Alchemy Ultimate Divergence Machine
Available from Alchemy Trading Technologies Inc.
The Alchemy Ultimate Divergence Machine can be used to detect divergence between price and any specified oscillator, between 2 different price series or between 2 specified oscillators. Some of the unique features of this indicator are: Divergence can be specified as regular divergence; divergence can be specified as opposite divergence or reverse divergence; divergence can be displayed as show me dots above/below price or it can be plotted as oscillator with its corresponding divergence dots; either, divergence pivot and previous pivot that the divergence is measured from can be displayed and the indicator can connect the 2 price pivots with trend lines.
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