Traditionally, divergence is quantified by taking the relationship between the high in an uptrend and low in a downtrend and… more
Divergence
Whilst POPS (Price makes a nine-bar high, or low and the RSI makes a three-bar high or low) and UFO (Price makes a 9 Bar high… more
Divergence can be likened to being able to see an eel in clear water. It's highly visible but try picking it up and holding on.… more
A long time ago, I wrote two articles about divergence for our CQG blog that are probably still worth reading. Especially in the second article, I was using peaks on the indicators to measure… more
A couple of months ago we looked into CQG's built-in Divergence Index and how to use it.
Following up on this topic, I want to show a much simpler approach using the Formula Toolbox.
… moreIn this article, we will review a CQG indicator that has been available for many years and is still very relevant. It is possible to find divergence using the CQG formula toolbox, but it usually… more