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Date: Thu, 22 Mar 2007 10:55:28 -0400
Subject: [MT_E and I] Reverse divergence
Reply-To: MetaTrader_Experts_and_Indicators@yahoogroups.com
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<DIV>
<DIV><FONT face="Arial" size="2">Hello Ben,</FONT></DIV>
<DIV><FONT face="Arial" size="2"></FONT>&nbsp;</DIV>
<DIV><FONT face="Arial" size="2">Thank you for your note.</FONT></DIV>
<DIV><FONT face="Arial" size="2"></FONT>&nbsp;</DIV>
<DIV><FONT face="Arial" size="2">Both authors definition and chart examples are 
identical and do not differ.&nbsp; Page one of Pring's article in fig.s 1 
(reverse negative)&nbsp;and 2 (reverse positive)&nbsp;show the appearance 
of&nbsp; reverse divergences.&nbsp; Compare the examples provided by Star in Fig 
1 and 2 (reverse positive ) and 4 and 5 (reverse negative).&nbsp; Star's 
definition:&nbsp; "...seek higher&nbsp;PRICE&nbsp;lows accompanied by lower 
INDICATOR values during up moves and lower PRICE</FONT></DIV>
<DIV><FONT face="Arial" size="2">highs accompanied by higher INDICATOR values during 
down moves.", page two of the article.</FONT></DIV>
<DIV><FONT face="Arial" size="2"></FONT>&nbsp;</DIV>
<DIV><FONT face="Arial" size="2">Pring's definition under fig. 2 for RND is: "The 
price makes its high at point A, then makes a lower (price) high at point B, but 
the oscillator makes a higher high at B."&nbsp; Pring defines reverse positive 
divergence in&nbsp; fig. 3.&nbsp; Both authors definition describe the same 
event and are in agreement with A. Cardwell's article and definition of this 
divergence.</FONT></DIV>
<DIV><FONT face="Arial" size="2"></FONT>&nbsp;</DIV>
<DIV><FONT face="Arial" size="2">I do not want anyone to be left with the impression 
that these two articles are inconsistent with each other.&nbsp; On the contrary 
they are absolutely consistent and present identical chart examples of each 
RD.</FONT></DIV>
<DIV><FONT face="Arial" size="2"></FONT>&nbsp;</DIV>
<DIV><FONT face="Arial" size="2">Loren</FONT></DIV></DIV>
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	font-size: 77%;
}
#ygrp-sponsor #ov li a{
	text-decoration: none;
	font-size: 130%;
}
#ygrp-sponsor #nc {
  background-color: #eee;
  margin-bottom: 20px;
  padding: 0 8px;
}
#ygrp-sponsor .ad{
	padding: 8px 0;
}
#ygrp-sponsor .ad #hd1{
	font-family: Arial;
	font-weight: bold;
	color: #628c2a;
	font-size: 100%;
	line-height: 122%;
}
#ygrp-sponsor .ad a{
	text-decoration: none;
}
#ygrp-sponsor .ad a:hover{
	text-decoration: underline;
}
#ygrp-sponsor .ad p{
	margin: 0;
}
o {font-size: 0; }
MsoNormal {
   margin: 0 0 0 0;
}
#ygrp-text tt{
  font-size: 120%;
}
blockquote{margin: 0 0 0 4px;}
replbq {margin:4}
-->
</style>
</head>
<!--~-|**|PrettyHtmlEnd|**|-~-->
</html><!--End group email -->





No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.446 / Virus Database: 268.18.17/730 - Release Date: 3/22/2007 7:44 AM


