LRS Divergence

Like RSI and MACD, LRS divergence can be a very powerful indicator. Beth will measure the most recent High/Low against whether that High/Low had a stronger LRS. If not, then she will announce a divergence situation.

For example, suppose the market is climbing and after a brief retracement reached a new High. If that new High is matched by a new High in LRS, then nothing will be announced. However, if that new High was NOT matched by a higher LRS, then a divergence condition exists, and Beth will speak and say, "LRS bearish divergence." Optionally, she will also announce the chart that is showing the divergence.