Sprint market – divergence signal
Forums › ProRealTime English forum › ProBuilder support › Sprint market – divergence signal
- This topic has 4 replies, 4 voices, and was last updated 7 years ago by Nicolas.
-
-
03/08/2017 at 5:18 PM #27787
Nicolas,
In constant search :), I need an indicator, which seems pretty effective on strat. Binary to UT5. But I have trouble programming a signal.
Let me explain: We take the following 2 indicators:
Disparity Index.itf and Rainbow Oscillator.itfThe two are very similar, extremely similar even. But sometimes, and that’s what there is to explore, there are small differences, we’ll call it discrepancies, even if it’s not really the right term.
Let me explain. In this screen on both osci, I put red and green arrows and white horizontal lines
On the first green arrow (1st from left), the two osci are similar, the same for the second arrowOn the other hand you see on the 3rd and last arrow that it is not the same, on the first osci the break breaks the previous low, while on the osci from below, the peak rebounds on the lowest precedent
And there are a lot of cases like that in the day, or the osci are the same, but at one point one differs slightly from the other in this way, one breaks the highest while the other No, one breaks the lowest while the other does not, while keeping the same head similar.
Could you code me a simple signal on this observation; On the open, this is very often a sign of reversal (reverse candle). And so a sprint to take on UT5.
Thank you for your return,
03/08/2017 at 5:30 PM #27794Hi Winnie,
remember that there’s 0,50 / 1 index points of different between Dax Index 1€ and DAX on the sprint market.
I can suggest to stress your future sistem adding a little spread to the probacktest
Thanks
Ale1 user thanked author for this post.
03/08/2017 at 8:24 PM #27836Hello Winnie,
without checking the indicator codes it appears that the upper is taking highs and lows into account and the lower open and close. In this case I read: Selling pressure defeated.
So, the lower band on your pricechart is also giving the same signal: Open and close above the band but low below the band.
Maybe, and this is just a maybe, you can reduce the number of indicators and still get the same reading?
03/08/2017 at 8:36 PM #2783803/10/2017 at 8:52 PM #28220 -
AuthorPosts
Find exclusive trading pro-tools on