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Charting and Studies User Guide - CQG.com

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Page 548<br />

RsDiv Parameters<br />

Name Default Definition<br />

N 1 Number of divergence patterns that are needed to produce a<br />

signal. Most only need 1 <strong>and</strong> will not produce signals if<br />

increased.<br />

Period 5 Qualifies a propriety area within which signals do not have to be<br />

symmetrical.<br />

MA Period 1 This second period refers to the variable of the moving average.<br />

Setting it to a number beyond 1 means that the average is<br />

being used as the divergence tool <strong>and</strong> not the original indicator.<br />

RSI Period 9 Period of RSI.<br />

Lookback 25 Qualifies the lookback period for when divergence can occur<br />

within. Increasing the number will normally increase the number<br />

of divergence signals <strong>and</strong> for slow moving indicators should be<br />

raised from the default.<br />

ob 75 Reflects the fact that the study has a limit of scale, so the use of<br />

setting an overbought <strong>and</strong> oversold threshold acts as reset point<br />

where the current divergence process ends. Setting at 100 <strong>and</strong><br />

0 means no reset can occur.<br />

os 25 Reflects the fact that the study has a limit of scale, so the use of<br />

setting an overbought <strong>and</strong> oversold threshold acts as reset point<br />

where the current divergence process ends. Setting at 100 <strong>and</strong><br />

0 means no reset can occur.<br />

MA Type Sim Qualifies the type of moving average to be used.<br />

RsDivDn High Qualifies the relationship within the change in direction of the<br />

indicator <strong>and</strong> the subsequent bar value to be recorded at that<br />

point.<br />

RsDivUp Low Qualifies the relationship within the change in direction of the<br />

indicator <strong>and</strong> the subsequent bar value to be recorded at that<br />

point.<br />

Display Parameters<br />

Third-Party <strong>Studies</strong>

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