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7 Attachment(s)
LEV / Price divergences
These are my first tests with LEV and price divergence on Italian stock market: the stock I have used here is Generali, an important insurance company.
It seems that LEV/price divergences works very good on italian stocks, as can be seen below where nice long and short entries are shown
Data is 1 minute time frame, 1 trading day each picture.
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Indeed, but you'd better back-test. You also need to understand the charaterictics of the stock that work best (price range and average daily volume.)
Pascal
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Yes you are right, that's what I need to accomplish.
The reason for my post is to share here what's done so far and a quick look at how LEV/price divergence works on italian stocks.