### Stock Portfolio Organizer

The ultimate porfolio management solution.

### WiseTrader Toolbox

**#1** Selling **Amibroker** Plugin featuring:

### RSI Divergence Detector for Amibroker (AFL)

This Indicator helps in finding Positive and Negative Divergence on Price based on RSI Indicator

Best for Divergence and Short Term Trader

### Screenshots

### Similar Indicators / Formulas

### Indicator / Formula

_SECTION_BEGIN("RSI Divergence"); //------------------------------------------------------------------------------ // // Formula Name: RSI Divergence // Level: medium // Flags: indicator // Formula URL: // Details URL: // //------------------------------------------------------------------------------ // // + scanner // //------------------------------------------------------------------------------ /*--------------------------------------------------- RSI Divergence --------------------------------------------------------*/ GraphXSpace=7; n=Param("% Reverse ",20,0,100,1); Buy=Sell=0; Var = Zig(RSI(), n); t= Trough(RSI(), n, 1); p= Peak(RSI(), n, 1); x[0] =Var[0]; price[0] = C[0]; j=0; // bearish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == p[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] <x[j-1] && price[j-1]< price[j]) Sell[i] =1; } } // bullish divergence for ( i=0; i<BarCount; i++) { if(Var[i] == t[i]) { j++; x[j] =Var[i]; price[j] =C[i]; if(x[j] >x[j-1] && price[j]<price[j-1]) Buy[i] =1; } } Plot(Var, "", 39); PlotShapes ( IIf(Sell, shapeSmallCircle, shapeNone), colorRed, 0 , Var,0); PlotShapes( IIf(Buy, shapeSmallCircle, shapeNone), colorBrightGreen, 0, Var,0); Title ="RSI Divergence" ; _SECTION_END(); _SECTION_BEGIN("TEMA"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 200, 1, 10 ); Plot( TEMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END();

### 9 comments

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1.Pascal SAMSONThanks a lot.

2.mmanojAlways Welcome Bro

3.bhartiprintersworks well with eod charts

4.hubertonSuper works

5.prasadmuniDEAR FRIEND THANKYOU A MILLION TIMES.WILL BE VERY HELPFUL TO ME

PRASAD

6.mrdzenliстоит обратить внимание!

7.nisarnadafHi,

Thank you for the scanner. Its very useful.

I have one doubt. I am trying to use this in intraday but its giving scan results very late. 1PM signal is coming at 3 PM. Any idea why? Thanks in advance

8.Gnut20IS that repaint work bro? It is dangerous.

9.thangnd.1211repaint confirm :(