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my suggestion would be to add a print statement such as :
within the code, look for the dot plotting placed on bar value "A":
in some places in the code (not sure if it's in the base version or in my v01), arrows or other style dots may be plotted differently - on index "0" for the arrows and "DotRed" dots:
anyone able to add an audio alert for when the divergence occurs and the arrow paints?
Im told it should be very easy but i dont know the first thing about programming!
I'm attaching the latest version of the D3Spotter (verison 3.1). I'm the origional writter if this indicator and have had some requests. I know there were some problems with saving, I think I've corrected it. Well, here it is..comments welcome...
hi dadof3and3,
first - thanks for posting a new version of your indicator here !
Sorry to say, but have a problem to understand your definition of divergence.
you catch those points in the price - thats ok so far
but when i look in the lower panel at the indicator, the dots there doesnt seem to catch a clear MacD - turning-point to define a divergence.
most of the time the indicator takes point in the middle of a movement of the MacD (in this example) and dont wait for spotting swingpoint of the MacD.
in my understanding a falling MacD is not the point to define a divergence on -
you have to wait for a turning-point of the MacD to compare it to a turning-point of the price.
i had a look at some others (StochK / cci ...) and its always the same there - so its not a problem of the MacD - its the way the diver are defined in the indicator-section.
You hit the nail on the head as to why I never use this indicator. It uses price swing/pivot points to determine the divergence, which hardly ever matches up with the lower study. I would much rather test the study indicator for swings and then compare to price. The problem with that is it is much harder to do. It is easier to code it to look for highs and lows in price.
Go right ahead but I am too busy to put any effort toward a new indicator. Right now people asking for NT7 versions of indicators so I am tied up converting.
Well, you are so right.... All the indicator does is look at price and compares swing candidates, then looks at the indicator for the same bar (without regard to swing high/low in the indicator). I'll ponder that and see what I can come up with... (any help is greatly appreciated).