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Q: I am actually not trying to set an alarm for ticki or tick, just when there is these divergences in the tick, or both tick and tiki. I asked ensign and they said it could be done with a DYO, but I have no clue about how to set it up.
A: The Flag for the Divergence on either overlay will be 2 bars after the Divergence occurred. Rarely will $TICK and $TICKI have divergence on the same bar. You can study the example I have worked up for you and decide what further effort you want to put into it. Note my use of a DYO to select the High or the Low of the overlay for use in the Divergence calculation, so the divergence lines are drawn from the Highs and/or Lows on the overlays.
Template: 1398-TickDiverge  Last modified 8/26/09 1:38 PM |