MACD Divergences on price and indicator

v10.3
MACD Divergences on price and indicator

Here you are an indicator that shows divergences on price and MACD at the same time.

Indeed, you need to put 1 indicator on the price chart and another as a new indicator.

Divergences are drawn automatically and it does not repaint.

 

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. supertiti • 184 days ago #

    @ Jose
    Gracias por estos indicadores que parecen muy buenos !

    @Nicolas
    Puedes preguntar a PRT para tener los segmentos mas gruesos ?

    gracias

  2. Jose7674 • 184 days ago #

    De nada, un placer. Adaptarlo a cualquier otro indicador es sencillo.
    Si el indicador es rapido (estocastico, rsi), N deberia ser 20.

    En indicadores mas “lentos” como un MACD estandar se puede subir el valor de N a 40

  3. juanj • 183 days ago #

    Neat! You should do the same for RSI and MFI. I usually validate divergence on all three.

    • Jose7674 • 183 days ago #

      It’s quite simple.
      Just change mimacd=rsi[14](close)
      On both and it’s done

      You can use any other indicator this way

  4. JohnScher • 182 days ago #

    ty
    fine work
    I’ve been looking for this for a long time.

  5. Inertia • 180 days ago #

    Well done !

  6. TAC Bolsa • 179 days ago #

    Muy Buen trabajo Jose… no lo he podido mirar hasta ahora… y me parece muy bueno…… sobre todo en otros indicadores, con tu permiso lo adaptare para otros indicadores como HPI.. la versión mejorada..

    • Jose7674 • 178 days ago #

      Claro, es muy sencillo de adaptar!
      Ya pondrás algún resultado o idea que saques. La idea surgió al ver tu indicador modificado. Creía que también dibujaba las divergencias … y ya empecé a pensar como hacerlo

  7. cc • 131 days ago #

    Excelente indicador @jose7674 Seria ideal que pudiera detectar las divergencias reales como lo hace y ademas las escondidas (hidden). Gracias

  8. tradingthelife • 48 days ago #

    @jose7674 este indicador es una auténtica joya, muchas gracias por compartirlo.
    Uno de los inconvenientes es la visibilidad, como comentaba @supertiti. Lo he tuneado un poco y después del drawsegment he añadido

    DRAWARROWDOWN(barindex[1], miRSI[1]) COLOURED(200,0,0)

    para las bajistas, y

    DRAWARROWUP(barindex[1], miRSI[1]) COLOURED(0,200,0)

    para las alcistas.

    Lo de las divergencias ocultas sería un plus. No tengo nivel para esto, pero @Francesco hizo también un gran trabajo con este indicador que sí las incluye: https://www.prorealcode.com/prorealtime-indicators/rsi-classical-hidden-divergences-indicator/

    Saludos y gracias de nuevo por tu aporte.

  9. abhay • 33 days ago #

    divergence lines on MACD indicator are not showing. It shows only on Price chart

    • Nicolas • 33 days ago #

      Because you have to apply it on the price chart too.

  10. tradingthelife • 26 days ago #

    Hay alguna manera de hacer un proscreener para este indicador? Lo he intentado pero no lo consigo.
    Saludos y gracias.

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+10 more likes

Related users ' posts
Nicolas Thank you Xusto. Thank you a lot for your contribution :) Since your code is a Pathfinder'...
Xusto Hello, Fully Agree, I will update it with your advice. Btw Can would you like share you co...
AGTrader Interesante, muy visual Doc. Felicidades!!!
Andraxx simplemente impresionante Dom...te sigo en youtube. Me ha gustado tu canal. Gracias por comp...
Toto le Heros Thanks Nicolas. I read somewhere that in the calculation, we should round the value of the A...
Nicolas aADX = round(adx[10])
JanWd Hey Doctrading, I tried your code, optimising the A and V and the RSI period, see below. ...
Glen Marquis This will work as there is plenty of room for the Target before the Stop, yet the Stop would...
magicT I did a copy and paste of this code and PRT 10.3 returns a synthax mistake: OneTradePerD...
Nicolas Je le retrouve très rapidement dans notre forum: https://www.prorealcode.com/topic/cumulativ...
sublime06 merci, j ai essayer mais erreur, il me dit la fonction prc n existe pas ?
Nicolas "PRC_CumVol ZigZag Divergences", c'est le nom de cet indicateur, il doit être présent dans l...
MaoRai54 Hi, first of all Happy New Year. Well, I've inserted your indicator in DAX 1h but I cann...
Vinks_o_7 Hi Mao Happy New Year ! This is just an improved RSI where you plot a standard price momen...
Angel Perez Ciao Francesco. First of all thanks for the indicator and also fro the screener. I do have a...
fabioerliam P.s. ho provato a togliere le divergenze nascoste (hd) dall'indicatore, ma nonostante inseri...
remembers Salve ho notato che questo indicatore non mi funziona importandolo correttamente. Idee?
olpey Hello Francesco, Is there any parameters that you recommend for lower or higher TF please T...
juanj Definitely, need to code this into an automated strategy.
Marc Boliart dear nicolas, tyvm for your indicators and strategies, i have this following error when i ch...
Nicolas Your picture is too small, but for sure the problem is about the fact you are still using v1...
TAC Bolsa
1 year ago
RB-MACD TIMING
RB-MACD TIMING
0
Screeners
thierryp Bonjour Nicolas, merci pour le travail que vous effectuez. Je ne suis vraiment pas bon dans ...
Wiezman74 any chance you can email me this indicator for MT4,, can't get the code to work.. limited kn...
Nicolas This website is dedicated to prorealtime programming. But you can ask for custom programming...
bolsatrilera Hi Nicolas, I have this version of the True Balance Power ,created by eykpunter on Tradingvi...
bolsatrilera and the code : REM TRUE BALANCE OF POWER // código original de eykpunter para la plataform...
Nicolas Bitte öffnen Sie ein neues Thema im Forum, um Ihre Abfrage zu spezifizieren. Vielen Dank.
mishaal how can I post this indicator its not work there is an error by programming
Nicolas Just download the itf file and import it into the platform, that's a better way than copy pa...
oraclus Merci il lui ressemble bcp
juanj Think this is something we can experiment with in the 'universal' strategy along with the Bo...
ggolfet Hello Francesco, thanks for the code. Now I can do backtests on this indicator. I'm testin...
Lotech123 Thanks for this indicator. Working on a 3 M timeframe with the DJI, it can produce some inte...
JSTAR PRODUCTIONS Hi there, I downloaded the Indicator but the indicator does not show up on my charts. Am...
JSTAR PRODUCTIONS Hi, Worked it out. Thanks

Top