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//MACD-Price divergence, by D. Tsokakis
ST33= MACD();bars=100;d=5;
TR1= LLVBars(ST33,d);
COND1=TR1> 0 AND Ref(TR1,-1)==0 AND Ref(ST33,-1)<0;
TR2= IIf(COND1,Ref(ST33,-1),0);
Plot (st33,"MACD",1,8);
M1= ValueWhen(COND1,ST33);
P1= ValueWhen(COND1,LLV(L,3));
DM1=M1- Ref(M1,-1);DP1=P1-Ref(P1,-1);
DT= Ref(BarsSince(COND1),-1);
POSDIV=DM1> 0 AND DP1<0 AND DT;
Plot (POSDIV*LastValue(Lowest(ST33)),"",5,2);
TR11= HHVBars(ST33,d);
COND11=TR11> 0 AND Ref(TR11,-1)==0 AND Ref(ST33,-1)>0;
TR21= IIf(COND11,Ref(ST33,-1),0);
M11= ValueWhen(COND11,ST33);
P11= ValueWhen(COND11,HHV(H,3));
DM11=M11- Ref(M11,-1);DP11=P11-Ref(P11,-1);
DT1= Ref(BarsSince(COND11),-1);
NEGDIV=DM11< 0 AND DP11>0 AND DT1;
Plot (NEGDIV*LastValue(Highest(ST33)),"",4,2);
GraphXSpace= 5; Ken Henderson <kjh@xxxxxxxxxxxxxxx> wrote:
Hi
The code for the above indicator was recently posted. Unfortunately, I deleted it before having a proper look.
Could someone please retransmit this code to me please.
Many thanks
Ken
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