Implement Momentum Divergence Signals #3

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kenorb opened this issue Mar 22, 2020 · 0 comments

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kenorb commented Mar 22, 2020 •

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Momentum Divergence is a very simple but powerful concept in technical analysis. A bullish divergence occurs when prices are making lower lows, but the Momentum indicator (or other oscillator) is making a higher lows. On the same line of thinking, a bearish divergence occurs when prices are making a higher high, but the Momentum indicator (or other oscillator) is making a lower high.

Refs: https://forextraininggroup.com/understanding-trading-momentum-indicator/

kenorb added the enhancement label

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