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Innovative-Trading-solutions-online.com review
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Innovative-Trading-solutions-online.com review

  #41 (permalink)
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RJAY's the Divergence Spotter

on the 14tick Hybrid Bars works like a charm

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thank you Rjay!!

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....here you go


Last edited by Gabriyele; January 4th, 2012 at 02:58 PM.
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  #42 (permalink)
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Gabriyele View Post
on the 14tick Hybrid Bars works like a charm


thank you Rjay!!

You have to say what bottom pane indicator you are using for the divergence.

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  #43 (permalink)
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Thats RJays divergence Spotter Indicator in Panel 2.

Innovative-Trading-solutions-online.com

sharmas

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  #44 (permalink)
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sharmas View Post
Thats RJays divergence Spotter Indicator in Panel 2.

Innovative-Trading-solutions-online.com

sharmas

Yes, but what indicator is being used to create the divergence? MACD, RSI, Stoch...etc?

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monpere View Post
You have to say what bottom pane indicator you are using for the divergence.


monpere View Post
Yes, but what indicator is being used to create the divergence? MACD, RSI, Stoch...etc?

check the post again, the remedy is there

thank you for the side note

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  #46 (permalink)
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sometimes it is all you need :-) to make a few bucks

Rjay's Golden Hybrid Renkos, the divergence spotter and the swingrays

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  #47 (permalink)
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monpere View Post
Yes, but what indicator is being used to create the divergence? MACD, RSI, Stoch...etc?


RJay has the options to choose which ever one you want to use in his Divergence Spotter:
MACD Fast
MACD Slow
POV2
RVI
CCI
RSI
TRIX
TRIX3

and has the options to show First and Second Divergence.

Sharmas

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  #48 (permalink)
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sharmas View Post
RJay has the options to choose which ever one you want to use in his Divergence Spotter:
MACD Fast
MACD Slow
POV2
RVI
CCI
RSI
TRIX
TRIX3

and has the options to show First and Second Divergence.

Sharmas

The divergence shows the bar after the line correct? I would think it would have too.... So, for those looking on, remember that those lines are painted one bar later to create the pivot and the divergence.

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  #49 (permalink)
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bluemele View Post
The divergence shows the bar after the line correct? I would think it would have too.... So, for those looking on, remember that those lines are painted one bar later to create the pivot and the divergence.

I don't have the indicator, but it should be able to start drawing the divergence as soon as a divergence starts developing, and update the line as new bars develop as long as the divergence condition is still intact. Part of the beauty of divergence is that you can see it coming multiple bars in advance.

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  #50 (permalink)
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Speaking of divergence, a divergence without a significant location within the equation and order flow as confirmation is as good as flipping a coin or looking at two moving averages crossing over. Would you trade each cross-over or divergence, i doubt but who knows maybe RJay's indics form a superior beast. Maybe this could be a good test to make, ie, what is more profitable: two MA crossing over or a divergence!


Last edited by trendisyourfriend; January 4th, 2012 at 05:39 PM.
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