Welcome to NexusFi: the best trading community on the planet, with over 150,000 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 -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
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.
Can you help answer these questions from other members on NexusFi?
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.