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Studies: Why does it take Divergence so long to show? (1225)

Q: I love this indicator but for the most part one cannot use it. I am running a 70R chart with divergence on an Ergotic. I understand you have to wait for the bar to print but not 3. The price bars were going straight up. Why does it take so long for the indicator to show?

A: The divergence tool waits to see that a point under consideration is indeed a swing point. For this we wait for two additional bars to complete to see that they are higher for a low swing point or lower for a high swing point. Until a turn is confirmed, you have study values that are in transition. The implementation is a good one in spite of your wishing it could show the results immediately.

Last modified 1/23/08 1:19 AM