jack1199 5 posts msg #50985 - Ignore jack1199 |
4/10/2007 2:33:41 PM
I'm sure that someone has put together some good RSI Price divergence filters but I can't seem to find one and the attempts that I have made regarding building one have not been that great. Any assistence would be appreciated.
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rtucker 318 posts msg #50989 - Ignore rtucker modified |
4/10/2007 4:07:14 PM
Here is one way of doing it. Also, a good thread/filters on this subject has been "popped to the top" in the general discussion section.
Note: a disclaimer before the "divergence police" jump all over this filter.
It lets in many that are not showing divergence. You have to do the brutally hard work of looking at a hundred or so charts and tossing most out.
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jack1199 5 posts msg #51000 - Ignore jack1199 |
4/10/2007 10:39:50 PM
Thanks for your response. I finally found a very good one that Wall Street Genius posted on 10-14-06. This filter works very well with most stocks on the screen being very obvious which is what I was trying to accomplish.
Now all I have to do is do some research and determine whether the concept can be profitable.
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