Registered User
Joined: 10/9/2007
Posts: 18
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Is it possible to set up the software to detect stochastic and price divergence? Price making a higher high but stochastics making a lower low? please advise thx s/d
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Click on Price and select Create Condition. Then select Moving Up from the Condition drop-down menu (Net, % or Smart would do, but I'd start with Smart). Then set the Period of the Condition to the number of bars over which you wish to check for a divergence.
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Then do the same thing with the Stochastic indicator, but Moving Down instead of Moving Up.
You can then add both the Conditions to the same Scan. Checking for a divergence where Price was Moving Down and Stochastics was Moving Up would just be a matter of switching around how you created the Conditions.
-Bruce
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