Divergence thinkscript

$0.00

  • Chart net differential between closing price & the 20 SMA
  • Definitive histogram depiction reflecting stretched pricing based on thw 20 sma
  • Shows insight into when a change in trend may occur
  • Includes detailed instructions on how to insert and customize on your thinkorswim platform

Details

Created by ShadowTrader Time Spread adivisor, Scott Gillam. It provides an essential edge for ascertaining possible “stretch points” as to where an issues price may be coming into a change in trend or back to a mean level.

Typically looked at on a daily chart, yet the granularity is scalable to other time frames effectively.