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

Platform: MultiCharts Rating: (1 votes - 5.00 average)
Released: 05-15-2010 Last Update: Never Installs: 10
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Re-useable Code Translations  

// 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/for...line-7845.html

MACD Divergence TrendLine Indicator (Only 4 Multicharts)
Here

http://www.traderslaboratory.com/for...html#post95841

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

Sto Divergence TrendLine
Here

http://www.traderslaboratory.com/for...line-7244.html

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




Nota Bene

RSI Divergence TrendLine Indicator.pla works ONLY with Multicharts

Download Now

File Type: eld RSI DIVERGENCE TRENDLINE.ELD (6.1 KB, 181 views)
File Type: pla RSI Divergence TrendLine.pla (8.6 KB, 65 views)
File Type: txt RSI Divergence TrendLine.txt (2.6 KB, 110 views)
File Type: pla RSI Divergence TrendLine Indicator.pla (9.1 KB, 58 views)

Screenshots

RSI Divergence TrendLine-snap6.jpg  

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Similar Indicator
Mod Developer Type Replies Last Post
DeMark Oscillator Tams Trading Indicators 2 04:27 PM 05-27-2009
MACD Divergence TrendLine aaa Trading Indicators 42 08:20 AM 02-20-2011
The Following 5 Users Say Thank You to aaa For This Useful Post:
chipper (01-20-2011), Stat (02-19-2011), strader2 (05-15-2010), Tams (05-15-2010)

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Old 05-16-2010, 07:58 PM   #2

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Re: RSI Divergence TrendLine

aaa - thanks for thee additional code, perfect.
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Old 05-18-2010, 12:30 PM   #3

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Re: RSI Divergence TrendLine

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

Code:
if var0 > OverBought then 
	SetPlotColor( 1, OverBColor ) 
else if var0 < OverSold then 
	SetPlotColor( 1, OverSColor ) ;
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Old 05-18-2010, 12:37 PM   #4
aaa

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Re: RSI Divergence TrendLine

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

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

Last edited by aaa; 05-18-2010 at 01:01 PM.
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Old 01-17-2011, 06:52 AM   #5

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Re: RSI Divergence TrendLine

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
Attached Files
File Type: mq4 RSI_Divergence_v2.mq4 (12.4 KB, 25 views)
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Old 01-22-2011, 05:34 AM   #6
aaa

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Re: RSI Divergence TrendLine

PHP Code:
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

Attached Thumbnails
RSI Divergence TrendLine-snap2.jpg  
Attached Files
File Type: txt StochRSI Hidden Divergence TrendLine.txt (2.4 KB, 30 views)

Last edited by aaa; 01-22-2011 at 06:10 AM.
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Old 01-25-2011, 09:36 AM   #7

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Re: RSI Divergence TrendLine

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
Attached Files
File Type: txt GollumNarrowIB.txt (244 Bytes, 11 views)
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Old 01-29-2011, 05:44 AM   #8
aaa

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Re: RSI Divergence TrendLine

Gollumtrader

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

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



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

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

Best rgds

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

Code:
 
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);
Attached Thumbnails
RSI Divergence TrendLine-snap4.jpg  

Last edited by aaa; 01-29-2011 at 06:19 AM.
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