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Divergence screening

Lasse · 2016-06-18T22:38:52+00:00

Hi, when trying to setup a screening of shares based on the indicators MACD-/CCI- and RSI-divergence I just get a message that these indicators are not available in Probuilder language. I have tried to search in the forum for an answer without success. Can I create a screening via manual coding instead? The screening should ideally find shares with divergence in minimum 2 out of the 3 indicators on a daily basis. many thanks in advance!

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ProScreener: Market Scanners & Detection
Divergence screening

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02/14/2018 at 11:15 AM #62706 quote

Nicolas
Keymaster

Legend

The divergences code is not using the zero line, to find peaks and troughs, it uses the crosses of the oscillator with a moving average, a smart way to avoid loops and arrays by storing these crosses into variables. If a cross occurs it means that the oscillator is returning to its mean (the center of the oscillator) and forming a new highest high or lowest low.
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Divergence screening

ProScreener: Market Scanners & Detection

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Lasse @lasse Participant

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This topic contains 15 replies,
has 5 voices, and was last updated by Nicolas
8 years, 8 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	06/18/2016
Status:	Active
Attachments:	4 files

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Divergence screening

Stuck on this ProBuilder code?

Divergence screening ProScreener: Market Scanners & Detection

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Divergence screening

ProScreener: Market Scanners & Detection