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Blueice

Member

Posts: 10

Joined: 11/15/2006

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Subject : RE: divergences
Posted : 11/15/2006 9:48 AM
Post #10793 - In reply to #10668

Scrappy

I am a new user of omnitrader 2006 EOD stock edition. I mostly swing trade
US stocks based on divergences on MACD and it gives me great pleasure to see that we can actually scan stocks based on divergence which no other software I used can do. I am using your MAC_d divergence strategy, I use macd recrossing to enter the trade and mostly use either volume or nothing for confirmation. I have noticed in your strategy that entry triangle comes one bar late after recrossing and sometime it does not pickup divergences. Screenshot 1 shows actual trade triangle which occured on 12/20/05, screenshot 2 shows recrossing occured on 12/19/05, screenshot 2 is taken from tradestation who is my stockbroker and charting plateform, it shows dot on the 12/19/05 candle signifying crossing has occured. Screenshot 3 shows a missed divergence. Is it possible for you to through some light on it, and how this can be achieved. Your help is appreciated.



Attached file : Screenshot 1.gif (82KB - 559 downloads)
Attached file : Screenshot 2.gif (75KB - 566 downloads)
Attached file : Screenshot 3.gif (80KB - 509 downloads)

Deleting message 10793 : RE: divergences


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