OmniTrader Forum : OmniTrader 2006 Technical Support : divergences

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OmniTrader Archives OmniTrader 2006 Technical Support divergences		Last Activity 2/14/2011 12:22 PM 27 replies, 3225 viewings

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JasonB

New User

Posts: 2

Joined: 1/23/2007

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Subject : RE: divergences
Posted : 1/27/2007 3:51 PM
Post #11412 - In reply to #10668

kc i agree with your post,i too notice the same thing.
i cant wait for scrappy to start the new forum.
the problom i have is that i have so many strategies saved from other member postings,im not sure which set of combinations or single strategy works best.
any one will to help me set up my ot06 please help,desperate to try and start making money.
i need my prog setup and ready to run.i cant set it up,and help greatfully welcomed.
many thanks in advance
i attach screen shot of my strategy file for you to see what i have.

Attached file : my strategy file.jpg (206KB - 357 downloads)

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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 12:28 PM
Post #12302 - In reply to #10668

Scrappy, with what are you creating those *.ots files?

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bfez

Member

Posts: 21

Joined: 12/20/2004
Location: Orlando

User Profile

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.

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