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ECIDiv V7 : Divergence detector 5 *
Please remove old version before installing this one.

Current version is V7

This indicator tries to detect price/indicator divergence.

Any indicator in Ninja can be used and detection is possible on historical and real time charts.
To set the user indicator : goto ECIDiv parameters / Data / Input Series and choose your indicator.
When the user indicator data uses multiple periods, the Plot input is used.

ECIDiv was designed for standard Ninja period types. Usage of other period types is not guaranteed nor supported.

The divergence computation uses local turning points (called pivots) calculated on the price and the user indicator input.
When price and indicator diverge (regular or hidden divergences) an audio and visual signal is given.
Size of pivot (number of bars to the left and right) is adjustable (default size is 1).

Reminder :
Regular Divergence occurs when :
* Long signal : price makes LL and indicator HL.
* Short signal: price makes HH and indicator LH.
Hidden Divergence occurs when :
* Long signal: price makes HL and indicator LL.
* Short signal : price makes LH and indicator HH.
(LL = Lower Low, HL = Higher Low, HH = Higher High, LH = Lower High).

ECIDiv draws the input indicator. If you don't want it to be drawn, simply set it to transparent.

The input method introduced in the V7 is based on the one used by the indicator DivergenceInputSeries (that you can also find in Big Mike Forum).

* Continue watching Big Mike Trading users feedback.

V7 : November 1st 2013
* Major Change/Enhancement : new input method. any indicator is accepted.
* Removed : Divergence target (buggy).
V6 :
* Change : CalculateOnBarClose default is now false
* Change : Removed dots from divergence drawings (users request)
V5 :
* Added Divergence logging for internal compatibility checks
* Added Logging for internal performance logging
V4 : December 7th, 2012 + Update March 3 2013
* Added TSI, RSI, MACD
* Enhanced variable periods : slow, fast, smooth
V3 : November 21, 2012
* Added adjustable sound alert file path.
* Enhanced signal colors (separate colors for HD/RD, divergence line width).
* Added divergence price target helper.
V2 : October 3rd, 2011
* Added REGULAR Divergence detection
* Added RSI indicator to the compatible indicators list
* Added adjustable pivot left and right size
* Added adjustable signal colors
V1 : September 30th, 2011
* Initial release with HIDDEN Divergence signals for CCI/Momentum/DoubleStochastics.

Exported and tested with NinjaTrader 7.0.1000.16.

Happy trading

Category The Elite Circle 
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Details: ECIDiv V7 : Divergence detector
Category: The Elite Circle 

November 1st, 2013
Size: 6.93 KB
5 * ahwii September 30th, 2011 08:38 AM
Works like a charm! Would love to see RSI added though
4 * mea109 September 30th, 2011 11:01 AM
je test de suite
5 * Southsea September 30th, 2011 02:12 PM
Thanks for the indy. Does it warn of divergence BEFORE bar close if calculate on bar close is set to false? Thanks again!
5 * Doppio September 30th, 2011 05:58 PM
What a brilliant and seemingly simple indi!! I just cant wait to see the one with regular divergence! Thanks so much
5 * tke1 October 1st, 2011 11:45 AM
Looks great - can't wait to test it !!!!

Many Thanks....
5 * Trafford October 3rd, 2011 06:08 AM
Nice indicator works very well
5 * hoosier_trader October 3rd, 2011 02:53 PM
Thank You, Works great! Would love to see MACD added.
5 * MONEYKING October 3rd, 2011 05:41 PM
Thanks i am going to test it today good work .
5 * ricochet October 4th, 2011 12:22 PM
Very nice indy, working well today. Please add function to change the RD color so it can differentiate from HD color to your TODO list, thx
5 * MasterSS October 5th, 2011 12:18 AM
Thanks for the indycator!

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