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Hidden Divergence


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Hidden Divergence

  #11 (permalink)
 wwwingman 
Paris, France
 
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194


Jura View Post
Looks promising judging from the screenshot. Have you used the DLL for convenience or to protect your work? In the first case, can you comment on how you coded it? That way I can perhaps convert it to MultiCharts, with full credit to you of course.

Regards,

Hi Jura,

I have no intention of selling it... just want to improve it with help of traders. It's a DLL since I saw some code going out of futures.io (formerly BMT) and being sold...

I tried few ways, with complicated and less complicated indicators like price action swing etc. I believe the easiest way is to simply compute pivots of price and indicator. when the divergence happen around the same bar check for price pivot making a new HL and indicator making new LL. If so it's a hidden divergence for long signal. (LH/HH for short).

W.

-- The rest is silence
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  #12 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
Thanks Given: 333
Thanks Received: 121


wwwingman View Post
Hi Jura,

I have no intention of selling it... just want to improve it with help of traders. It's a DLL since I saw some code going out of futures.io (formerly BMT) and being sold...

I tried few ways, with complicated and less complicated indicators like price action swing etc. I believe the easiest way is to simply compute pivots of price and indicator. when the divergence happen around the same bar check for price pivot making a new HL and indicator making new LL. If so it's a hidden divergence for long signal. (LH/HH for short).

W.

Hi wwwingman

Is it possible to add more indicators to the list (list being RSI, CCI etc) i.e. mave MACD, MACDBB etc

thanks for the great indicator!!

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  #13 (permalink)
 wwwingman 
Paris, France
 
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194



tellytub View Post
Hi wwwingman

Is it possible to add more indicators to the list (list being RSI, CCI etc) i.e. mave MACD, MACDBB etc

thanks for the great indicator!!

Hi tellytub,

I have not found a dynamic way to add indicators (so the user can add or set as input his own indicator).

This means I have to program it.

One other thing is that for a lot of indicators, I am not sure what am I supposed to compare the divergence to. This may seem stupid but people tend to use indicators differently. For, exemple, a "simple" stochastics have few indicators in it (D/K/MA..) and people tend to use all of them or some of them for divergence.
This ihy I decided to add only indicators with 1 parameter, the period.

Next version the indicator will be available with source code. So people will be able to play around with it and add whatever they want.

W.

-- The rest is silence
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  #14 (permalink)
 
Zwaen's Avatar
 Zwaen 
Netherlands, Blaricum
 
Experience: Intermediate
Platform: Excel, Python, R
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Trading: Options
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You guys probably don't need it, but in the past I found a nice article about hidden divergence:
https://www.getfreeebooks.com/wp-content/uploads/Hidden_Divergence.pdf

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  #15 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
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wwwingman View Post
Hi tellytub,

I have not found a dynamic way to add indicators (so the user can add or set as input his own indicator).

This means I have to program it.

One other thing is that for a lot of indicators, I am not sure what am I supposed to compare the divergence to. This may seem stupid but people tend to use indicators differently. For, exemple, a "simple" stochastics have few indicators in it (D/K/MA..) and people tend to use all of them or some of them for divergence.
This ihy I decided to add only indicators with 1 parameter, the period.

Next version the indicator will be available with source code. So people will be able to play around with it and add whatever they want.

W.

Thanks very kind of you, I just hope people here dont sell all your hard work, this really annoys me BIG TIME!

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  #16 (permalink)
 
aligator's Avatar
 aligator 
Las Vegas, NV
Market Wizard
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65
Trading: Futures, Stocks, Options
Posts: 3,614 since Aug 2010
Thanks Given: 1,071
Thanks Received: 5,988


wwwingman View Post
Hi tellytub,

I have not found a dynamic way to add indicators (so the user can add or set as input his own indicator).

This means I have to program it.

One other thing is that for a lot of indicators, I am not sure what am I supposed to compare the divergence to. This may seem stupid but people tend to use indicators differently. For, exemple, a "simple" stochastics have few indicators in it (D/K/MA..) and people tend to use all of them or some of them for divergence.
This ihy I decided to add only indicators with 1 parameter, the period.

Next version the indicator will be available with source code. So people will be able to play around with it and add whatever they want.

W.

Excellent work Wingman. FisherTransform (NT7 default) is a real simple oscillator, responsive, and yet greatly unappreciated indicator to add to your Divergence code. The pivot points form sharp and less noisy. Please give it your consideration.

Thanks a bunch!

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  #17 (permalink)
 ValLiant 
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker: iB
Trading: CL/GC/NQ
Posts: 67 since May 2010
Thanks Given: 78
Thanks Received: 22

i thought DLL's were illegal on futures.io (formerly BMT)? :-) but i guess Feltontrading opened the door for dlls on futures.io (formerly BMT) ... just a suggestion.... it is a bit challenging not being able to see the code as it would be great to try and port it over to a few other platforms... like W59 or Multicharts or to develop it a bit further on ninja adding other things such as MACD/Fsiher etc ... ... but either way thanks for posting the indicator it really is a nice piece of work!!!

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  #18 (permalink)
 ValLiant 
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker: iB
Trading: CL/GC/NQ
Posts: 67 since May 2010
Thanks Given: 78
Thanks Received: 22

here would be a great addition to your divergence indicator if you end up doing a version 3 --- this is the adaptive CCI by Winfrey --- purty good too :-) adaptive CCI

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  #19 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
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What would be cool is to enable it to use any indicator... That would probably be a bit dynamic but cool.

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  #20 (permalink)
 wwwingman 
Paris, France
 
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194



bluemele View Post
What would be cool is to enable it to use any indicator... That would probably be a bit dynamic but cool.

bluemele, I don't how to do that with Ninja. tried it but had no success and no body told me of a way to do that.

W.

-- The rest is silence
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