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MACD Divergence Detector for Amibroker (AFL)
Rating:
3 / 5 (Votes 6)
Tags:
oscillator, amibroker, divergence
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
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 | /// 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 alignmentGfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));GfxSetBkMode(0); // transparentGfxSelectFont("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?