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Old 05-29-2006, 07:03 AM
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Divergence Detection Indicator

I am looking for good divergence detection indicator, so far i know only macd can do that. Any suggestion for other indicators that good for divergence detection (time frame & setting)?

Thanks.
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Old 07-26-2006, 04:49 PM
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looking macd divergence detection indicator (mq4)

Quote:
Originally Posted by goover
I am looking for good divergence detection indicator, so far i know only macd can do that. Any suggestion for other indicators that good for divergence detection (time frame & setting)?

Thanks.

macd divergence detection indicator (mq4) to:
qwerty123321qwer@163.com


Thanks.
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Old 07-26-2006, 07:24 PM
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Quote:
Originally Posted by goover
I am looking for good divergence detection indicator, so far i know only macd can do that. Any suggestion for other indicators that good for divergence detection (time frame & setting)?

Thanks.
I have this one. Use on 30M and above.
Attached Files
File Type: mq4 MACD_Divergence.mq4 (9.3 KB, 878 views)
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Old 12-16-2006, 07:12 AM
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Quote:
Originally Posted by elihayun
I have this one. Use on 30M and above.
Does anyone know how to fix the error in this indicator? It causes huge Log Files and the Journal Log's message says:

invalid integer number as parameter 2 for iSeries function

Any idea where the error is?
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Old 12-16-2006, 08:35 AM
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Quote:
Originally Posted by Mazoem
Does anyone know how to fix the error in this indicator? It causes huge Log Files and the Journal Log's message says:

invalid integer number as parameter 2 for iSeries function

Any idea where the error is?
Should "timeFrame" be declared as "int" rather than "string"?
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Old 12-16-2006, 08:38 AM
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Quote:
Originally Posted by goover
I am looking for good divergence detection indicator, so far i know only macd can do that. Any suggestion for other indicators that good for divergence detection (time frame & setting)?

Thanks.
hi goover...IMHO, divergence occur when price make a couple of high/low while indicator showing the opposite. For example, price make a high/low, then make a new high/low & again make new high/low while the indicator show opposite of the price direction.

most of indicator that use histogram based like macd/ or line crossing like stochastic or single line like rsi/cci can show the divergence. Just notice the high/low of the price & watch how the indicator react to the price.

Using another trend indicator as a support to a divergence approach trading may give u better result because we dont know how strong the price will move after the divergence occur. Sometime price move very far after divergence & sometime it move a little then turn back. So better combine it with another trend indicator or another approach such as price action/japanese candlestick, fib tools, support&resistance, trendline etc.

just my 2 cent & im also a newbie & sorry for my bad english.

hope this help u.
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Old 12-17-2006, 07:24 AM
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Hello,
Does anyone know the code for "MaxLookBack"

My computer is slowing down because all the arrows
being drawn from 1999 till now.

thnx in advance
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Old 12-17-2006, 07:33 AM
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Quote:
Originally Posted by bratt
Hello,
Does anyone know the code for "MaxLookBack"

My computer is slowing down because all the arrows
being drawn from 1999 till now.

thnx in advance
What indicator are you asking about adjusting?

You could just change your chart properties... menu tools/options edit max bars in history/chart. See screenshot.
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File Type: jpg options.jpg (50.8 KB, 1962 views)
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Last edited by Mazoem; 12-17-2006 at 07:44 AM.
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Old 12-17-2006, 01:24 PM
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you can see a divergence in any indicator. CCI, RSI and even a moving average. For a moving average simply change the settings from a chart window to a seprate window
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Old 12-17-2006, 05:46 PM
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Hi,- an indicator for confirmations is Stop_reversal_bluestops.mq4 (only it draws so many arrows it slows everything down. </p> Using this EA ...v1-beta below in demo mode helps find divergances and the indicator below helps too.
Attached Files
File Type: mq4 Stop_reversal_bluestops.mq4 (4.6 KB, 420 views)
File Type: mq4 EA_MACD_Divergence_v1-beta.mq4 (20.3 KB, 368 views)
File Type: mq4 MACD_Divergence.mq4 (9.3 KB, 342 views)

Last edited by bratt; 01-24-2007 at 01:15 AM.
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