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Stochastic divergence - Negative for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
This is a very simple stochastic divergence. It does not show graph it only shows a vertical line when there is a divergence. This is a negative divergence chart.
I am not the original programmer.
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Indicator / Formula
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/*Negative Stochastic divergence for use in Indicator Builder and Automatic Analysis (scan mode)*/ ST33=StochD(14); TR1=HHVBars(ST33,4); TR2=IIf(ST33>70 AND TR1>0 AND Ref(TR1,-1)==0,Ref(ST33,-1),0); TRC=IIf(TR2>0,C,0); vs=ValueWhen(tr2, Ref(st33,-1), 1); dvs=vs-Ref(vs,-1); vc=ValueWhen(trc, HHV(H,3), 1); dvc=vc-Ref(vc,-1); diver=IIf(dvs<0 AND dvc>0,90,0); DAS=BarsSince(Ref(TR2,-1)>0); ddd=IIf(DAS<20 AND C<Ref(C,-1),DIVER,0); Graph1=TR2; Graph0=ddd; Graph0BarColor=4; Graph1Style=2; Graph1BarColor=1; Sell=ddd==90;
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great formula eurosiva, It is almost accurate, May I Call it a holy grail AFL???