SpreadEagle71

Sniper Stochastics 2 as a divergence indicator

AMEX:SPY   SPDR S&P 500 ETF TRUST
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This indicator is available in the library. I published a previous version before but never considered the lines moving apart as a kind of divergence detector.
The indicator consists of three stochastics lines which are lengths 55,89,144 (...2 points if you can guess where these came from..)
Anyway, the black line is the fast length and thus a divergence from the other two represents a short term divergence in the direction it takes.