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bfez

Member

Posts: 21

Joined: 12/20/2004
Location: Orlando

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Subject : RE: divergences
Posted : 6/24/2007 1:14 PM
Post #12304 - In reply to #11410

With what are you creating the *.ots files?

KC Trader stated that his divergence gave a signal one day too late. An ovservation of his chart shows several days of low volume comparative to that stock's average volume and low comparative range (high - low) in the days preceeding the price drop. This is a signal that there is no support for the prices and is indicative of a reversal at the stock's high.

You asked for ideas for a development forum. May I suggest the Volume/Price or Price/Range Relationships which often predict breakouts and reversals.
Deleting message 12304 : RE: divergences


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