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Thread: Divergence Arrows

  1. 04-02-2009 14:32 #1
    funyoo
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    Default Divergence Arrows



    A simple divergence indicator.

    You can see the divergence with another pair.

    If the last low of this second pair is lower than the previous low and it is not the case on the current pair, then an up arrow will appear.

    If the last high of this second pair is higher than the previous high and it is not the case on the current pair, then a down arrow will appear.
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  2. 01-07-2010 02:49 #2
    dryclean
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    On a long, buy the pair that did not make the new low up arrow

    On the short, sell the pair that did not make the new high down arrow

    would this be the way to play this?
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