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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
MACD Divergence Detector for Amibroker (AFL)
Divergence detector for MACD.
Move the starting point as well as the end point to detect divergence.
For Back testing Make the cursor select a particular peak or trough. Open the parameters box and move the line on another peak or trough. No line will be drawn if u move the line thru parameters behind the selected line.
If u get a error on the screen press reset in the parameters box.
The default for the end point of the line is the last trading day.
Hope u enjoy this…
Plz feel free to ask ne queries.
Screenshots
Similar Indicators / Formulas
Indicator / Formula
/// PROGRAMME CREATED BY PRASAD RAO FOR MASTER PLOTTER MACD DIVERGENGE DETECTOR/// _SECTION_BEGIN("BACK COLR"); _SECTION_BEGIN("PRASAD SYSTEMS"); ParamStr("DEDICATED TO MY FATHER", "BALKRISHNA RAO"); _SECTION_END(); SetChartBkColor( ParamColor("Chart Color", colorBlack)); _SECTION_BEGIN("BACKGROUD LTRS"); SetChartOptions(0,chartShowArrows|chartShowDates); GfxSetOverlayMode(1); GfxSetTextAlign( 6 );// center alignment GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) )); GfxSetBkMode(0); // transparent GfxSelectFont("Tahoma", Status("pxheight")/12); GfxTextOut( "PRASAD ANALYTICS ©", Status("pxwidth")/2, Status("pxheight")/14); GfxSelectFont("Tahoma", Status("pxheight")/9 ); GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/4.1 ); GfxSelectFont("Arial Narrow", Status("pxheight")/28 ); GfxTextOut( "prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/1.5); GfxSelectFont("arial narrow", Status("pxheight")/27 ); GfxTextOut( "Dedicated to MY FATHER : BALKRISHNA RAO", Status("pxwidth")/2, Status("pxheight")/1.15); _SECTION_END(); k = (GetPerformanceCounter()/100)%256; printf("GetPerformance Counter %g",k); GfxSelectFont("Arial Narrow", 10,700 ); GfxSetBkMode(1); GfxSetTextColor(colorYellow); //GfxTextOut("Dedicated to the loving memory of MY FATHER on his 75th Birth Anniversay - LATE BALKRISHNA RAMCHANDRA RAO 13.10.1935",100+k ,26); RequestTimedRefresh(1); _SECTION_END(); _SECTION_BEGIN(" MACD"); MACDw = MACD( 12, 26 ) - Signal( 12, 26, 9 ); MACDwLINE = MACD( 12, 26 ) ; MACDwSignal = Signal( 12, 26, 9 ); Plot(MACDw,"MACD Weekly",colorLavender,styleHistogram); _SECTION_END(); WeekHistRising = Ref(MACDw , -1) < Ref(MACDw , 0); WeekHistFalling = Ref(MACDw , -1) > Ref(MACDw , 0); Lastbarindex = Param("last",EndValue(BarIndex()),1,EndValue(BarIndex()),1); Line02=MACDw[Lastbarindex]; Thisbarindex = SelectedValue(BarIndex()); Line01 = SelectedValue(MACDw); //Line02 = SelectedValue(MACDw); //GfxTextOut("lINE01"+Line01,10,10); //GfxTextOut("lINE02"+Line02,200,10); PriceLine1= LineArray(Thisbarindex,Line01 ,Lastbarindex,Line02,0,1); Plot(PriceLine1,"", colorYellow,styleLine|styleDots); GfxSetTextAlign( TA_left = 0); GfxSelectFont("Tahoma", 11, 700 ); GfxSetTextColor(ColorRGB(209,191,255)); GfxTextOut("PRASAD ANALYTICS - MACD DIVERGENCE DETECTOR",07, 0); GfxSetTextAlign( TA_LEFT = 0 ); GfxSelectFont("Tahoma", 11, 700 ); GfxSetTextColor(ColorRGB(255,180,61)); GfxTextOut(Name()+ " " + Date(),07,25); Title = " "; //prasad9rao@gmail.com
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Lots of Macd Divergence indicators already available on this website … Need something new n Interesting.
I get lot of errors while backtesting..
can you please write a short tutorial how to use this?