DeltaDivergence indicator for NinjaTrader

A very common request I receive for custom indicators and strategies is to include divergence. While divergence is easy for the eyes to see, it can be quite difficult to define in terms that are programmable. The Divergence Indicator for NinjaTrader utilizes a sophisticated algorithm to detect divergence, and eliminates some shortcomings of typical divergence indicators. It can be calculated using ANY indicator that you have in NinjaTrader (ex. RSI, MACD, Stochastic, or any custom indicators).

What is Divergence?

The simple definition of divergence is when price is moving in the opposite direction of a given indicator. Typically divergence is calculated using an oscillator type of indicator. Some common indicators used to detect divergence include the MACD, RSI, and Stochastic indicators. The image below shows an example of divergence using the MACD indicator, which is the blue line at the bottom of the chart. The indicator has drawn lines on the price chart connecting lower highs in price. Similarly, the indicator has drawn a line on the MACD chart connecting higher highs. Since price is making lower highs, and the indicator is making higher highs, we have divergence!

Here is another example of divergence, where price is making higher lows and the indicator is making lower lows.

There are 4 possible scenarios that we can use to find divergence:

Regular Divergence

• Price is making higher highs while indicator is making lower highs
• Price is making lower lows while indicator is making higher lows

Hidden Divergence

• Price is making lower highs while indicator is making higher highs
• Price is making higher lows while indicator is making lower lows

The Divergence Indicator for NinjaTrader will detect all types of divergence listed above, and plot color coded lines to allow you to easily identify different types of divergence.

Additional Features

• Typical Divergence Indicator’s have a delay of several bars before identifying a divergence pattern. The delay in this indicator is limited to 1 bar!
• Will calculate based on ANY indicator you have in NinjaTrader (ex. RSI, MACD, or any custom indicator)
• Filters allow you to easily identify which types of divergences generate the best trading opportunities
• Email and Audio alert notification of new divergence signals
• Customizable Plots
• And More…

No other products compare when it comes to detecting and analyzing divergence patterns in NinjaTrader!

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DeltaDivergence indicator for NinjaTrader

Delivery to your PayPal email address within 24 Hours of payment confirmation.

Market Sales Price: $199,but we sell lot more lower than that to share the opportunity with you!

Serving Professional Traders Since 2008

Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files