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ECIDiv V7 : Divergence detector
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ECIDiv V7 : Divergence detector
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).
TODO :
* Continue watching Big Mike Trading users feedback.
Changelog
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
Details:
ECIDiv V7 : Divergence detector
Category:
The Elite Circle
November 1st, 2013
Size: 6.93 KB
Downloaded: 8001 times
1002
wwwingman
View Download Details
October 27th, 2020 09:37 PM
coolma1973
Please help---- Is there a Ninja 8 version for the ECIDiv Indicator? Thanks
July 29th, 2020 06:22 AM
zoticus
Is this available for NT8 ?
July 26th, 2020 12:02 PM
jmont1
Appreciate your efforts - NT8 version
https://futures.io/elite-circle/28225-ecidiv-input-any-kind-indicator-4.html#post700657
January 14th, 2017 04:22 AM
Herbert
Thank you!
August 20th, 2016 07:01 AM
rafaelreyesmoreno
hello,
to who I hace to contact regarging indicator ECIDiv V7 : Divergence detector to make it work with timeframeunirenko? Bec
ause with this one it works with cpon.
Regards
rafael spain
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