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Laurent  
#1 Posted : Saturday, October 22, 2005 7:53:29 AM(UTC)
Laurent

Rank: Newbie

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Joined: 10/22/2005(UTC)
Posts: 2

Hello, I wanted to backtest a trading system on the system tester but I have a problem finding the formula for a RSI divergence. I would need a formula for a positive divergence between the RSI and the prices (a serie of lower lows on the prices accompanied by a serie of higher lows on the RSI(14).) And a formula for a negative divergence between the RSI and the prices (a serie of higher highs on the prices accompanied by a serie of lower highs on the RSI (14).) I would really appreciate if you could help me with this matter.
wabbit  
#2 Posted : Saturday, October 22, 2005 8:36:45 AM(UTC)
wabbit

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Joined: 10/28/2004(UTC)
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Location: Perth, Western Australia

Was thanked: 16 time(s) in 16 post(s)
Try Jose's excellent Divergence V3 indicator, available for free download from: http://www.metastocktools.com/MetaStock/Divergence.txt
Laurent  
#3 Posted : Saturday, October 22, 2005 9:45:33 AM(UTC)
Laurent

Rank: Newbie

Groups: Registered, Registered Users
Joined: 10/22/2005(UTC)
Posts: 2

Thanks for the link Wabbit. I will try the formula you sent me (tomorrow) and let you know how it worked. I am a little new to this, so I might need further explaination latter on.
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