Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Downloads
>
The Elite Circle
>
Categories
Show
Search
Help
Search
title and description
keywords
Advanced Search
Winning nominations
What's Hot
What's New
New Ratings
Some Random Entries
Home Category
Login to Download
ECIDiv V7 : Divergence detector
Please remove old version before installing this one.
Current version is V7
This indicator tries to detect price/indicator divergence.
Any indicator in Ninja can be used and detection is possible on historical and real time charts.
To set the user indicator : goto ECIDiv parameters / Data / Input Series and choose your indicator.
When the user indicator data uses multiple periods, the Plot input is used.
ECIDiv was designed for standard Ninja period types. Usage of other period types is not guaranteed nor supported.
The divergence computation uses local turning points (called pivots) calculated on the price and the user indicator input.
When price and indicator diverge (regular or hidden divergences) an audio and visual signal is given.
Size of pivot (number of bars to the left and right) is adjustable (default size is 1).
Reminder :
Regular Divergence occurs when :
* Long signal : price makes LL and indicator HL.
* Short signal: price makes HH and indicator LH.
Hidden Divergence occurs when :
* Long signal: price makes HL and indicator LL.
* Short signal : price makes LH and indicator HH.
(LL = Lower Low, HL = Higher Low, HH = Higher High, LH = Lower High).
ECIDiv draws the input indicator. If you don't want it to be drawn, simply set it to transparent.
The input method introduced in the V7 is based on the one used by the indicator DivergenceInputSeries (that you can also find in Big Mike Forum).
TODO :
* Continue watching Big Mike Trading users feedback.
Changelog
V7 : November 1st 2013
* Major Change/Enhancement : new input method. any indicator is accepted.
* Removed : Divergence target (buggy).
V6 :
* Change : CalculateOnBarClose default is now false
* Change : Removed dots from divergence drawings (users request)
V5 :
* Added Divergence logging for internal compatibility checks
* Added Logging for internal performance logging
V4 : December 7th, 2012 + Update March 3 2013
* Added TSI, RSI, MACD
* Enhanced variable periods : slow, fast, smooth
V3 : November 21, 2012
* Added adjustable sound alert file path.
* Enhanced signal colors (separate colors for HD/RD, divergence line width).
* Added divergence price target helper.
V2 : October 3rd, 2011
* Added REGULAR Divergence detection
* Added RSI indicator to the compatible indicators list
* Added adjustable pivot left and right size
* Added adjustable signal colors
V1 : September 30th, 2011
* Initial release with HIDDEN Divergence signals for CCI/Momentum/DoubleStochastics.
Exported and tested with NinjaTrader 7.0.1000.16.
Happy trading
Category
The Elite Circle
Details:
ECIDiv V7 : Divergence detector
Category:
The Elite Circle
November 1st, 2013
Size: 6.93 KB
1002
wwwingman
Comments/ratings
ahwii
September 30th, 2011 08:38 AM
Works like a charm! Would love to see RSI added though
mea109
September 30th, 2011 11:01 AM
merci
je test de suite
Southsea
September 30th, 2011 02:12 PM
Thanks for the indy. Does it warn of divergence BEFORE bar close if
calculate on bar close
is set to false
?
Thanks again!
Doppio
September 30th, 2011 05:58 PM
What a brilliant and seemingly simple indi!! I just cant wait to see the one with regular divergence! Thanks so much
tke1
October 1st, 2011 11:45 AM
Looks great - can't wait to test it !!!!
Many Thanks....
Trafford
October 3rd, 2011 06:08 AM
Nice indicator works very well
hoosier_trader
October 3rd, 2011 02:53 PM
Thank You, Works great! Would love to see MACD added.
MONEYKING
October 3rd, 2011 05:41 PM
Thanks i am going to test it today good work .
ricochet
October 4th, 2011 12:22 PM
Very nice indy, working well today. Please add function to change the RD color so it can
differentiate
from HD color to your TODO list, thx
MasterSS
October 5th, 2011 12:18 AM
Thanks for the indycator!
Page 1 of 10
1
2
3
>
Last
»
Sort by
Date created (ascending)
Date created (descending)
Username
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Join Markets Chat waitlist
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.