Rakesh, Thank you for the explanation.
I found an example here that could be useful to Gerard http://www.trading-naked.com/images/DailyFeaturedChart/dfc0206031.png Best regards Rakesh Sahgal a écrit : > > Reinsley - Hidden Divergence is a term used to refer to a scenario > where an indicator makes new hi/lo that is not confirmed by price action . > > Gerard the graphic you sent was quite interesting. The fact of the > matter is most times we don't get text book setups. The one you have > pointed out is almost as good as it gets. The trick is in the > recognizing i.e. being alert to the possibility that a setup might > come up in the near term and then having a trade execution strategy > that has suitable safeguards built into it. > > Regards > > > Rakesh > > > > On Sun, Dec 21, 2008 at 9:23 PM, reinsley <[email protected] > <mailto:[email protected]>> wrote: > > > Hi, > > >>Am I correct in my analysis that this constitutes bearish hidden > divergence, and the probability exists that the downtrend will resume? > > I don't know what you mean by "hidden", simply a divergence is : > the price makes a second top higher ( or flat at the same level ) > and the momentum's second top is lower ( weak ) > A downtrend could appear. > Sometimes there are three tops before the price collapse. > > > I know no rules concerning volumes. I can't say anything. > > BTW, it would be nice to draw automatically such divergence with an > AFL formula... > > Best regards > > --- In [email protected] > <mailto:[email protected]>, "Gerard Carey" <gcfina...@...> > wrote: > > > > I'm attempting to sharpen up my `Hidden Divergence' skills. > > The .doc attachment shows a recent period on the S&P500 chart > where I > > have attempted to define an instance of `Hidden Divergence'. > > I'd appreciate your comments as to my analysis. > > Also links to sites that have useful explanations. > > > > The .jpeg attachment shows the chart with greater clarity, but > without > > my waffle. > > > > Regds, good trading, and Merry Christmas, > > Gerard > > > > -- > > http://www.fastmail.fm <http://www.fastmail.fm> - Access your > email from home and the web > > > > > > ------------------------------------ > > **** IMPORTANT **** > This group is for the discussion between users only. > This is *NOT* technical support channel. > > ********************* > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail > directly to > SUPPORT {at} amibroker.com <http://amibroker.com> > ********************* > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ <http://www.amibroker.com/devlog/> > > For other support material please check also: > http://www.amibroker.com/support.html > <http://www.amibroker.com/support.html> > > ********************************* > Yahoo! Groups Links > > > (Yahoo! ID required) > > mailto:[email protected] > <mailto:[email protected]> > > > > >
