|Trading Style:||Divergence / Pairs Trading|
|Market:||Any (Stocks, Futures, Forex, Options...)|
|Time Frame:||Any (Tick, Minute, Daily, Weekly...)|
|Guarantee:||30 Day Money Back Guarantee|
|Bonus:||Includes a FREE copy of Fixed Length Divergence Indicators|
Save $50 when you purchase both our standard divergence and hidden divergence indicator sets together. Click here for details.
Standard Divergence Indicators for TradeStation
Divergences occur when two values, typically market prices and an associated indicator, move in opposite directions. Divergences are measured between swing/pivot points in price. A standard bullish divergence occurs when the market makes lower lows while the indicator moves higher over the same time period. And a standard bearish divergence occurs when the market makes higher highs while the indicator moves lower over the same time period.
We have developed a set of TradeStation indicators that can be used to identify standard divergences (aka regular divergences) by automatically detecting price swings and comparing them against any indicator available in TradeStation easylanguage, including custom indicators you may have programmed yourself. In addition to detecting standard divergences which occur between two market swing points the divergence indicators can also search for, and alert you to, divergences as they develop on the current bar in real-time.
The standard divergence indicator set also includes a FREE copy of our fixed length divergence indicators which we feel compliment our standard divergence indicators.
100% Money Back Guarantee
You can try these TradeStation indicators for 30 days risk free and evaluate them for yourself. If after purchasing these indicators you decide they are not right for you just let us know within 30 days for a full refund.
The intraday chart of GOOG shows the standard divergence indicator set to detect divergences between market prices and the CCI indicator. Bullish divergences are shown in yellow while bearish divergences are in red.
The standard divergence indicator being used in the AA chart below is set to detect divergences between price and MACD.
Our divergence indicators have been designed to be flexible and include multiple settings but most importantly are not limited to a specific market or indicator. You can use our divergence indicators to detect divergences with MACD, RSI, stochastic or any other indicator available in TradeStation EasyLanguage, even custom indicators. You can also use our divergence indicators to detect divergences between two markets if you wish. Particularly useful for pairs traders
Identifying price swings in the market being traded is not restricted to just one type of price swing. You can detect price swings using any market price, like the high or low, not just the closing price. You can also adjust the strength of each price swing used for measuring divergences.
Each divergence indicator comes with the option to set a minimum requirement for both price and indicator values. Using these options you can filter out weak divergences, like when prices have only fractionally decreased when an indicator has risen over the same period. While technically this setup could be called a bullish divergence the minor increase in price would deter most traders from giving much attention to this divergence. By using the minimum requirements you can automatically discard weak divergences and focus on stronger divergences.
In addition to identifying divergences between price swings the standard divergence indicator can be used to detect real-time divergences as they start to form on the current bar, without the need to wait for the second price swing to form allowing you to detect and take advantage of divergences early.
In addition to the trend line divergence indicators the divergence indicators are also provided in the form of TradeStation showme indicators.
When applied to a RadarScreen the standard divergence indicator provides extra information in additional to displaying the current market and indicator values.
Standard Indicator Features
TradeStation EasyLanguage Functions
All our indicators are provided in the form of a TradeStation EasyLanguage function. Easylanguage functions allow you to incorporate our indicators as part of your own TradeStation strategies and indicators.
You should expect to receive your order within 1 working day via email.
|100% Money Back Guarantee
These TradeStation indicators come with a 30 day money back guarantee. During the first 30 days after purchasing these indicators you can use and evaluate these indicators as much as you like. If after purchasing these indicators you decide they are not right for you just let us know within 30 days for a full refund.
Continued Support and Updates for a Minimum of 12 Months
All our products include full support and updates for at least 1 year so if you have any problems or require any additional information you can contact us for assistance.
If you have any questions about this, or any other product we offer, please contact us.
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