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Alchemy Divergence Indicator Package

Placitas, NM
Phone # for sales: 303-258-9786
Website: www.tradingalchemy.com
Click link to request additional product information.
E-mail address: info@tradingalchemy.com

CATEGORY: SOFTWARE

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

General Information TOP

Product name: Alchemy Divergence Indicator Package
Initial Price: 399.95
Brief product description: 

Spot tops and bottoms on any time frame. These are unique indicators not included in TradeStation. There are five separate divergence indicators that provide an alert and pop-up text whenever a divergent condition exists between price and the selected indicator. You may select between CCI, RSI, Stochastics, MACD or Tick to determine divergence.

System Requirements TOP

Operating system(s): 
  • Windows98
  • Windows95
  • WindowsNT
  • Windows 2000
  • Windows ME
  • Windows XP
  • Windows Vista
  • Windows 7
Minimum RAM required: N/A
Minimum hard drive space: 300 mb
Minimum modem speed: 28800
Mouse required?: Yes
CD-ROM used?: No
CD-ROM required?: No
Demo disk available?: No

Market Information TOP

Markets followed: 
  • Stocks
  • Futures
  • Bonds
  • Industrial groups
  • Cash markets
  • Mutual funds
  • Indices
  • Options

Data TOP

Data type(s) utilized: 
  • Intraday data
  • End-of-day data
  • Historical Data
Sources for data: 
  • Provided by an outside data source
Downloader:  N/A
Data manager:  N/A

Data Formats TOP

Formats read directly: 
  • TradeStation
Additional formats read directly: 

N/A
Formats read after conversion to program useable data: 
  • BMI (Bonneville)
  • DBC (Signal)
  • DTN
  • ASCII
Additional formats read via conversion to program useable data: 

N/A

Charts TOP

Chart type(s) utilized: 
  • Bar Charts
  • Candlestick charts
  • Line charts
  • Point & figure
Charting features: 
  • Write text on charts
Built-in indicators: 
  • Commodity channel index
  • MACD
  • Relative strength
  • Stochastics
  • Indicator explanations provided
  • User-defined indicators

Screening and Alerts TOP

Ranking based on: 
  • Indicator and studies
Screening based on: 
  • Indicator and studies
Alerts based on: 
  • Indicator and studies
Alerts displayed on charts?: Yes
Alerts displayed in table?: Yes
Screening by individual system per market?: No
Save tables?: No
Automated printing of tables?: No

Trading Systems TOP

Trading system features:  N/A

Options Analysis TOP

Options analysis features:  N/A

Support TOP

Support features: 
  • Online help
  • Manual
  • Phone support
Manual page length (if applicable): 80

Additional Information TOP

Additional comments (please indicate additional indicators, special features and services here): 

Five separate divergence indicators that provide an alert and pop-up text whenever a divergent condition exists between price and the selected indicator. The Alchemy Divergence Indicator Package consists of a CCI divergence, CCI hook divergence, RSI divergence, RSI hook divergence, Stochastics divergence, Stochastics hook divergence, TICK divergence, TICK hook divergence, MACD divergence and MACD hook divergence indicator. We additionally offer a custom divergence indicator that allows you to paste any indicator from the EasyLanguage dictionary into a user-defined input to detect divergence. Besides regular divergence, our divergence indicators also have the option to detect reverse divergence. These indicators feature an Overbought/Oversold input that allows the user to specify an overbought and oversold zone in which to look for divergence. Additionally, we added an optional cycle filter into our divergence indicators that gives the user the option of specifying a full cycle requirement for each divergence occurrence. Unlike conventional divergence indicators, the Trading Alchemy Divergence Indicators do not wait for a pivot to occur in price action before indicating a divergent condition. This means that with the Alchemy Divergence Indicator you will receive a divergence indication much quicker than with the standard TradeStation divergence functions. This allows you to get a step on making top or bottom formation decisions and allows you to enter your trading orders much sooner.

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

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