StockFetcher Forums · Filter Exchange · DMA conv/dev<< >>Post Follow-up
18 posts
msg #41663
Ignore AfricaFund
3/1/2006 9:11:19 PM

trying to create a convergence/devergence indicator out of the daily and weekly DMA. having a tough go of it though.... here's my feeble attempt, any ideas? 0 should be at the weekly DMA line with the daily oscillating around it - no such luck so far....

set{DMACD,DMA(28,-14) - weekly DMA(28,-14)}
draw DMACD

745 posts
msg #41664
Ignore maxreturn
3/1/2006 10:13:14 PM

You're doomed to fail if you use a backwards offset indicator. Think about it.

2,824 posts
msg #41679
Ignore nikoschopen
3/2/2006 12:50:45 PM

set{dmw,weekly DMA(28,-14)}
set{DMACD,dm - dmw}
draw dm on plot dmw
draw DMACD

StockFetcher Forums · Filter Exchange · DMA conv/dev<< >>Post Follow-up

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