Re: Divergence anyone?

["F Robert Simms" <fsimms@xxxxxxx>]

I sent this message this morning, but I guess my gif files were too big.
Here it is again.

This is one way to do it in Metastock:

{Buy}
CMF(opt1)<0
AND
Ref(LLV(C,opt2),-1)>C
AND
Ref(LLV(CMF(opt1),opt2),-1)<CMF(opt1)

{Short}
CMF(opt1)>0
AND
Ref(HHV(C,opt2),-1)<C
AND
Ref(HHV(CMF(opt1),opt2),-1)>CMF(opt1)

This is a chart of the EMINI with Opt1 = 15 and Opt2 = 4. You can use
any indicator in a similar manner:

http://www.ghg.net/fsimms/CMF%20Divergences(15,4)%20ES.GIF


You can also make divergence experts:

http://www.ghg.net/fsimms/Divergence%20Expert.GIF

The symbols are shown below:

http://www.ghg.net/fsimms/Expert%20Symbols.GIF

Enjoy,
Bob




----- Original Message -----
From: "Gerald Novak" <gnovak@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, February 12, 2002 6:31 AM
Subject: Divergence anyone?


> I've looked through various references and have been trying to find a
method
> of using divergence in an Exploration. UAs far as I can tell, it looks at
> the slope of the oscillator and the slope of the price.
>
> Is there any way to do this in MetaStock?
>