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Trying to write a 'divergence' indicator

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    Trying to write a 'divergence' indicator

    Need to write an indicator that compares the slope of two moving averages.

    If the indicator is positive then the faster moving average is leading the slower one.

    I need to determine if a moving average or is headed up or down.
    But Best way to do this ?

    Create another average of that indicator (2 period) and that has a positive or negative value,

    or just computer the prior value to the current value?

    Can I create an indicator of an indicator?

    #2
    DancesWithBears, you surely could create indicators running on indicators, as most of them accept a DataSeries object as input series.

    But for your need, Rising() and Falling() should do it -



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      #3
      I created an indicator and a strategy for the same....

      Check here....

      I hope this works for you.... good luck!
      Last edited by isitpossible; 11-22-2015, 09:14 PM.

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        #4
        Hello, could you create a divergence indicator for me showing divergences between price and the double stochastics? Thanks,Dennis

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