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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Divergences for Amibroker (AFL)
Exploration for Relative Slope or Stochastic Divergence,bullish or bearish.
Similar Indicators / Formulas
Indicator / Formula
/*BULLISH STOCHASTIC DIVERGENCE, DD==30*/ ST33=STOCHD(); TR1=LLVBARS(ST33,4); TR2=IIF(ST33<30 AND TR1>0 AND REF(TR1,-1)==0,ref(ST33,-1),0); TRC=IIF(TR2>0,C,0); vs=valuewhen(tr2, ref(st33,-1), 1); dvs=vs-ref(vs,-1); vc=valuewhen(trc, LLV(c,3), 1); dvc=vc-ref(vc,-1); diver=iif(dvs>0 and dvc<0,30,0); DAS=BARSSINCE(REF(TR2,-1)>0); DD=IIF(DAS<20 AND C>=REF(C,-1),DIVER,0); GRAPH0=DD; GRAPH0BARCOLOR=4; STBULL=DD==30; /*BULLISH RELATIVE SLOPE DIVERGENCE, DDDR==20*/ D1=10; KUP=EMA((H+L+C)/3,D1)+EMA(H-L,D1); KDOWN=EMA((H+L+C)/3,D1)-EMA(H-L,D1); K=EMA((H+L+C)/3,D1); S1=2*(K-REF(K,-1))/(K+REF(K,-1)); T33=10+100*EMA(S1,3); R1=LLVBARS(T33,4); R2=IIF(T33<9 AND R1>0 AND REF(R1,-1)==0,ref(T33,-1),0); RC=IIF(R2>0,C,0); vsR=valuewhen(r2, ref(t33,-1), 1); dvsR=vsR-ref(vsR,-1); vcR=valuewhen(rc, LLV(C,3), 1); dvcR=vcR-ref(vcR,-1); diverR=iif(dvsR>0 and dvcR<0,20,0); DASR=BARSSINCE(REF(R2,-1)>0); dddR=IIF(DASR<20 ,DIVERR,0); GRAPH1=DDDR; GRAPH1BARCOLOR=7; RSBULL=DDDR==20; /*BEARISH STOCHASTIC DIVERGENCE, BDDD==90*/ BTR1=HHVBARS(ST33,4); BTR2=IIF(ST33>70 AND BTR1>0 AND REF(BTR1,-1)==0,ref(ST33,-1),0); BTRC=IIF(BTR2>0,C,0); Bvs=valuewhen(Btr2, ref(st33,-1), 1); Bdvs=Bvs-ref(Bvs,-1); Bvc=valuewhen(Btrc, HHV(H,3), 1); Bdvc=Bvc-ref(Bvc,-1); Bdiver=iif(Bdvs<0 and Bdvc>0,90,0); BDAS=BARSSINCE(REF(BTR2,-1)>0); Bddd=IIF(BDAS<20 AND C<=REF(C,-1),BDIVER,0); GRAPH2=BDDD; GRAPH2BARCOLOR=4; STBEAR=BDDD==90; /*BEARISH RELATIVE SLOPE DIVERGENCE, EDDDR==80*/ ER1=HHVBARS(T33,4); ER2=IIF(T33>11 AND ER1>0 AND REF(ER1,-1)==0,ref(T33,-1),0); ERC=IIF(ER2>0,C,0); EvsR=valuewhen(Er2, ref(t33,-1), 1); EdvsR=EvsR-ref(EvsR,-1); EvcR=valuewhen(Erc, HHV(H,3), 1); EdvcR=EvcR-ref(EvcR,-1); EdiverR=iif(EdvsR<0 and EdvcR>0,80,0); EDASR=BARSSINCE(REF(ER2,-1)>0); EdddR=IIF(EDASR<20,EDIVERR,0); GRAPH3=EDDDR; GRAPH3STYLE=2; GRAPH3BARCOLOR=7; GRAPH4=45; GRAPH4STYLE=8; RSBEAR=EDDDR==80; FILTER= STBULL OR STBEAR OR RSBULL OR RSBEAR; NUMCOLUMNS=4; COLUMN0=RSBEAR; COLUMN0NAME="RS BEAR"; COLUMN1=STBEAR; COLUMN1NAME="ST BEAR"; COLUMN2=RSBULL; COLUMN2NAME="RS BULL"; COLUMN3= STBULL; COLUMN3NAME="ST BULL"; COLUMN0FORMAT=1.0;COLUMN1FORMAT=1.0; COLUMN2FORMAT=1.0;COLUMN3FORMAT=1.0; COVER=RSBULL; BUY=STBULL; SHORT=RSBEAR; SELL=STBEAR; /*The only purpose of BUY, SELL, SHORT and COVER is to see the indicating arrows and are not suggestions to take some action. */
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