Divergence Detector for Amibroker (AFL)

Divergence Detector for Amibroker (AFL)


To explore divergence

 
SetChartOptions(3,chartGridMiddle);
SetChartOptions(0,chartShowArrows|chartShowDates); 
EnableTextOutput(False); 
mfyperiod=Param("MFI period",14,5,100);
rsyperiod=Param("RSI period",14,5,100);

procedure CalDivergence()
{
global stchbulld;
global stchbeard;
global rsybulld;
global rsybeard;
global mfybulld;
global mfybeard;
global ispeak;
global istrough;

zzg=Zig(C,5);
 
ispeak=zzg>Max(Ref(zzg,-1),Ref(zzg,1));
istrough=zzg<Min(Ref(zzg,-1),Ref(zzg,1));

 
yp2=LastValue(ValueWhen(ispeak,C,2));
yp1=LastValue(ValueWhen(ispeak,C,1));

 
 
yb2=LastValue(ValueWhen(istrough,C,2));
yb1=LastValue(ValueWhen(istrough,C,1));

 

stchbulld=(yb1<yb2)*(LastValue(ValueWhen(istrough,StochK(15,3),1))>LastValue(ValueWhen(istrough,StochK(15,3),2)));
stchbeard=(yp1>yp2)*(LastValue(ValueWhen(ispeak,StochK(15,3),1))<LastValue(ValueWhen(ispeak,StochK(15,3),2)));

rsybulld=(yb1<yb2)*(LastValue(ValueWhen(istrough,RSI(rsyperiod),1))>LastValue(ValueWhen(istrough,RSI(rsyperiod),2)));
rsybeard=(yp1>yp2)*(LastValue(ValueWhen(ispeak,RSI(rsyperiod),1))<LastValue(ValueWhen(ispeak,RSI(rsyperiod),2)));

mfybulld=(yb1<yb2)*(LastValue(ValueWhen(istrough,MFI(mfyperiod),1))>LastValue(ValueWhen(istrough,MFI(mfyperiod),2)));
mfybeard=(yp1>yp2)*(LastValue(ValueWhen(ispeak,MFI(mfyperiod),1))<LastValue(ValueWhen(ispeak,MFI(mfyperiod),2)));

}
procedure DrawPrice()
{
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", colorBlack, styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
x=Cum(1);
// Get the x-ordinate of Close at Peaks
xp1=LastValue(ValueWhen(ispeak,x,1))-1;
xp2=LastValue(ValueWhen(ispeak,x,2))-1;
//Get the x-ordinate of Close at Troughs
xb1=LastValue(ValueWhen(istrough,x,1))-1;
xb2=LastValue(ValueWhen(istrough,x,2))-1;

// Get the value of Price At Peaks
yp2=LastValue(ValueWhen(ispeak,C,2));
yp1=LastValue(ValueWhen(ispeak,C,1));
// Get the value of Price At Troughs
yb2=LastValue(ValueWhen(istrough,C,2));
yb1=LastValue(ValueWhen(istrough,C,1));


PlotShapes(IIf(x==xb1+1,shapeStar,shapeNone),colorDarkGreen,0,L,-8);
//PlotShapes(IIf(istrough,shapeStar,shapeNone),colorDarkGreen,0,L,-8);
PlotShapes(IIf(x==xb2+1,shapeStar,shapeNone),colorDarkGreen,0,L,-8);
PlotShapes(IIf(x==xp1+1,shapeStar+shapePositionAbove,shapeNone),colorRed,0,H,-8);
PlotShapes(IIf(x==xp2+1,shapeStar+shapePositionAbove,shapeNone),colorRed,0,H,-8);

}


CalDivergence();
DrawPrice();

Filter=mfybulld+mfybeard+rsybulld+rsybeard+stchbulld+stchbeard;
AddColumn(mfybulld,"MFI Bull.D");
AddColumn(mfybeard,"MFI Bearish");

AddColumn(rsybulld,"RSI Bull.D");
AddColumn(rsybeard,"RSI Bearish");

AddColumn(stchbulld,"Stoch Bull.D");
AddColumn(stchbeard,"Stoch Bearish");