Divergence line plotting?

[5iver]

Hi,

I use Ensign Windows charting software as a supplement to Ninja. They have a study called simply "Divergence" which will identify and plot divergences (as lines) between price and an indicator of the user's choosing (In the example attached it's between price and the %D of a stochastic, but it could just as easily be the %K or any other active indicator property).

Is there anything like this available for Ninja, and if not, is it feasible to do? How might a non-coder like myself initiate getting such a thing scripted?

Many thanks in advance.

5iver

[NinjaTrader_Ben]

Hello,

There is a divergence indicator in this forum under file sharing>indicators.

[5iver]

Thank you Ben, I'd already messed with that when I posted but it just seemed too cryptic -- I couldn't make it do what I need, which is to plot sloping lines between divergent peaks on price and indicator properties... I will of course revisit it and see if there's something I missed first time.

Thanks

5iver

[NinjaTrader_Ben]

Hello,

I know what you are looking for, and I have not seening it on our forum and I do not have one.

The indicator I sent you to does not plot the lines, only dots when something diverges.

[anachronist]

Thank you Ben, I'd already messed with that when I posted but it just seemed too cryptic -- I couldn't make it do what I need, which is to plot sloping lines between divergent peaks on price and indicator properties... I will of course revisit it and see if there's something I missed first time.

I think all that one does is plot dots where it sees divergences. If I recall, that code should retain a history of the highs and lows that created the divergence. If you know that, you should be able to call DrawLine() between the appropriate endpoints.
-Alex

[NinjaTrader_Ben]

Hello,

Yes, the indicator is possible to create, it just hasn't been posted on the forum yet that I know of.