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One method I have found somewhat useful is to put a stochastic on each of
the items you're trying to get the divergence in. If the stochastic on one
of the series is at 100 and the other is at 60, chances are good it's a
divergence.
Kent
-----Original Message-----
From: Gaston Lang <gastonlang@xxxxxxxxxxxxx>
To: Omega-List <omega-list@xxxxxxxxxx>
Date: Saturday, December 18, 1999 1:35 PM
Subject: Divergence
Dear Traders
Wondering if anyone may have the ela code for an indicator that will show
divergence between price and an oscillator or second data stream. I know TS
has one however i have found it to be less than reliable. Thanks in advance
Gaston
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