It just shows that blue line at the bottom?
I really want to start watching out for hidden divergences though.
Hi @BenTen This fixed one of the problems I was seeing, thank you but I still do not seem to get any arrows in any direction generated.@ezrollin I see the issue now. Go to that specific indicator's setting and then untick "Show Plot" for the Diff option.
@BenTen - should have tried this earlier, I changed the MACD settings to 20, 50, 26 just to see if I could see anything and I now see some pink and green on the 15min charts. I'll need to research more appropriate settings for scalping lower timeframes.@mrmac Are you seeing any signals on the higher timeframe?
hi can you please tell me what is meaing of IWM thaank you!i too tried the divergence with IWM. It works quite well and i was able to simulate the buy/sell point on paper trade. I've actually entered a buy order at the last 5 minutes as it shows a double bottom. looking for another nice gap up tomorrow.
input fastLength = 12; input slowLength = 26; input MACDLength = 9; input averageType = AverageType.EXPONENTIAL; plot Value = MovingAverage(averageType, close, fastLength) - MovingAverage(averageType, close, slowLength); plot Avg = MovingAverage(averageType, Value, MACDLength); plot Diff = Value - Avg; def highermomentum = 1; def lowermomentum = 2; plot Momentum = if Diff < Diff < Diff < Diff < Diff < Diff then highermomentum else LowerMomentum;