Trader 2. If you change the RSI to ROC, you can see the
divergence better. I persoanlly like this better for spotting
divergence on the daily charts. Try back testing it on some
chaarts going back 6 months and you will see how well it works at
spotting turning points. This also works very well on DUG
right now. (Indicating an UP move) FinaM
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Trader 2. If you change
SWC
Posted by finam on 24th of May 2008 at 06:32 pm
Trader 2. If you change the RSI to ROC, you can see the divergence better. I persoanlly like this better for spotting divergence on the daily charts. Try back testing it on some chaarts going back 6 months and you will see how well it works at spotting turning points. This also works very well on DUG right now. (Indicating an UP move) FinaM