For Constance Brown-like analysis with divergence signals between price and indicator (i.e. stock close / RSI divergence) Using two different lines: an indicator high line for bearish, and an indi low line for bullish divergences For your individual studies, choose your indicator and replace rsi in line 10 with it, any thing else is auto. Script bottom: optional comparison linse addable Note1: The script only shows divergences to recent pivots, not between actual pivot and one "a few pivots ago" Note2: Though reversal predictions with the example of SPLK here are quite good, in general better results are obtained with un-normalized indicators.
Excellent work my friend. Rendering divergences like this (as a line across time) is far more useful and applicable.
I'm looking forward to seeing more of your work. Keep it up!
dep0tyoxxx
⋅
@chrysopoetics, thx for the flowers! (Your Pic from a Hitchcock movie?)
chrysopoetics
⋅
@dep0tyoxxx, not too sure to be honest. I do know that it's a print by a woman called Eugenia Loli and that the title of the piece is called "Gold Digger".
I'm looking forward to seeing more of your work. Keep it up!