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Alex,
Here is the explorer formula for RSI divergence, taken from expert
advisor - equis rsi:
If( (RSI(14) >= HHV(RSI(14),14) AND CLOSE < HHV(CLOSE,14)) OR (CLOSE
<= LLV(CLOSE,14) AND RSI(14) > LLV(RSI(14),14)),
1, {bullish divergence}
If( (CLOSE >= HHV(CLOSE,14) AND RSI(14) < HHV(RSI(14),14)) OR (RSI
(14) <= LLV(RSI(14),14) AND CLOSE > LLV(CLOSE,14)),
-1, {bearish divergence}
0 {not diverging} ) )
As said by pumrysh before, one day or two signal may mean nothing in
trending market, but constant divergence for many days (as you can
see in the "Inspect" button) could really mean something.
--- In equismetastock@xxxxxxxxxxxxxxx, Alex Tan <bt_alex_tty@xxxx>
wrote:
> Folks,
>
> Can we search via stock exploration for divergence in
> MACD Histogram, Stochastic or Stoch momentum index or
> Force Index in Metastock's explorer?
>
> I have not seen any formulas on the website for these
> kind of explorations. Has anyone seen this or have
> used it before?
>
> Alex
>
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