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I have no intention of selling it... just want to improve it with help of traders. It's a DLL since I saw some code going out of futures.io (formerly BMT) and being sold...
I tried few ways, with complicated and less complicated indicators like price action swing etc. I believe the easiest way is to simply compute pivots of price and indicator. when the divergence happen around the same bar check for price pivot making a new HL and indicator making new LL. If so it's a hidden divergence for long signal. (LH/HH for short).
I have not found a dynamic way to add indicators (so the user can add or set as input his own indicator).
This means I have to program it.
One other thing is that for a lot of indicators, I am not sure what am I supposed to compare the divergence to. This may seem stupid but people tend to use indicators differently. For, exemple, a "simple" stochastics have few indicators in it (D/K/MA..) and people tend to use all of them or some of them for divergence.
This ihy I decided to add only indicators with 1 parameter, the period.
Next version the indicator will be available with source code. So people will be able to play around with it and add whatever they want.
Excellent work Wingman. FisherTransform (NT7 default) is a real simple oscillator, responsive, and yet greatly unappreciated indicator to add to your Divergence code. The pivot points form sharp and less noisy. Please give it your consideration.
i thought DLL's were illegal on futures.io (formerly BMT)? :-) but i guess Feltontrading opened the door for dlls on futures.io (formerly BMT) ... just a suggestion.... it is a bit challenging not being able to see the code as it would be great to try and port it over to a few other platforms... like W59 or Multicharts or to develop it a bit further on ninja adding other things such as MACD/Fsiher etc ... ... but either way thanks for posting the indicator it really is a nice piece of work!!!
here would be a great addition to your divergence indicator if you end up doing a version 3 --- this is the adaptive CCI by Winfrey --- purty good too :-) adaptive CCI