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RSI Divergence TrendLine

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// RSI Divergence TrendLine

// Author: MARKPLEX Code Divergence

// http://markplex.com/tutorial4.php

// version: 1.0

 

// Author: aaa

// version: 2.0

// Date: 20100501

// added:

// divergence on top +

// Line.Color.Top + Line.Color.Bot + Line.Size + Plot.RSI in inputs

 

// Author: aaa

// version: 2.01

// Date: 20100515

// added:

// Alert + Line.Offset in inputs

 

***********************

 

MACD Divergence TrendLine

Here

 

http://www.traderslaboratory.com/forums/f46/macd-divergence-trendline-7845.html

 

MACD Divergence TrendLine Indicator (Only 4 Multicharts)

Here

 

http://www.traderslaboratory.com/forums/f46/macd-divergence-trendline-7845.html#post95841

 

*********************

 

Sto Divergence TrendLine

Here

 

http://www.traderslaboratory.com/forums/f46/stochastic-divergence-trendline-7244.html

 

**********************

 

attachment.php?attachmentid=21012&stc=1&d=1273914061

 

 

Nota Bene

 

RSI Divergence TrendLine Indicator.pla works ONLY with Multicharts

RSI DIVERGENCE TRENDLINE.ELD

RSI Divergence TrendLine.pla

RSI Divergence TrendLine.txt

RSI Divergence TrendLine Indicator.pla

Snap6.jpg.5f50c8dcbf41b0935c35fd0b2703b6c1.jpg

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aaa- is there a way to add to this indicator so when it enters overbought/sold levels that the respective colour changes.

 

I tried using the simple RSI code as a guide, but it doesn't appear to take

 

if var0 > OverBought then 
SetPlotColor( 1, OverBColor ) 
else if var0 < OverSold then 
SetPlotColor( 1, OverSColor ) ;

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Yes

 

almost everything is possible in EasyLangage

 

Try again or

 

wait untill next WE

 

I will add this feature 2 a new indicator

 

rgds

 

PS : Please, try 2 add a graphique with explanation on it when U ask something here ;

 

It should B usefull also 2 give as much information as possible (mockup, links, PDF, etc...)

 

And of course, if U find a solution it's kind 2 post it.

 

It could B usefull 4 others

 

******************

Edited by aaa

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I have also sent a post in coder thread, maybe this is the place....

 

Hi!

I have found a very nice and supporting indicator for MetaTrader. If anyone can convert the indi to work in Global Zen Trader platform (the platform allows import of easylanguage and C# code). The indi detects traditional divergence of price and RSI indicator and plots an arrow in the indicator window and also sets a sound alert. The indicator also detects hidden divergences. Please have a look at the indicator and see how it works. Personally I use it to time position in the trend direction after a pullback.

 

Sincerely

Adam

RSI_Divergence_v2.mq4

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The indicator also detects hidden divergences

 

Hi Adam

 

Try this hidden divergences indic below

 

U can mix regular div + hidden div on a price chart

 

The code is easily tweakable

 

Only 4 Multicharts users

I've posted also an indicator which plot div lines directly on the sub chart

 

rgds

 

attachment.php?attachmentid=23596&stc=1&d=1295693624

StochRSI Hidden Divergence TrendLine.txt

Snap2.jpg.7df896eb884497ed56346f2a712b179c.jpg

Edited by aaa

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Thanks AAA!

 

But I´m not the man to work it out in my platform. Anyway, I have add some piece of code together and give it to U as thanks for help.

This code displays inside bars and the inside bar have to be in a less range than Xbars before(adjustable). U can put a by order 1 tick above the bar or a sell order 1 tick below. It works in any time frame.

 

Thanks

Adam

GollumNarrowIB.txt

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Gollumtrader

 

condition1=(High-Low)<Lowest((High-Low),Length)[1];

 

Good idea ! I've added it on my birds lines indicator & it looks good

 

attachment.php?attachmentid=23619&stc=1&d=1296299681

 

************************************

 

Have a look on the Excellent Tams' Candle Pattern indicator below

 

Best rgds

 

http://www.traderslaboratory.com/forums/f46/candle-pattern-5736.html

 

 
PatternName = "3InsideUpPattern";
if ((O2>C2)AND (C1>O1) AND (C1<= O2) AND (C2<= O1) AND ((C1-O1)<(O2-C2)) 
AND (C>O) AND(C>C1) AND (O>O1)) then 
begin
Message = Message + PatternName + " "; 
plot70(c, "3InsideUpPattern");
end
else
noplot(70);


PatternName = "3InsideDownPattern";
if ((C2>O2)AND (O1>C1) AND (O1<= C2) AND (O2<= C1) AND ((O1-C1)<(C2-O2)) 
AND (O>C) AND(C<C1) AND (O<O1)) then 
begin
Message = Message + PatternName + " "; 
plot67(c, "3InsideDownPattern");
end
else
noplot(67);

Snap4.jpg.03f38b566ec0728e83d2a7325143d0b9.jpg

Edited by aaa

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Well I have to say after weeks of searching this may well be what I am looking for. However, can this indicator be used on the prorealtime charting software and if so could it also be adapted to a screener for finding pairs meeting the criteria. I also would like to know if the RSI can be set against Zigzag as opposed to price. Terribly sorry to appear so dim but I have tried albeit without success to write my own software and to be perfectly am failing miserably.

 

Many thanks, s2m

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.... Terribly sorry to appear so dim but I have tried albeit without success to write my own software and to be perfectly am failing miserably.

 

Many thanks, s2m

 

then do at least one thing that is not dim -- get TradeStation or MultiCharts.

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