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RSI Divergence Trading for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, trading system, amibroker
RSI Divergence Buy or Sell Scan
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Indicator / Formula
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//RSI(9) DIVERGENCE BUY: Buy = RSI(9) >= HHV(RSI(9),-19) AND Close <HHV(Close,-19) OR Close <= LLV(Close,-19) AND RSI(9) > LLV(RSI(9),-19); //RSI(9) DIVERGENCE SELL: Sell = Close >= HHV(Close,-19) AND RSI(9)<HHV(RSI(9),-19) OR RSI(9) <= LLV(RSI(9),-19) AND Close > LLV(Close,-19); Filter=(Buy OR Sell); Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); PlotShapes(IIf(Buy,shapeUpArrow,shapeNone) ,colorBrightGreen); PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed);
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Mr.Saibal, Lot of errors in the Scan afl given by u. Kindly correct it. thnx you
How did the admin allow this formula with errors without checking. Thanks and regards.
It is only missing ; at the end of lines in Buy and Sell condition.
Try that and it will work
No Use
Fixed.
admin pls note i have uploaded a genuine formula and yet not approved