Divergence detector

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  • #48876 quote
    isamegreloisamegrelo
    Participant
    New

    Which indicator from library is the bes for identify divergence? And second question, which indicators Nicolas use in trading?

    #48889 quote
    NicolasNicolas
    Keymaster
    Legend

    You can use any oscillator to catch divergences with the price, there is no best one. A divergence occurs because indicators are calculated over X periods while this is obviously not the case for price.

    #48891 quote
    isamegreloisamegrelo
    Participant
    New

    Are there nonperiodical oscillators?

    #48924 quote
    NicolasNicolas
    Keymaster
    Legend

    I don’t think so in the way you think about. 99% of indicators are calculated over an amount of periods. When you build an indicator, you only have 3 basics elements: time, price and volumes.

    #49260 quote
    BrendanBrendan
    Participant
    New

    What do you think of the  RSI divergence indicator on proRealCode ?

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Divergence detector


ProBuilder: Indicators & Custom Tools

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isamegrelo @isamegrelo Participant
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This topic contains 4 replies,
has 3 voices, and was last updated by BrendanBrendan
8 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 10/10/2017
Status: Active
Attachments: No files
ProRealCode ProRealCode
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