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Divergence Detector


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  #1 (permalink)
tietzmann
Brasilia
 
Posts: 8 since Oct 2020
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I am trying to use the Divergence Detector study from Sierra to detect regular divergence between 2 charts, but have no idea how it works. I already posted a message on their support forum, but got no help there and the documentation is quite complex for non mathematicians like me.

The first image is what I was expecting to see.

The second image is one example of what the indicator is doing. Notice that I have up and down arrows, but there is no divergence on the places I marked. And also there are many extra arrows.

If the study does not/cannot draw lines that's fine, but at least the arrows must indicate real divergence.


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  #2 (permalink)
ondafringe
Albuquerque, NM, USA
 
Posts: 124 since Jul 2012
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tietzmann View Post
I am trying to use the Divergence Detector study from Sierra to detect regular divergence between 2 charts, but have no idea how it works. I already posted a message on their support forum, but got no help there and the documentation is quite complex for non mathematicians like me.

The first image is what I was expecting to see.

The second image is one example of what the indicator is doing. Notice that I have up and down arrows, but there is no divergence on the places I marked. And also there are many extra arrows.

If the study does not/cannot draw lines that's fine, but at least the arrows must indicate real divergence.

I don't use it, but I *think* the divergence has to be between the main price graph and a study subgraph.


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  #3 (permalink)
tietzmann
Brasilia
 
Posts: 8 since Oct 2020
Thanks Given: 5
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Thanks, but this video refers to a custom indicator, not the one that comes with Sierra. But I sent an email to these guys asking if their indicator is still available.

I also tested the Divergence Detector with other indicators, but still get the same results.


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  #4 (permalink)
ondafringe
Albuquerque, NM, USA
 
Posts: 124 since Jul 2012
Thanks Given: 87
Thanks Received: 118


tietzmann View Post
Thanks, but this video refers to a custom indicator, not the one that comes with Sierra. But I sent an email to these guys asking if their indicator is still available.

I also tested the Divergence Detector with other indicators, but still get the same results.

My bad. Removed the video from my earlier post.


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  #5 (permalink)
tietzmann
Brasilia
 
Posts: 8 since Oct 2020
Thanks Given: 5
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So, does anybody use this indicator at all? Can't find any help anywhere with this Delta Divergence...


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