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Divergence Indicator



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<I>James in LA wrote</I><I></I>

<P><I>I think I'm right in saying that divergence is hard to code.&nbsp;
Probably because</I>
<BR><I>it's something of a subjective thing.&nbsp; Am I right about this,
people?&nbsp; If not,</I>
<BR><I>I would love to find out how this could be accomplished.</I><I></I>

<P>Metastock 6.5 has a divergence function ...

<P>divergence(data array1, data array2, % minimum change)

<P>eg divergence(close(rsi(21),3) looks for divergences between the close
and a 21 period RSI.
<BR>movements in the close less than 3% are ignored.

<P>This infor is "straight out of the book" and hopefully of interest to
you.

<P>Regards ... Martin</HTML>
</x-html>From ???@??? Wed Jan 07 08:09:55 1998
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Date: Wed, 07 Jan 1998 18:09:56 +1030
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From: Martin Haesler <mhaesler@xxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Divergence Indicator
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<x-html><HTML>
<I>James in LA wrote</I><I></I>

<P><I>I think I'm right in saying that divergence is hard to code.&nbsp;
Probably because</I>
<BR><I>it's something of a subjective thing.&nbsp; Am I right about this,
people?&nbsp; If not,</I>
<BR><I>I would love to find out how this could be accomplished.</I><I></I>

<P>Metastock 6.5 has a divergence function ...

<P>divergence(data array1, data array2, % minimum change)

<P>eg divergence(close(rsi(21),3) looks for divergences between the close
and a 21 period RSI.
<BR>movements in the close less than 3% are ignored.

<P>This infor is "straight out of the book" and hopefully of interest to
you.

<P>Regards ... Martin</HTML>
</x-html>From ???@??? Wed Jan 07 08:09:56 1998
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Date: Wed, 07 Jan 1998 08:02:10 +0000
Reply-To: Lawrence.Barwick@xxxxxxxxxxxxxxx
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From: Lawrence.Barwick@xxxxxxxxxxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: ADMIN: Get me off list please
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Hello RealTraders administrators,
I no longer wish to be part of the forum and would like no further messages
sent to me.
Many Thanks
Lawrence Barwick