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Discussion of article "A New Approach to Interpreting Classical and Hidden Divergence"

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MetaQuotes Software Corp.
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MetaQuotes Software Corp.  

New article A New Approach to Interpreting Classical and Hidden Divergence has been published:

The article considers the classical method for divergence construction and provides an additional divergence interpretation method. A trading strategy was developed based on this new interpretation method. This strategy is also described in the article.

Hidden Divergence

In this figure, we can clearly see the upward market, but MACD has formed a new low, which is not confirmed by the price chart. This discrepancy hints at the presence of a hidden bullish divergence and indicates the strengthening of uptrend. 



Author: Alexander Lasygin

cesande
192
cesande  

Thanks very much for this article. Is there any way that anyone can code the indicator for mq4 ?

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