Login Page - Create Account

Support Board


Date/Time: Thu, 02 May 2024 13:26:34 +0000



[User Discussion] - RSI Divergence Workaround

View Count: 2299

[2015-06-03 12:40:10]
infpz - Posts: 826
Hi, I am trying to find a way to detect divergence between the price and RSI without using ASCIL.

One idea I have is to add the Automatic Trendline Study to the main price graph, and then the same study onto/based on the RSI. Then I can use the study angle study to check for differences in the angle of each. Does this sound feasible, or does anyone have any other ideas?

Thanks,
PZ
[2015-06-03 15:20:02]
Sawtooth - Posts: 3990
The Study Angle study doesn't do well when Based On the Automatic Trendline study.

Detecting divergence is not as easy to see with an algo as it is with the eyes.

Onn, one of the programmers here, sells a divergence study:
http://www.sierrachart.com/index.php?page=doc/SierraChartStudyAndSystemProgrammers.html#ThirdPartyList

http://docs.trade29.com/sierra-chart-studies/divergence

Send him an email for a 2 week free trial.

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account