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Hope you are all in fine spirit !
I would be very grateful for any suggestions with regards to writing an Exploration to detect a "divergence" between the closing price graphs and the "overbought/oversold" indicator. I have the formula for a simple OB/OS graph and have successfully plotted it in AB...I have seen many divergences between the "close" and "OB/OS" graphs. The ones I'm interested in, would bethe most recent divergences in let's say the last 60 days....when the OB/OS is making new "highs" opposed to the "close" making new "lows" and visa versa...I want their names in the exploration output ....I suspect this has something to do with maybe "trend" detection" or something...I'm not that very familiar with AFL, but I'm convinced there is a method to accomplish this....I promise to share my millions with you all... :)
Kind regards and happy trading !
Louw Coetzer
( Made in South Africa, where crime pay's )
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<DIV><FONT face=Arial><STRONG>Dear Group !</STRONG></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial>Hope you are all in fine spirit !</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV align=justify><FONT face=Arial>I would be very grateful for any suggestions
with regards to writing an Exploration to detect a "divergence" between the
closing price graphs and the "overbought/oversold" indicator. I have the
formula for a simple OB/OS graph and have successfully plotted it in AB...Ihave
seen many divergences between the "close" and "OB/OS" graphs. The ones I'm
interested in, would be the most recent divergences in let's say the last 60
days....when the OB/OS is making new "highs" opposed to the "close" making new
"lows" and visa versa...I want their names in the exploration output ....I
suspect this has something to do with maybe "trend" detection" or
something...I'm not that very familiar with AFL, but I'm convinced there isa
method to accomplish this<FONT size=2>....<EM>I promise to share my millions
with you all... :)</EM></FONT></FONT></DIV>
<DIV align=justify> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial>Kind regards and happy trading !</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial>Louw Coetzer</FONT></DIV>
<DIV><FONT face=Arial size=1><STRONG><EM>( Made in South Africa, where crime
pay's )</EM></STRONG></FONT></DIV></BODY></HTML>
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