The attached CII indicator is amazingly accurate at predicting reversal points when it diverges with price (and with an RSI (14)). I would love to have it draw lines to show the divergences with price.
Here is what would make it great:
1. Draw divergence lines on the indicator Yes/No
2. Draw divergence lines on price Yes/No
3. Draw regular divergence lines Yes/No
4. Draw hidden divergence lines Yes/No
5. Alert when divergence appears Yes/No
6. Determine divergence based on High or Low in Price / Closing Price
7. Be able to change line color and style
Attached is an RSI Divergence finder as an example of what I would like.
Here is what would make it great:
1. Draw divergence lines on the indicator Yes/No
2. Draw divergence lines on price Yes/No
3. Draw regular divergence lines Yes/No
4. Draw hidden divergence lines Yes/No
5. Alert when divergence appears Yes/No
6. Determine divergence based on High or Low in Price / Closing Price
7. Be able to change line color and style
Attached is an RSI Divergence finder as an example of what I would like.
Attached File(s)
CII.mq4
3 KB
|
677 downloads
CII.ex4
4 KB
|
553 downloads
RSI_Divergence_v2.ex4
12 KB
|
532 downloads