Re: how to code the divergence

[Abhijit Dey <omegalist@xxxxxxxxxx>]

Go become a member of group "HD_RDforDummies" at groups.yahoo.com. Then 
download DIVERGENCEINDICATORS.ELA from "Files > Other Day Trading Files 
> Tradestation" under the files section.

This code is good enough.. or modify at will.

HTH - Abhijit


Carl A. Schreiber wrote:

> Hi everyboday,
>
> I need some ideas about how to program a divergence between quotes and 
> indicators: how would you do that? 
> It is so simple, if you look at the chart, but how would you mathematically 
> select the 'very important points' (vip ;-) for the liniear regression to get 
> the slope? Then you can just multiply them and you'll get either 
> 	result < 0 (=Divergence) or 
> 	result > 0 (no Divergence).
>
> Or can you recommand to use all ne values of both quotes and indicator?
>
> Any idea is appreciated.
>
> I thank you all very much in advance,
> Carl 
>