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Stochastic Divergence TrendLine
Platform: 8.6, by aaa aaa is offline
Developer Last Online: May 2012 Show Printable Version Email this Page

Platform: Tradestation Rating:
Released: 12-05-2009 Last Update: Never Installs: 19
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// Sto Divergence TrendLine
// Author: MARKPLEX
// version: 1.0

// Author: aaa
// version: 2.0
// Date: 20091129
// added:
// divergence on top +
// Line.Color.Top + Line.Color.Bot + Line.Size + Plot.Sto in inputs

From

http://markplex.com/tutorial4.php

--------------------------------------------------------

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File Type: txt Sto Divergence TrendLine.txt (2.3 KB, 181 views)
File Type: pla Sto Divergence TrendLine.pla (7.3 KB, 96 views)
File Type: eld Sto Divergence TrendLine.ELD (5.7 KB, 250 views)

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Stochastic Divergence TrendLine-snap1.jpg  

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The Following 14 Users Say Thank You to aaa For This Useful Post:
addvalue (12-23-2009), dlv123000 (12-17-2009), jubilant (12-12-2009), kale (03-01-2012), Lurveyj (12-06-2009), MOE (12-09-2009), nuno-online (12-06-2009), shrike (12-05-2009), snowbird (12-05-2009), Tams (12-05-2009), TIKITRADER (05-01-2010)

Comments
Old 05-13-2010, 12:07 AM   #10

Join Date: Oct 2009
Location: london
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Re: Stochastic Divergence TrendLine

I was able to apply divergence to both the price and indicator. Thank you AAA for putting the original together. The below modification applies to the stochrsi:


Code:
// StochRSI Divergence TrendLine
// Author: MARKPLEX
// http://markplex.com/tutorial4.php
// version: 1.0

// Author: aaa
// version: 2.0
// Date: 20091129
// added: 
// divergence on top +
// Line.Color.Top + Line.Color.Bot + Line.Size + Plot.Sto in inputs

//----------------------------------------------------
	inputs:
//----------------------------------------------------


RSILength(9),
StochLength(18),
KLength(6),
DLength(3),
OverSold(20),
OverBought(80),
Length(20),
LeftStrength(3),
RightStrength(3),
Line.Color.Top(red),
Line.Color.Bot(blue),
Line.Size(2),
Plot.stochrsi(1);

//---------------------------------------------------- 
	variables:
//----------------------------------------------------

DToscK(0), 
DToscD(0),

oPivotPrice1(0),
oPivotBar1(0),
oPivotPrice2(0),
oPivotBar2(0),

oPivotPrice11(0),
oPivotBar11(0),
oPivotPrice12(0),
oPivotBar12(0);

value1 = FastKCustomEasy(RSI(C, RSILength),StochLength);
DToscK =  average(value1,KLength);
DToscD = average(DToscK,DLength);

Condition1 = Pivot( DToscK, Length, LeftStrength, RightStrength, 1, -1, oPivotPrice1, oPivotBar1 ) <> -1 
		AND ( oPivotBar1 - RightStrength ) = 0 ;
		
Condition11 = Pivot( DToscK, Length, LeftStrength, RightStrength, 1, 1, oPivotPrice11, oPivotBar11 ) <> -1 
		AND ( oPivotBar11 - RightStrength ) = 0 ;
			 	
Condition2 = Pivot( DToscK, Length, LeftStrength, RightStrength, 2, -1, oPivotPrice2, oPivotBar2 ) <> -1;

Condition12 = Pivot( DToscK, Length, LeftStrength, RightStrength, 2, 1, oPivotPrice12, oPivotBar12 ) <> -1;

	If 
		Condition1 and Condition2 // added condition2 = referecne future data
		AND L[oPivotBar2] >= L[oPivotBar1] 
		AND DToscK[oPivotBar2] < DToscK[oPivotBar1] then 
	Begin
		Value2 = TL_New(D[oPivotBar2], T[oPivotBar2], L[oPivotBar2], D[oPivotBar1], T[oPivotBar1], L[oPivotBar1]); 
		TL_SetColor( Value2, Line.Color.Bot );
		TL_SetSize(  Value2, Line.Size  );
	End;
	
	If 
		Condition11 and Condition12 // added condition12  referecne future data
		AND H[oPivotBar12] <= H[oPivotBar11] 
		AND DToscK[oPivotBar12] > DToscK[oPivotBar11] then 
	Begin
		Value12 = TL_New(D[oPivotBar12], T[oPivotBar12], H[oPivotBar12], D[oPivotBar11], T[oPivotBar11], H[oPivotBar11]); 
		TL_SetColor( Value12, Line.Color.Top );
		TL_SetSize(  Value12, Line.Size  );
	End;
		
if Plot.stochrsi <> 0 then	
	Plot1( DToscK );


condition3 = Pivot( DToscK, Length, LeftStrength, RightStrength, 1, -1, oPivotPrice1, oPivotBar1 ) <> -1 
		AND ( oPivotBar1 - RightStrength ) = 0 ;
		
condition32 = Pivot( DToscK, Length, LeftStrength, RightStrength, 1, 1, oPivotPrice11, oPivotBar11 ) <> -1 
		AND ( oPivotBar11 - RightStrength ) = 0 ;
			 	
condition4 = Pivot( DToscK, Length, LeftStrength, RightStrength, 2, -1, oPivotPrice2, oPivotBar2 ) <> -1;

condition42 = Pivot( DToscK, Length, LeftStrength, RightStrength, 2, 1, oPivotPrice12, oPivotBar12 ) <> -1;

	If 
		Condition3 and condition4 
		AND L[oPivotBar2] >= L[oPivotBar1] 
		AND DToscK[oPivotBar2] < DToscK[oPivotBar1] then 
	Begin
		Value2 = TL_New_SELF(D[oPivotBar2], T[oPivotBar2], DToscK[oPivotBar2], D[oPivotBar1], T[oPivotBar1], DToscK[oPivotBar1]); 
		TL_SetColor( Value2, Line.Color.Bot );
		TL_SetSize(  Value2, Line.Size  );
	End;
	
	If 
		Condition32 and Condition42
		AND H[oPivotBar12] <= H[oPivotBar11] 
		AND DToscK[oPivotBar12] > DToscK[oPivotBar11] then 
	Begin
		Value12 = TL_New_SELF(D[oPivotBar12], T[oPivotBar12], DToscK[oPivotBar12], D[oPivotBar11], T[oPivotBar11], DToscK[oPivotBar11]); 
		TL_SetColor( Value12, Line.Color.Top );
		TL_SetSize(  Value12, Line.Size  );
	End;
		
	Plot1( DToscK, "stochrsi",      white );
	plot2( 20,    "oversold", white);
	plot3(80, "overbought", white);
Attached Files
File Type: pla StochRSI Divergence.pla (11.7 KB, 9 views)
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Old 05-15-2010, 05:13 AM   #11
aaa

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Re: Stochastic Divergence TrendLine

RSI Divergence TrendLine
here

http://www.traderslaboratory.com/for...line-7904.html
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