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Ummm thanks Ara. I'll try and bumble my way through.
Can you give me a hint on what I put for Issue if I want to use a MACD
4,13,3 as the oscillator to find divergence on ??
Thanks for your help
Martin
Ara Kaloustian wrote:
> 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.
> >
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