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Oscillator = MACD(4,13);
Issue = Oscillator;
Middle = 0;
Code does not look at the MACD signal line.
Ara
----- Original Message -----
From: "Martin Cooney" <martin@xxxxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Thursday, December 01, 2005 1:13 AM
Subject: Re: [amibroker] New File Uploaded - Divergence
> 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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