Stochastic divergence - Negative for Amibroker (AFL)
eurosiva almost 14 years ago Amibroker (AFL)
This is a very simple stochastic divergence. It does not show graph it only shows a vertical line when there is a divergence. This is a negative divergence chart.
I am not the original programmer.
Indicator / Formula
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/*Negative Stochastic divergence for use in
Indicator Builder and Automatic Analysis (scan mode)*/
ST33=StochD(14);
TR1=HHVBars(ST33,4);
TR2=IIf(ST33>70 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, HHV(H,3), 1);
dvc=vc-Ref(vc,-1);
diver=IIf(dvs<0 AND dvc>0,90,0);
DAS=BarsSince(Ref(TR2,-1)>0);
ddd=IIf(DAS<20 AND C<Ref(C,-1),DIVER,0);
Graph1=TR2;
Graph0=ddd;
Graph0BarColor=4;
Graph1Style=2;
Graph1BarColor=1;
Sell=ddd==90;1 comments
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great formula eurosiva, It is almost accurate, May I Call it a holy grail AFL???