Ultimate Divergence Indicator

Originally from ticket #2447.

Dear Sirs,
If you were using the MACD as your only indicator along with your Divergence Indicator on 30 min and less charts, which settings would you recommend starting with to pick most of the major turning points?
I trade stocks and ETF’s all on the lower time frames. Thanks for any assistance you can offer. By the way I think you have one of the best products on the market. I tried Arps divergence indicator and it
did not function any where near what yours does, not to mention they are very proud (expensive) of it.
Thanks, Lonnie 

ANSWER

Thank for the compliment.

I guess if you are looking for High To Low divergence and reversals at highs or lows then you could set the divergence mode to Hi to Low
and the study to MACD.

Then it would be a case of going through the variable settings on chart and seeing which makes sense to you graphically

Settings:

http://screencast.com/t/xOhkAiJYHy

run through the settings for divergence filter and see what you prefer

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