usm divergences (incl. triples)

Author: Christoph Meissner
Contact: Information not Provided
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Posting Date: 12/6/2008 Download Count: 626
Category: Indicator Rating: (6 votes)
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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

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.

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