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DIVERGENCE INDEX


Divergence Index

04/02/00 02:19:42 PM
by Jason K. Hutson

Divergence Index

Security:   N/A
Position:   N/A

where
Hc = High at the current peak.
Hp = High at the previous peak
Hh = Highest high from the previous to the current peak
Hl = Lowest high from the previous to the current peak
Ic = Indicator value at the current peak
Ip = Indicator value at the previous peak
Ih = Highest indicator value from the previous to the current peak
Il = Lowest indicator value from the previous to the current peak

 
Ic = Indicator value at the current trough
Ip = Indicator value at the previous trough
Ih = Highest indicator value from the previous to the current trough
Il = Lowest indicator value from the previous to the current trough
Lc = Low at the current trough.
Lp = Low at the previous trough
Lh = Highest low from the previous to the current trough
Ll = Lowest low from the previous to the current trough



Jason K. Hutson

Traders.com Staff Writer. Enjoys trendlines, support and resistance, moving averages, RSI, MACD, ADX, Bollinger bands, parabolic SAR, chart formations, and volume analysis.

Title: Industrial Engineer
Company: Technical Analysis, Inc.
Address: 4757 California Ave SW
Seattle, WA 98116
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Website: Traders.com
E-mail address: JasonHutson@Traders.com

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