Composite Index Divergence
See trend reversals before they happen with intelligent divergence signals
- Originally authored by Constance M. Brown in her thesis ‘The Composite Index: A Divergence Analysis Study’
- Predict the trend ahead of the crowd with precise entry and exit points
- Encodes momentum calculations to warn of trend reversals before they occur – correcting the RSI’s shortcomings
- Displays straightforward trading signals and visuals based on Brown’s divergence trading strategy
- Includes the convenient, easy-to-use Composite Index Divergence Market Analyzer Column for visualizing buy and sell signals in the Market Analyzer
- Actionable trading signals
- Fully customizable parameters to fit your time frame and approach
- Customizable levels, plots, and colors for all components
Get Yours Today! $127
Your Purchase will include instant delivery by email and free updates.
Once you purchase the product, you will receive a link to download the CompositeIndexDivergence.zip installation file. Use the following steps to install the indicator:
- Ninja Trader 8: In the Control Center go to Tools -> Import -> NinjaScript Add on and select the downloaded Zip file. Once installed the indicator will be available under Indicators -> TradingIndicators -> Composite Index Divergence. The Market Analyzer Column will be available in the Market Analyzer under Columns -> TradingIndicators -> Composite Index Divergence.
Does this indicator work with Bloodhound?
Yes absolutely. The Composite Index lines and Bullish/Bearish Divergence signals are accessible via Plots and therefore can be picked via Bloodhound.
Can I use this indicator to create my own strategies using the Strategy Builder?
Yes – since the Bullish/Bearish Divergence signals and Composite Index lines are accessible via Plots, you can access them via the Strategy Builder as well.
Is this an automated trading system?
No, this is an indicator which will help you in your discretionary trading approach.
Will the indicator expire?
No, the indicator is yours forever. No follow-up payments are required.
** Disclaimer **
Please be aware that Trading Indicators is not responsible or liable for any losses. Any products purchased are the intellectual property of Trading Indicators and as such may not be shared, resold or distributed without our explicit permission.