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In Tomasz's MACD Commentary file, he uses the following Trough call
out:
"\nDivergence\n";
temp = Trough(LOW, 2, 1) < 0.96 * Ref( Trough(LOW, 2, 1), -1) AND
ValueWhen(
Trough(LOW, 2, 1) != Ref( Trough(LOW, 2, 1), -1 ), MACD(), 1 ) >=
0.90 *
ValueWhen( Trough( LOW, 2, 1) != Ref( Trough( LOW, 2, 1), -1 ), MACD
(), 2 ) AND
MACD() < 0;
I don't really understand the second parameter, the "change" portion
of the function. Can someone give me a quick heads up on how it is
used? TIA.
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