Hi Nicolas and Traders,
in the last days i’ve done some backtest on divergence, since i realy think it really gives an edge.
Results were pretty good and i like the idea behind it.
I personally used CCI-Divergence, based on the cci-divergence indicator in the following thread, posted from Nicolas and based on the code from HK-LISSE:
https://www.prorealcode.com/reply/10038/
Code is:
// DIVERGENCES CCI adapted from HK-LISSE code
x = CCI[p]
y=average[filterperiod](x)
// BEARISH DIVERGENCES CCI
if x>overboughtzone then
hi=max(hi,x)
hico=max(hico,max(high,high[1]))
endif
if x crosses under y then
sto2b=sto1b
sto1b=hi
hi=0
p3b=p1b
p2b=max(p1b,hico1)
p1b=max(highest[3](high),hico)
if p2b=p1b then
p2b=max(p3b,p4b)
endif
hico=0
hico1=0
endif
if x<y then
p4b=hico1
hico1=max(hico1,high)
endif
if p1b>p2b and sto1b<sto2b and x crosses under y and x<x[1] then
signB= -2
else
signB= 0
endif
// BULLISH DIVERGENCES CCI
if x<oversoldzone then
lo=min(lo,x)
lowco=min(lowco,min(low,low[1]))
endif
if x CROSSES OVER y then
sto2h=sto1h
sto1h=lo
lo=100
p3h=p1h
p2h=min(p1h,lowco1)
p1h=min(lowest[3](low),lowco)
if p2h=p1h then
p2h=min(p3h,p4h)
endif
lowco=100000
lowco1=100000
endif
if x>y then
p4h=lowco1
lowco1=min(lowco1,low)
endif
if p1h<p2h and sto1h > sto2h and x crosses over y and x>x[1] then
signH= 2
else
signH= 0
endif
////////////////////////////////////////////////
return signH as " div CCI H ", signB as " div CCI B " , 0 as " zero "
Since i’m not very clever at coding, my question is:
Is it possible to add hidden divergences to the indicator?
This would be absolutely awesome!
Should be a almost complete toolkit to trade then.
Any help would be highly appreciated 🙂
Many thanks in advance and best regards
Robert
Sorry GraHal,
you’re absolutely right!
Totally forgot about it.
Thank you very much for posting the links.
Shortly for everyone:
UPTREND
Price: Higher Low
Indicator: Lower Low
-> Price should continue to rise
DOWNTREND
Price: Lower High
Indicator: Higher High
-> Price should continue to fall
Greetings,
Robert
Hola,
¿alguien ha redactado el codigo para divergencias ocultas?
Juanjo– English only in the English forums please.