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Best RSI Divergence for Amibroker (AFL)
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_SECTION_BEGIN("RSI Divergence"); //------------------------------------------------------------------------------ // // Formula Name: RSI Divergence // Level: medium // Flags: indicator // Formula URL: // Details URL: // //------------------------------------------------------------------------------ // // + scanner // //------------------------------------------------------------------------------ /*--------------------------------------------------- RSI Divergence --------------------------------------------------------*/ GraphXSpace=7; n=Param("% Reverse ",20,0,100,1); Buy=Sell=0; Var = Zig(RSI(), n); t= Trough(RSI(), n, 1); p= Peak(RSI(), n, 1); x[0] =Var[0]; price[0] = C[0]; j=0; // bearish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == p[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] <x[j-1] && price[j-1]< price[j]) Sell[i] =1; } } // bullish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == t[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] >x[j-1] && price[j]<price[j-1]) Buy[i] =1; } } Plot(Var, "", 29); PlotShapes ( IIf(Sell, shapeSmallCircle, shapeNone), colorRed, 0 , Var,0); PlotShapes( IIf(Buy, shapeSmallCircle, shapeNone), colorBrightGreen, 0, Var,0); Title ="RSI Divergence" ; _SECTION_END(); _SECTION_BEGIN("RSIa"); P = ParamField( "Price field" ); periods = Param("Periods", 14, 1, 200, 1 ); Plot( RSIa( P, periods), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END();