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igor,
Sorry, no I don't. Divergence is a loss in momentum and I prefer to
use other indicators to identify the event. You are right about the
peak, trough and zig zag but I don't think that's what is used in the
formula. Those were variable names.
Preston
--- In Metastockusers@xxxxxxxxxxxxxxx, "thefuturemaster"
<thefuturemaster@xxxx> wrote:
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "P Umrysh" <pumrysh@xxxx>
> wrote:
> >
> > Try the freebie
> >
> > http://users.bigpond.com/prominex/MetaStock/Divergence.txt
>
> Thanks al lot for sending this link. Question...do you have any
> experiance with this indicator. The reason I ask this is that I see
> that the indicator uses a peak and trough witch on their term use a
> zig-zag-indicator. Problem can be with peak and trough and zig-zag
> is that signals are not defintive. You can have a signal but 5
> minutes later the signal disapears ...
>
> greetings igor
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