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In a recent article by Murray Ruggiero, Intermarket Divergence – A Robust Method for Signal Generation, the concept of generating signals based on the behavior of two correlated markets was discussed. Murray provided a simple, yet powerful, method for generating signals.
I would like to demonstrate the technique Murray demonstrated, below in the video.
The TradeStation WorkSpace and Strategy code can be found at the bottom of the article. Likewise, if you don’t use TradeStation there is a text version of the strategy code. It’s very simple and can easily be adapted to your platform of choice.
Jeff is the founder of System Trader Success – a website and mission to empowering the retail trader with the proper knowledge and tools to become a profitable trader the world of quantitative/automated trading.
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