How to find divergences ? - Trading Software

How to find divergences ?

Back to threads

Oleg
2017-03-18 09:09:32

How to program finding divergences between price and an indicator reading?
Please advise

Thanks

QuantShare
2017-03-20 05:45:16

There are several ways to do this. For example, you can compare the N-bar rate of return.

a = sma(30);
div = perf(a, 10) > 5 and perf(close, 10) < -5;

Oleg
2017-03-20 19:20:35

I see . Thanks. Out of curiosity what are other ways to check for divergences.
Also is there any way to localize a peak on an indicator such as MACD ?

Please advise

QuantShare
2017-03-21 04:34:28

Yes there are other ways. You can for example calculate the slope of each indicator (LinearReg_Slope) and compare it.

To localize a peak you need to access future bars.
However, if you want to detect highest high values of an indicator, please use the "hhv" function.

a = hhv(close, 20); // Highest close over the last 20-bars

Get more messages

No more messages

Back


Trading Items How far are the close prices from the support line Coppock - VLT Momentum Indicator IBS - Internal Bar Strength McGinley Dynamic Indicator Market Index for the Gold and Silver Industry	How-to Lessons How to download a trading item from the Sharing Server How to display two stocks on the same chart How to download and use U.S. stocks earnings data How to drag & drop a stock to a static watchlist How to display notes/commentaries on a chart
Related Forum Threads How do I find the close price for an entry matching a custom DB How to find historical ETF data how to draw Flag (Bullish) on chart? How to browse and search the blog? How can I view signals rejected by the simulator?	Blog Posts How to create and backtest thousands of trading rules in less tha... How to Scan for Parallel Resistance and Support Lines Let me Show You How to Create Hundreds of Profitable Trading Syst... How to Download Trading Data for Certain Securities Only How to create a trading system, screen and composite using earnin...