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Re: Divergence indicator



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James inLA wrote:
> 
> In a message dated 98-01-06 08:46:06 EST, you write:
> 
> << I need some help in putting together a trading system. I am looking for
>  a divergent indicator that would be used to confirm a trading signal. I
>  am using 3 moving averages, CCI channel crossover, Keltner Bands. I am
>  presently using the Ultimate Osc as an indicator. >>
> 
> I think I'm right in saying that divergence is hard to code.  Probably because
> it's something of a subjective thing.  Am I right about this, people?  If not,
> I would love to find out how this could be accomplished.
> 
> Jim


A good idea mightbe to compare successive Swing Highs on a smoothed 
price High, with successive Swing Highs on the smoothed oscillator. 
Some of the adaptative stuff works pretty well to smooth data or 
indicators.

Gwenn

P.S. I don't use any of the above.