|
PureBytes Links
Trading Reference Links
|
Dimitris:
Divergence is an important aspect of "reading"
indicators, but it is a poor timing tool.
Bill
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Dimitris
Tsokakis
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Friday, September 28, 2001 3:51
PM
Subject: [amibroker] Intraday Stochastic
Divergence
If you have the way, look at DOW intraday 5 min
or
10 min chart, available for example
at
<A
href="">http://finance.lycos.com/home/livecharts/default.asp?symbols=INDEX:INDU
Dow made 3 successive peaks at 11:30, 13:30,
15:30 at 8830,8850, 8850
but stochastic(14,3) cannot follow with
respective peaks at 100, 80, 70
(10 min chart).
Who can fight a bearish stochastic
divergence?
Perhaps ...the end of the day.
Dimitris TsokakisYour
use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
|