Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

Delta Divergence

Recommended Posts

Credit and thanks goes out to Blu-Ray for developing this indicator. The original post can be located here.

 

" It's based on the High of Day and Low of Day, I've also coded it with the alerts to fire off when a divergence appears.

 

Note: when testing it today, Alerts were really annoying within the first 15-30 minutes of the day, as they kept firing off when the market is finding it's range. ( Maybe that was my fault because I was testing it on 5 different symbols ;) )

 

Also coded it up into a "Show Me", so it will plot a dot with the relevant color when a divergence appears. However, I've coded this one up to fire off as soon as the next bar starts. As what would happen, it would plot a dot when divergence started to appear within a bar, but by the time the bar finished and there was no divergence the dot would still be there.

 

Note: to anyone unfamilar with this indicator, it will only work on LIVE data ( not historical )"

 

Screenshot is attached.

DELTA_DIVERGENCE.ELD

DELTA_DIVERGENCE_SM.ELD

5aa70e36e1461_DeltaDivergence.thumb.png.0060f406c051cc5bdfe4ed71bc1ecb2e.png

Share this post


Link to post
Share on other sites

I am using a 1 min and a 144 tick chart. I had it on for a day and did not get any divergences on the ym charts. What am I doing wrong here. If you do it on volume how do you plot it on a tick chart.

Thanks

Share this post


Link to post
Share on other sites

Hi I"m trying to download the ELD for thr DELTA DIVERGENCE INDICATOR and everytime I click on the document I got A message that I'm trying to edit someone else post or not logged in.Can anyone tell me how can I get this indicator in any other way.?

Sorry I'm new user and just don't know.

Thanks for any help:doh:

Share this post


Link to post
Share on other sites

hi-- great looking indicator-- thanks! i am trying to use this on a tick chart and so far have not seen any dots/divergences on the chart. is it possible i don't have parameters set correctly, or does it not work on tick charts? thanks...

Share this post


Link to post
Share on other sites
have not seen any dots/divergences on the chart... does it not work on tick charts? thanks...
You were not specific with your symbol and tick setting and datafeed source, but it should work with tick charts if the symbol traded a few times at higher higher (HH) or lower lows (LL) with respect to the HOD or LOD, respectively.

 

For example the attached showed about a dozen DD (Delta Diverg.) this AM with the ESH08 189 tick, TS data feed. A trader wouldn't have been very successful buying the DD (shown blue) for the first 10 signals or so. However, the signal could be useful in combination with other trend determination.

5aa70e39ca915_ESDD2008-02-04_133553.png.542c28954ce5473b1bea95da038aa59b.png

Share this post


Link to post
Share on other sites
You were not specific with your symbol and tick setting and datafeed source, but it should work with tick charts if the symbol traded a few times at higher higher (HH) or lower lows (LL) with respect to the HOD or LOD, respectively.

 

For example the attached showed about a dozen DD (Delta Diverg.) this AM with the ESH08 189 tick, TS data feed. A trader wouldn't have been very successful buying the DD (shown blue) for the first 10 signals or so. However, the signal could be useful in combination with other trend determination.

 

Thanks I think I got it working--- I noticed you are using the front month on the ES and I have been using the Continuous so that may have been the problem... thanks for the pic!:)

Share this post


Link to post
Share on other sites

Apologies if this has already been covered but does the divergence indicator in this thread calculate a divergence in the same way as this video

 

http://blog.marketdelta.com/index.php?s=Divergence&submit=

 

I am not a TS indicator expert but if blue ray is able to say whether any of the posted indicators is capable of being edited. The video seems to look in particular at lows in a range and then applying the divergence related to that position.

 

This forum is excellent (sharing of practical information). I think it was in the forum that I only recently realised ninjatrader had such good charting and flexibility in processing data.

 

Best regards

 

Ian

Share this post


Link to post
Share on other sites
Apologies if this has already been covered but does the divergence indicator in this thread calculate a divergence in the same way as this video

 

http://blog.marketdelta.com/index.php?s=Divergence&submit=

 

I am not a TS indicator expert but if blue ray is able to say whether any of the posted indicators is capable of being edited. The video seems to look in particular at lows in a range and then applying the divergence related to that position.

 

This forum is excellent (sharing of practical information). I think it was in the forum that I only recently realised ninjatrader had such good charting and flexibility in processing data.

 

Best regards

 

Ian

 

 

Ian

 

Yes it is exactly the same and it's FREE !

 

Cheers

 

Blu-Ray

Share this post


Link to post
Share on other sites

Great Blu-Ray and many thanks as watching that video I understood what the logic was trying to do (painting a divergence where it might matter). I understand that it has to run real time so I will watch it over the next few days to get acquainted with its action.

Share this post


Link to post
Share on other sites

Hi Blu-Ray,

I see that you developed the Delta Divergence indicator for TS. I use NinjaTrader and was wondering if I could get a textfile of the EL code, so that I can port it to NinjaTrader.

Please feel free to give me a flat "no" if this is an imposition.

 

Thanks

Share this post


Link to post
Share on other sites
Hi Blu-Ray,

I see that you developed the Delta Divergence indicator for TS. I use NinjaTrader and was wondering if I could get a textfile of the EL code, so that I can port it to NinjaTrader.

Please feel free to give me a flat "no" if this is an imposition.

 

Thanks

 

NO !! ...................... ;)...... lol... only joking, here you go :

 

inputs:

UpColor(Green),

DownColor(Red),

UpDivergence(Blue),

DownDivergence(Magenta);

 

variables:

 

MyVol(0), LL(0),HH(0),

Color(yellow),

intrabarpersist MyCurrentBar(0),

intrabarpersist VolumeAtBid(0),

intrabarpersist VolumeAtAsk(0),

intrabarpersist BAVolDiff(0),

intrabarpersist VolTmp(0);

 

if date <> date[1] then begin

LL = low;

HH = High;

end;

 

if Low < LL then LL = Low;

if High > HH then HH = high;

 

 

 

if LastBarOnChart then begin

MyVol = Iff(BarType < 2, Ticks, Volume);

if CurrentBar > MyCurrentBar then begin

VolumeAtBid = 0;

VolumeAtAsk = 0;

BAVolDiff= 0;

VolTmp = 0;

MyCurrentBar = CurrentBar;

end;

if InsideBid < InsideAsk then begin

if Close <= InsideBid then

VolumeAtBid = VolumeAtBid + MyVol - VolTmp

else if Close >= InsideAsk then

VolumeAtAsk = VolumeAtAsk + MyVol - VolTmp ;

end;

if VolumeAtBid > 0 and VolumeAtAsk > 0 then BAVolDiff= VolumeAtAsk-VolumeAtBid ;

VolTmp = MyVol ;

end ;

if BAVolDiff<= 0 then color = DownColor else color = UpColor;

 

plot1(BAVolDiff, "BAVolDiff", color);

Plot2( 0, "ZeroLine" ) ;

 

if low = LL and BAVolDiff> 0 then begin

setplotcolor(1,UpDivergence);

Alert( "New Low_Bid/Ask_Divergence");

end;

 

if high = HH and BAVolDiff< 0 then begin

setplotcolor(1,DownDivergence);

Alert ("New High_Bid/Ask_Divergence");

end;

 

 

Hope this helps

 

Blu-Ray

Share this post


Link to post
Share on other sites

Astro there are a whole bunch of Ninja 'delta' type indicators (as there are TS ones :)). I don't recall there being any that do divergence but it would probably be easier to use one of those as a starting point. I believe they are filed under 'buy sell' in the Ninja indicator section of the forum.

Share this post


Link to post
Share on other sites

Thanks you Bluray for developing this indicator. I have been using it so far on 20 min currency futures charts and like what I see.

 

I wanted to change the color of the blue show me dot to a color that I can see better on my chart. I have tried changing the color on both the Input tab, and under the color tab and I have not had any luck. Should Updivergence and Down divergence both be the same color under both tabs? I have tried this and havent had any luck. Any insight into this would be appreciated very much.

 

Bluray thaks again to the contributions you have made to this site.

 

Scott

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.