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i will come to your rescue - don't waste your [ time ]. hidden meaning in
there.
----- Original Message -----
From: "Thomas J. Festa" <festat@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, July 28, 2007 2:58 PM
Subject: Looking for Trough Divergences
I've been trying to work on this function rewrite in TS2000i. It
verifies but I don't think it's working, think there is obviously
something wrong with the logic. I posted the original function to the
list and have been working on this rewrite so to make it easier to
understand.
Please help somebody.
Thanks,
==========================================================
{ TroughDivergence Function - created by Thomas J, Festa, CMT Copyright
c 2007 }
Inputs: SwingStrength(NumericSimple), SwingLgth(NumericSimple),
OSC(NumericSeries);
Vars: OscPrice(0), HighestOsc(0), IndicatorPrice(0), LowestOsc(0),
PivotLow(0), LowPrice(0), HighestLow(0), LowestLow(0);
Value1 = SwingLow(1, Low, SwingStrength, SwingLgth);
If Value1 <> -1 then begin
LowPrice = PivotLow;
PivotLow = Value1;
IndicatorPrice = OscPrice;
OscPrice = OSC[SwingStrength];
HighestLow = Value2;
LowestLow = Value3;
Value2 = Highest(Low, SwingLgth);
Value3 = Lowest(Low, SwingLgth);
HighestOsc = Value4;
LowestOsc = Value5;
Value4 = Highest(OSC, SwingLgth);
Value5 = Lowest(OSC, SwingLgth);
end;
If Low > Value2 then
Value2 = Low;
If Low < Value3 then
Value3 = Low;
If OSC > Value4 then
Value4 = OSC;
If OSC < Value5 then
Value5 = OSC;
If (HighestLow - LowestLow) = 0 or
(HighestOsc - LowestOsc) = 0 then
TroughDivergence = TroughDivergence[1]
else
TroughDivergence = 50*(( (OscPrice - IndicatorPrice) /
(HighestOsc - LowestOsc) ) -
( (PivotLow - LowPrice) / (HighestLow - LowestLow)) );
--
Thomas J. Festa, CMT
Technical Analysis Trading Systems Developer
Senior Proprietary Trader
Hold Brothers, LLC
230 Headquarters Plaza
East Tower, 2nd Floor
Morristown, NJ 07960
Cell: (908) 581-8880
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