New answers tagged technical-analysis
0
Trendline comparison is a visual comparison.
An indicator for testing for divergence would be quite simple because it's a merely comparison of two slopes with opposing slopes offering the result that you seek, aka convergence or divergence.
It's quite easy to determine the trendline of a finite set of data. Also easy for a but with a large set of data. ...
3
Welcome new user,
It would be meaningless to discuss the arcane details of some particular supposed stock method on a "general" list like this which provides "answers".
You'd have to find a group that literally discusses nothing but candlestick charts. Amongst that group, you would get broad-ranging discussion on whatever the issue is. ...
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More than 40 years ago, short, medium and long term referred to daily, weekly and monthly data. By the 1980s, the time frames evolved to hourly, daily and weekly and in the recent decades, even as short as ticks.
Bollinger studied the evolution of trading bands, starting 100 years ago with LeDoux's ROBOT charts, Keltner's Ten Day Moving Average Rule (1960), ...
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