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Martin
This code will plot divergence lines on the oscillator (MACD, RSI or
Stochastic).
You need to set the parameters so you get desired performance.
Plotting the lines on price is certainly possible, but not part of this
code.
Read the PDF file for parameter settings and description of various
patterns. Description is pretty complete.
----- Original Message -----
From: "Martin Cooney" <martin@xxxxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Wednesday, November 30, 2005 7:01 PM
Subject: Re: [amibroker] New File Uploaded - Divergence
> Hi All,
>
> This looks like a really interesting piece of code though currently a
> bit over my head.
>
> I was wondering whether anyone would mind giving me some assistance in
> utilising this to plot divergence lines on both price chart and/or MACD
> indicator i.e. as price moves up, MACD shows divergence down, draw line
> on chart (and maybe issue an alert). Obviously visa versa applies, price
> down, MACD up.
>
> Is this what is possible using this fine piece of code ?
>
> Any help would be great
> Cheers
> Martin
>
>
> Ara Kaloustian wrote:
> > I uploaded a file on divergence, into 3rd party area. If you find it
> > improves your trading or backtestes, please post how you use it to your
> > benefit
> >
> > File Name: OscDivergence.ZIP
> >
> > Ara
>
>
>
> Please note that this group is for discussion between users only.
>
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
>
> For other support material please check also:
> http://www.amibroker.com/support.html
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
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