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I am trying to use the Divergence Detector study from Sierra to detect regular divergence between 2 charts, but have no idea how it works. I already posted a message on their support forum, but got no help there and the documentation is quite complex for non mathematicians like me.
The first image is what I was expecting to see.
The second image is one example of what the indicator is doing. Notice that I have up and down arrows, but there is no divergence on the places I marked. And also there are many extra arrows.
If the study does not/cannot draw lines that's fine, but at least the arrows must indicate real divergence.
Can you help answer these questions from other members on NexusFi?
Thanks, but this video refers to a custom indicator, not the one that comes with Sierra. But I sent an email to these guys asking if their indicator is still available.
I also tested the Divergence Detector with other indicators, but still get the same results.
