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Direct MessagesDate/Time: Sun, 12 May 2024 12:53:46 +0000
Study: Divergence Detector
View Count: 1959
| [2017-06-26 19:55:36] |
| User727623 - Posts: 17 |
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Hi, I tried using your inbuilt Divergence Detector study. I read the study description in detail, tried it with different settings but couldn't manage to get an output that which in line with Divergence theory (when price is making a higher high, the comparison indicator will make a lower high). I'm attaching a screenshot of my sample chart and the study settings. I applied the study over Price vs RSI. Could you please help me interpret the output or tell me where i'm going wrong. Here below is a screenshot of my sample chart http://www.sierrachart.com/image.php?Image=1498506521348.png I've also attached a screenshot of study settings. Thanks M Date Time Of Last Edit: 2017-06-26 19:56:13
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 settings.JPG / V - Attached On 2017-06-26 19:56:06 UTC - Size: 85.42 KB - 342 views |
| [2017-06-27 18:58:21] |
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We do not think we can really give you any information beyond what the documentation says. After looking at the study, we did realize that the indication of a Positive/Negative divergence is reversed. This is going to be changed in version 1576. So what is now currently a positive divergence will be indicated as a negative divergence and negative divergence will be indicated as a positive divergence. We did some documentation updates here: http://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=382#Divergence_Detector That documentation applies to version 1576 which will be out later today. The documentation explains how the study works. Whether the study is useful or not, we do not know. It could be that it is of no use based upon what you are looking for. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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