// 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

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

[FranckT]

Hello,

I give you my version. I use it with various indicators. I think the author is Marplex.
Sorry for my bad english.

inputs: periodlen(1),colorH(white), colorL(yellow),period(30),smooth(1),type(1),length(20),leftstrength(3),RightStrength(1),Bartol(3);
vars: Pivotprice1(0), pivotbar1(0),Pivotprice2(0), pivotbar2(0),Pivotprice3(0), pivotbar3(0),Pivotprice4(0), pivotbar4(0),
Pivotprice5(0), pivotbar5(0),Pivotprice6(0), pivotbar6(0),Pivotprice7(0), pivotbar7(0),Pivotprice8(0), pivotbar8(0);

value1=yourindicator(periodlen);

//market pivot:

// pivot low
condition3 = pivot(low,length,leftstrength,RightStrength,1,-1,pivotprice3,pivotbar3)<>-1;
condition4 = pivot(low,length,leftstrength,RightStrength,2,-1,pivotprice4,pivotbar4)<>-1;

//pivot high
condition5 = pivot(high,length,leftstrength,RightStrength,1,1,pivotprice5,pivotbar5)<>-1;
condition6 = pivot(high,length,leftstrength,RightStrength,2,1,pivotprice6,pivotbar6)<>-1;


//indicator pivot:


//pivot low
condition1 = pivot(value1,length,leftstrength,RightStrength,1,-1,pivotprice1,pivotbar1)<>-1;
condition2 = pivot(value1,length,leftstrength,RightStrength,2,-1,pivotprice2,pivotbar2)<>-1;


//pivot high
condition7 = pivot(value1,length,leftstrength,RightStrength,1,1,pivotprice7,pivotbar7)<>-1;
condition8 = pivot(value1,length,leftstrength,RightStrength,2,1,pivotprice8,pivotbar8)<>-1;

//last low

if condition3 and condition4 and condition2 and condition1 
and (absvalue(pivotbar1-pivotbar3)<bartol)
and (absvalue(pivotbar2-pivotbar4)<bartol)
and(pivotbar3=RightStrength or pivotbar1 = RightStrength)
and (Pivotprice3<=Pivotprice4 and pivotprice1>Pivotprice2)
and barstatus(1)=2 then begin

value2 = tl_new_s(D[pivotbar4],time_s[pivotbar4],l[pivotbar4],D[pivotbar3],time_s[pivotbar3],l[pivotbar3]);
tl_setcolor(value2,colorL);
tl_setsize(value2,3);
end;

//last high

if condition5 and condition6 and condition7 and condition8 
and (absvalue(pivotbar7-pivotbar5)<bartol)
and (absvalue(pivotbar8-pivotbar6)<bartol)
and(pivotbar5=RightStrength or pivotbar7 = RightStrength)
and (Pivotprice5>=Pivotprice6 and pivotprice7<Pivotprice8)
and barstatus(1)=2 then begin

value3 = tl_new_s(D[pivotbar6],time_s[pivotbar6],h[pivotbar6],D[pivotbar5],time_s[pivotbar5],h[pivotbar5]);
tl_setcolor(value3,colorh);
tl_setsize(value3,3);
end;

Sincerely,
Franck

[aaa]

Hi FrankT

Here is a snapshot of your indic with the Stochastic same values.on the same 5 mn chart.

Please correct my code adaptation if necessary

Regards

[aaa]

[addvalue]

Thanks Markplex for sharing thins. I have used and learned with your materials before and appreciate your efforts and teachings.
Dennis

[xavi7]

i am using ninja trader platform i wanna add this Stochastic indicator it is possible or not?

[aaa]

Hi Xavi7
This indicator is written for an Easy Language platform
I guess that it is possible to make a translation for any other platform.
rgds

[aaa]

MACD Divergence TrendLine here

http://www.traderslaboratory.com/for...line-7845.html