Is there a way to scan for bullish divergence where RSI3 makes a higher low and at the same time price makes a lower low (Andrew cardwell). Let's say we want to do this for a 5 day period counting back from today.
It would be ideal if that scan could find such a constellation for different time frames as well but that same objective could also be met by using different scans (e.g. 6,7,8,9 days).
Thanks, Siggi
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I am looking for a way to determine the minimum (or maximum) of a simple moving average, e.g. SMA20 of closing price. To be certain for this to be a minimum, I would have to wait long enough for the MA to turn up again for a few days.
If this was a function (e.g. a parabola), it would be a few "days" after the lowest point with a slope of zero.
One difficulty in creating such a PCF seems that a minimum can occur e.g. within a 2 week time frame or it can last much longer.
Thanks for your help.
Siggi
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