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Precision Trading Systems is now a registered NinjaTrader vendor partner.

Precision Divergence Finder for NinjaTrader 7 conceptualized by Precision Trading systems in 2009  

 

 

The power of Demand index is put to its best use when measuring divergences between itself and the price data series.

 

When we see a weakening of prices that are making new lows and the Demand Index is not making a new low this known as a bullish divergence

 

The Precision Divergence finder harnesses the true power of Demand Index and removes all the hard work of visually measuring these divergences.

 

  • See when the professional traders are quietly trying to buy stock without showing their hand

  • Measures a multitude of divergences and only flags up when significance is evident.

  • Observes 20 different look back periods of Demand index simultaneously at blinding speed

  • Calculations over a whopping 200 bar range of prices

  • Computes a consensus of how many divergences are occurring on any given bar.

  • Gives you a simple at a glance reading between 0 - 20 showing the strength of signal FAST

  • Can be used in signals and systems

  • Adjustable sensitivity settings

  • Adjustable core Demand Index Lengths

This indicator does a lot of hard work behind the scenes.

 

  • It seeks out divergences on 20 look back periods of Demand Index indicators simultaneously

  • Users can adjust the period of demand index length for total flexibility.

  • The reading output will be between 0 ( no divergences ) to 20 maximum number of divergences.

  • The "diff" input which is set to 3 by default looks for a 3 point difference in the demand index over each look back period

  • Discerning users can set this value to a much higher value and this will make the indicator only show up the very strongest readings.

  • Diff settings can be made below 1 to show up every little instance of a divergence that occurs.

Buy Precision Divergence Finder for NinjaTrader7 $225 for a 10 yr license, or you get a 1 month trial for $65

 

 

 

Precision Divergence Finder for NinjaTrader 7 shown below on recent data (Nasdaq  Futures)

This indicator measures the number of divergences found ( out of a maximum of 20 ) you can see the reading above shows 6 on 11/3 which indicates that six divergences occurred and on 11/7 there was one divergence.

 

The shot above of the E-mini Dow futures shows two single divergences side by side and another single divergence in the middle of the screen.

Buy Precision Divergence Finder for NinjaTrader7 $225 for a 10 yr license, or you get a 1 month trial for $65

 

 

Above we can see two divergences occured simultaneously on USD/JPY which heralded a large intra-day rise.

                                   Ideally this indicator is best as an entry signal that is confirmed by something else.

Exits are best done with a trailing stop which has a logical trend following exit.

 

Precision Divergence Finder can often help you pinpoint tops and bottoms with amazingly high accuracy

Above we can see a single divergence occurred on BBBY which clearly indicated a new low that was not confirmed by Demand Index.

Above we can see a single divergence occurred on BBBY on 11/29  which is confirmed by one of the more reliable candlestick signals. Note the huge up gap in the data, know as a rising window in Japanese candlestick terminology. The quantification logic of a rising window is very simply that the upgap was caused by a very large pre market buy order. He could not get as much stock as he wanted, thus the buyer returns at the 59.25 level to pick up more stock. The is beautifully confirmed by the divergence seen as strength 3 on the Precision Divergence finder, making it a high probability entry signal.

Which markets can Precision Divergence Finder be used on?

  • Futures            
  • Stocks               
  • Bonds                
  • Forex            
  • Forex Futures   

Which markets cannot be used with Precision Divergence Finder?

  • Indices without volume
  • Any market with no volume

Buy Precision Divergence Finder for NinjaTrader7 $225 for a 10 yr license, or you get a 1 month trial for $65

 

Precision Divergence finder is one of the multitude of indicators which are comprised within the Pi-Osc below

 

List of other paid and free products from Precision Trading Systems.

 

 

 

Precision Divergence Finder for NinjaTrader7

Price $225  (Pay-Pal)  10 year license

Price $65  (Pay-Pal)  1 month trial license

Stocks, Futures, Bonds, Forex, Real-time and Static data  

 

Buy Precision Divergence Finder for NinjaTrader7

 

Author: Roger Medcalf of Precision Trading Systems. (Protected code) Making life simple for traders.

 

 

 

 

 

 

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