps ... use slope
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TheRumpledOne
6,411 posts
msg #101819
- Ignore TheRumpledOne
modified |
7/26/2011 1:56:03 PM
I think I posted some RSI divergence filters years ago.
TheRumpledOne
6,001 posts
msg #100140
- Edit message
modified 4/6/2011 2:11:54 AM
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mdaprasad
6 posts
msg #101840
- Ignore mdaprasad |
7/27/2011 10:16:27 AM
Thanks guys...I will look into this.
My main goal is to combine Acceleration bands and MACD divergences both are leading indicators.
Thanks
Prasad
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Eman93
4,750 posts
msg #101903
- Ignore Eman93 |
8/1/2011 7:17:29 AM
dont want to burst you bubble but no such thing as a leading indicator. they all follow price and volume of some type. they do let you sort stocks into candidates for trading, overbought - oversold. ... ect
The Williams(2) will sometimes turn up before you get an up day. but you will see a longer tail on that candle.
GLT.....
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Eman93
4,750 posts
msg #101913
- Ignore Eman93 |
8/1/2011 3:26:17 PM
I would say a MACD divergence is indicating a slow down in the momentum in that direction bear or bull. but not allways a trend change.
the hard thing about coding this i you cant really store a price point and compare it to yesterdays price. You can trick it a bit but still not right.
You want to store the low of the day when the MACD histo made its 30 week low. for example then you want low today to be less than that price but the MACD histo to be higher ... for bull divergence. not possible here. wont store the low of that day.
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