Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Does anyone have experience using the divergence input series indicator for NT8? Iim trying to figure it out and am not having much luck...any guidance would be greatly appreciated...
thanks
Can you help answer these questions from other members on NexusFi?
Did you get any direct responses or did you work out how to use this indicator? I just came across this one looking for a Divergence Indicator myself and and it looks pretty neat but the settings are confusing as hell and no documentation anywhere?
The indicator seems to be using the MACD as an indicator for divergence. Maybe you can try putting a MACD indicator and see whether it correspond to what is shown on the chart.
Suggest using the divergence option of the PriceActionSwingPro indicator instead, as a better indicator. It has options to use MACD, RSI, Stoch indicators (others can be added) to determine and draw divergences.
Refer to Gradient Color Bars thread where there are 1000s of posts of actual examples and charts of live trades and discussions on how divergences are traded. Here:
The concept of coloring bars is nothing new and everyone does it for certain filters. However, the idea for using gradient color bars to spot price divergence may not be new, but has gone un-noticed by many.
