Can this be done with MultiCharts (divergence analysis)?

Questions about MultiCharts and user contributed studies.
Tresor
Posts: 1104
Joined: 29 Mar 2008
Has thanked: 12 times
Been thanked: 51 times

Can this be done with MultiCharts (divergence analysis)?

Postby Tresor » 05 May 2008

Hello TS Support,

I just came accros this website: www.fibonaccitrader.com/HELP40/default.htm
Please click ''Divergences'' on the left-side menu.

There is an analytical software that has a built-in function of detecting 4 types of divergences:

a) regular bullish divergence,
b) regular bearish divergence,
b) hidden bulish divergence, and
c) hidden bearish divergence.

These divergences can be calculated using the highs and lows of bars, as well as the bar's close. The divergences can be detected on price - oscillator as well as on oscillator - oscillator.

I attached a printscreen of this. At the moment I like MC very very much. I would like to further expand my feelings for your product. Adding this feature would really help me with this :mrgreen:

Regards
Attachments
Divergences.jpg
(144.5 KiB) Downloaded 311 times

Return to “MultiCharts”