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Personally I think MACD divergences on the oversold ( Buy ) side are
pretty good but not on the overbought ( Sell ) side. On the buy in
most cases they are at worst low risk and can be significantly
better then that.
--- In amibroker@xxxxxxxxxxxxxxx, "Pal Anand" <palsanand@xxxx> wrote:
>
> I meant effect in the sense, indications on the direction of the
> price. In the case of divergences, in my experience, it has no
> reliable indication.
> --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> >
> > No technical indicator has any affect on price.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Pal Anand" <palsanand@xxxx>
> wrote:
> > >
> > > I don't think divergences has any real effect on the price.
It's
> > > like eating candy before dying of old age and saying that the
> candy
> > > caused the death.
> > >
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Thomas Zmuck" <tzg@xxxx>
wrote:
> > > > Hello Alex,
> > > >
> > > >
> > > >
> > > > i am not sure but take a search for RSI divergence. I
thought
> > that
> > > someone
> > > > has written such a formula.
> > > >
> > > >
> > > >
> > > > Best regards
> > > >
> > > >
> > > >
> > > > Thomas Zmuck
> > > >
> > > > www.tradingbasis.com
> > > >
> > > > _____
> > > >
> > > > From: alex huynh [mailto:ahuynh7@x...]
> > > > Sent: Tuesday, February 08, 2005 5:41 AM
> > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > Subject: [amibroker] MACD Divergence
> > > >
> > > >
> > > >
> > > > Anyone has MACD divergence like to share? I have searched
AFL
> > > library and
> > > > found "Divergence indicator" and tried modify but
unsucceed. I
> > am
> > > looking
> > > > for MACD divergence not MACD histogram divergence. Thanks in
> > > advance!
> > > >
> > > >
> > > >
> > > > Alex
> > > >
> > > > _____
> > > >
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