nkhaladkar 5 posts msg #162159 - Ignore nkhaladkar |
9/6/2026 10:41:31 PM
Hello,
Has anyone written a filter that would identify a positive or a negative divergence between the price trend and the corresponding indicator (RSI, MACD, etc.) over a specified period? For example, if over a period of 30 days, stock XYZ has been trending lower, while the indicator-MACD has been rising, resulting in a positive divergence between the the two, This may suggest a potential upside reversal of the price trend. Similarly, a negative divergence, meaning rising prices and dropping MACD values would suggest a potential downside price reversal.
Any suggestions from the Forum to write such a filter would be greatly appreciated.
Nick K.
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