Ultimate Divergence Indicator

QUESTION

Other than the 34 zone settings, that I understand, what other settings can I control? How many of each setting and what do they control, or change?

ANSWER

You can change every parameter -
First of all check and set "MT Zone Setting ID"=0
This one of the common properties for presets as discussed in the help guides at:
http://help.microtrends.co/common_indicator_properties.htm

Params
Divergence Filter: 0 to 31 - Using Bitwise Flags 1,2,4,8,16 so to turn on 1 and 2 - add them together. This allows you to have a combination of different rules.
Divergence Filter Mode HiLo: use the bar, or the high and low of the day to compare to - for divergence
Divergence Filter Period: A generic parameter that will set any of the indicator/strudies period parameter - for example if you comparing to a CCI 9 - then Divergence Filter Period=9
Divergence Filter Smooth: Smooths the divergence indicator
Divergence Filter Smooth Study: Smooths the divergence indicator dataseries
Divergence Filter Study: Select the indicator or price from this list - eg CCI = 0

Add the indicator MT Divergence to a chart -
So you can view and read its parameter list as detailed here:
Param List
http://screencast.com/t/kgKiEhSn

Select a study
Select the indicator you would like to check for Divergence from within the MT Divergence parameterlist.

They are listed in the indicator parameter description for the parameter "Divergence Filter Study":
http://screencast.com/t/dnu4fpsEXIx

To assist you lets assume you are interested in a CCI indicator divergence study.
So set "Divergence Filter Study" = 0

Then you can experiment with the different types of divergence measurements,
you do this by reading the param Divergence Filter There a number of modes 1,2,4,8,16
Set this parameter to that setting and then click apply to see the effect

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums