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It sure looks good in VT.
Anyone please?
--- In amibroker@xxxxxxxxxxxxxxx, "ramot06" <ramot06@xxx> wrote:
>
> Hi everyone.
>
> I came acroos some quite productive divergence indicator in VT.
> Could someone take the stick and convert it to AFL?
>
> Thanks In advance.
>
>
> The code :
>
>
> {Relative Strength Index}
>
> RSIndex:= RSI(RSIper);
>
> {This will detect a trough of RSI, then detect a second
> trough lower than the first trough}
>
> DefineTrough:= if(RSIndex>ref(RSIndex,-1) and ref(RSIndex,-1)<ref
> (RSIndex,-2), 1, 0);
>
> PrevTrough:= valuewhen(2,DefineTrough,ref(RSIndex,-1));
> ActualTrough:= if(DefineTrough and PrevTrough<ref(RSIndex,-1),1,0);
>
> PrevPrcTrough:= valuewhen(2,DefineTrough,ref(L,-1));
> ActualPrcTrough:= if(DefineTrough and PrevPrcTrough>ref(L,-1),1,0);
>
> BullishDivergence:= if(ActualTrough=1 and ActualPrcTrough=1,1,0);
>
> {This will detect a peak of RSI, then detect a second
> peak higher than the first peak}
>
> DefinePeak:= if(RSIndex<ref(RSIndex,-1) and ref(RSIndex,-1)>ref
> (RSIndex,-2), 1, 0);
>
> PrevPeak:= valuewhen(2,DefinePeak,ref(RSIndex,-1));
> ActualPeak:= if(DefinePeak and PrevPeak>ref(RSIndex,-1),1,0);
>
> PrevPrcPeak:= valuewhen(2,DefinePeak,ref(H,-1));
> ActualPrcPeak:= if(DefinePeak and PrevPrcPeak<ref(H,-1),1,0);
>
> BearishDivergence:= if(ActualPeak=1 and ActualPrcPeak=1,1,0);
>
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