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Re: Divergence conversion



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Well, it doesn't actually draw TLs after the fact. I've been watching it 
in real time and it draws a TL on the completion of the divergence     
(allowing for the number of bars either side) so it's quite tradable, I 
think.

Sorting out the "rest" of the system is, of course, another matter but 
B&S signals would be a good start for me. I will, of course, share any 
system or code I may devise as a result of this with anyone who helps. 
Not that that should be anyone's main motivation (:-).

I'm just not familiar enough with the TL bits to be able to insert 
correct B&S signals and was hoping for a little assistance...

Ian

> > Gosh, is this so difficult?
> 
> Yes. This thing looks back in history and draws trendlines after the
> fact. Most likely, by the time it draws a trendline, it's too late to
> trade. I suppose, if one had enough interest, he could spend the
> (considerable) time to trouble shoot it and figure out how to make 
> some
> sort of system out of it. Whether it would be a profitable system is
> another matter. Good luck finding that "someone." :-)
> 
> -- 
>   Dennis
> 
>