@blott: interesting, true. Is there an indi that automatically detects such RSI divergences? ...or manually only?
Last edited by kor4x; 08-08-2012 at 11:22 PM.
Finally found it :-)
Change the price in the indicator properties to ....
// 0 - Close
// 1 - Open
// 2 - High
// 3 - Low
// 4 - Median
// 5 - Typical
// 6 - Weighted
It looks good.... let me know what you guys think.
Thank you very much for your help and advice I really appreciate it.
On a M5 chart I do not really see any advantage of using two RSIs over an RSI set to close...maybe you are just using it for larger timeframes?