divergence strategy

[raycam]

NT7:5
Hi- I am trying to work out a way of developing a condition whereby the high of a stochastic (x) bars ago is lower than the high of a stochastic in the current bar. My second condition will be the close of price being higher than that of the (x) bars ago.. therefore giving me a picture of divergence.
IS there a way to accomplish that in NT 7?
I have tried nesting "swing" into the stoch- and now I'm confused.
Thanks
raycam

[NinjaTrader_JoshP]

raycam,

This works just like how it did in 6.5. Not sure what you mean by high of a stochastics though. Stochastics has a D plot and a K plot. You would need to choose which plot you want to use and then do something like this:

This compares the D plot's current value versus D plot's value 5 bars ago. It also requires the close price of the current bar to be greater than the close price of 5 bars ago.

if (Stochastics(some parameters).D[0] > Stochastics(some parameters).D[5] && Close[0] > Close[5])

[raycam]

I use a stochastic "k" to watch the "wave motion" for divergence. By that I mean if the trough of a K "wave" is higher this time than the previous as well as price being lower at the same point- it can be a sign of divergence and a possible buy opportunity.
What I am asking is how can I code in a "wave trough or peak"?
thanks
raycam

[NinjaTrader_JoshP]

Same concept as posted earlier, but just use your K plot instead. You want to check index [0] versus [5] for your divergence. The 5 index can be any other index you want.