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Date/Time: Sun, 24 Nov 2024 11:02:56 +0000

Post From: Here is a Divergence Study Collection

[2019-04-05 21:32:11] Link To Thread - Link To Post [Go To First Post]
User7817001 - Posts: 96
I know some Sierra Chart customers appreciate a decent (not perfect) divergence detector. Not sure if this is a good way to share what I created, but here it is. In a nut shell, both MACD (large dots) and Stoch Slow (small dots) 1st and 2nd peak and null identified, MACD and Stoch Slow 1st MACD and Slow Stoch peak or null, Peak or Null current price captured 2nd MACD and Slow Stoch peak or null, recent Peak or Null current price captured and compared to 1st Yes, this study set is a bit upside down, in that price is not the primary peak/null, but MACD and Stoch Slow peak/null is the trigger And when there is divergence found a green dot will be for 'long'under the price candle and red dot will be for 'short' below the price candle I set MACD divergence as a larger size #10 dot I set Stoch Slow divergence as a smaller size #5 dot If you copy this study to your C:\SierraChart\Data drive I should work If not let everyone know in the replies Mark


Divergence chart image.JPG / V - Attached On 2019-04-05 21:30:39 UTC - Size: 188.38 KB - 2738 views EMCWIZ Divergence MACD and Slow Stoch.StdyCollct - Attached On 2019-04-05 21:31:05 UTC - Size: 28.01 KB - 1193 views