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  1. Michael C. Thomsett

    The meaning of divergent bars

    Michael C. Thomsett posted a article in SteadyOptions Trading Blog

    A characteristic of the true divergent bar reversal is that the day’s session open at a gap from the previous day, and then closes within the range of the previous real body (in the upper half for a bullish move, or in the lower half in a bullish divergence). The divergent bar signal is exce...