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I'm trading lots of index but i have noticed there are some divergence between indexs.
For example, here is one(SPY vs IWM). In this chart when SPY made a new low, IWM didn't make a new low.
Is there any way, I can make a divergence efs to point this divergence. And I think it will be better, if that efs calculates this, when SPY makes a new higher high/ new lower low.
For example, here is one(SPY vs IWM). In this chart when SPY made a new low, IWM didn't make a new low.
Is there any way, I can make a divergence efs to point this divergence. And I think it will be better, if that efs calculates this, when SPY makes a new higher high/ new lower low.