Programming divergence of stochastic

• 12/12/2016 at 11:29 AM #18306
  kg6450

  Hi all, I was hoping that someone would be able to help me program a divergence in price and stochastic indicator.

  What I am looking to test for is a lower high in price compared to a previous high, while the stochastic indicator shows a lower high compared to the previous high?

  Has anyone coded something like this before?

  

  kg6450

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  12/15/2016 at 9:41 AM #18544
  Nicolas

  Please find attached the indicator code for stochastic divergences. The indicator spot divergences between price and the crossover of the stochastic with its own moving average signal line.

  The stochastic values are only taken into account if they are above the overbought zone or below the oversold zone (you can modify these levels at will in the parameters).

  This is the same code as the ones from the MACD or RSI divergences indicators already posted into the Library in other different format:

  • MACD divergence
  • RSX divergence

  

  Nicolas

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  12/15/2016 at 1:43 PM #18581
  supertiti

  Bonjour Nicolas,
  Je rajoute cette ligne pour identifier de quelle divergence (bull) on parle mais le retour image n’est pas top ! d’où vient mon erreur STP

  DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 )

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  DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 )

   

  

  supertiti

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  12/15/2016 at 1:47 PM #18584
  Nicolas

  @Supertiti

  Merci de parler en Anglais dans le forum Anglais.

  Please speak English in English Forums!!

  

  Nicolas

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  12/15/2016 at 1:49 PM #18585
  supertiti

  Hello Nicolas,

  I add this line to identify what divergence (bull) we talk about but the image return is not top! Where  my error comes from

  

  supertiti

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  12/15/2016 at 2:57 PM #18596
  supertiti

  <strong>Why the bull histogramm don't match !!??</strong> // DIVERGENCES STO PRC adapted from HK-LISSE code x = stochastic[p,k] y = average[d](x) 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 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 //////////////////////////////////////////////// <strong>If signB CROSSES UNDER 0 then DRAWTEXT ( "S " ,barindex,- 0.20,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "T " ,barindex,- 0.30,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "O " ,barindex,- 0.40,dialog,standard,20) coloured ( 255,0,127 ) endif If signH CROSSES OVER 0 then DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 ) endif</strong> return signH as " div STO bull ", signB as " div STO bear " , 0 as " zero " // Variables : // p = 14 // Overboughzone = 80 // Oversellzone = 20 // K = 3 // D = 6

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  <strong>Why the bull histogramm don't match !!??</strong>     // DIVERGENCES STO PRC adapted from HK-LISSE code     x = stochastic[p,k] y = average[d](x)     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   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 //////////////////////////////////////////////// <strong>If signB CROSSES UNDER 0 then DRAWTEXT ( "S " ,barindex,- 0.20,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "T " ,barindex,- 0.30,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "O " ,barindex,- 0.40,dialog,standard,20) coloured ( 255,0,127 ) endif   If signH CROSSES OVER  0 then DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 ) endif</strong>   return     signH as " div STO bull ", signB as " div STO bear " , 0 as " zero "     // Variables : // p = 14 // Overboughzone = 80 // Oversellzone = 20 // K = 3 // D = 6

   

  

  supertiti

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  12/15/2016 at 5:10 PM #18608
  supertiti

  OK

  If signB < 0 then DRAWTEXT ( "S " ,barindex,- 0.20,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "T " ,barindex,- 0.30,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "O " ,barindex,- 0.40,dialog,standard,20) coloured ( 255,0,127 ) endif If signH > 0 then DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 ) endif

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  If signB < 0 then DRAWTEXT ( "S " ,barindex,- 0.20,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "T " ,barindex,- 0.30,dialog,standard,20) coloured ( 255,0,127 ) DRAWTEXT ( "O " ,barindex,- 0.40,dialog,standard,20) coloured ( 255,0,127 ) endif   If signH > 0 then DRAWTEXT ( "O " ,barindex,0.20,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "T " ,barindex,0.30,dialog,standard,20) coloured ( 0,153,0 ) DRAWTEXT ( "S " ,barindex,0.40,dialog,standard,20) coloured ( 0,153,0 ) endif

   

  

  supertiti

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  12/23/2016 at 4:12 PM #19060
  kg6450

  Hi Nicholas sorry for not responding, I’ve been away for a while.

  Thanks for the link I will have a go with those!

  

  kg6450

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  11/14/2017 at 12:30 PM #52700
  pieroim

  Hi, I want reduce the false signal on the stochastic divergence by considering true signals only that signals generated when the stochastic remain under the oversold zone or above the overbought zone.

  In the attached picture you can see that the code doesn’t work correctly.. you can see the code too, but I don’t understand why.. Nicolas can you help me?

  Thanks

  Piero

  

  pieroim

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  11/15/2017 at 9:52 AM #52802
  Nicolas

  This is already what the code does (if I remember correctly), you have to define yourself the level of the “oversoldzone” and also for “overboughtzone” in the code.

  

  Nicolas

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  11/15/2017 at 10:30 AM #52806
  pieroim

  No Nicolas, see the pictures..

  ————————————–

  Another question, from yesterday I have a mistake from the Proscreener web area when I go to write a new post, this is the post:

  Title: Is there a way to do a screening of the only last “x” bars?

  I’m working on a stochastic divergence screening routine, but it give me all the signals that it find in the period that it go to analyze (I don’t know how long is the period), is there a way to retrieve only the signals that it find in the last fixed number of bars?

  Barindex can work in the proscreening?

  Thank’s

  Piero

  

  pieroim

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  11/15/2017 at 10:39 AM #52812
  pieroim

  This is another mistake that the indicator gives:

   

  

  pieroim

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