Contact: Information not Provided
(6 votes)
Click here to Rate this Script
usm divergences (incl. triples)
| Author: Christoph Meissner Contact: Information not Provided |
Download this Script |
| Posting Date: 12/6/2008 | Download Count: 686 |
| Category: Indicator | Rating:
(6 votes)
Click here to Rate this Script |
Summary:
This little study filters divergences
between usm and chart data.
Red trendlines depict higher highs in chart to lower highs in usm
and blue ones do the opposite.
Triple divergences are detected, too.
pls study the script
and/or read
the origin at http://www.wave59.com/idealbb/view.asp?topicID=2236
| User Comments: | |
| 6/3/2009 5:09:50 AM | |
| gerald jamison | What do the vertical green line represent? |
| 6/4/2009 1:58:01 AM | |
| Christoph Meissner | The green line reflects the consistency of the usm.
Mathematically it's the error of the cycle found in USM indicator.
High values indicate, that the usm cycle is not clearly found. |
I am the author and would like to edit this page
I am the author and would like to delete this post