Relative Strengh Index Divergences

• 09/26/2022 at 9:33 AM #201404
  Alai-n

  Bonjour,

  Je vais très certainement dire une ânerie, mais je m’interroge sur certaines lignes du code Rsi Divergences disponible dans la bibliothèque des indicateurs !

  En effet l’auteur a choisi de prendre le (close) pour définir son MyRSI (ligne 15), cependant si je ne dis pas de bêtises lignes 24, 29, 30 et 33 il compare des High avec des High pour détecter des divergences baissières et inversement lignes 44, 49, 50 et 53 des Low avec des Low pour détecter

  des divergences haussières !!! N’y aurait-il pas un non sens car le MyRsi est paramétré sur la Close ???

  Realtive Strengh Index Divergences Anomalies

  //RSI Divergences By Frank (Francesco) //Description: the indicator draws arrows on chart as entry points when a direct or an hidden RSI divergence is found. //When a DIRECT divergence is found, "dd" (direct divergence) text is added to chart over (Sell signal) or under (Buy signal) the arrow //When an HIDDEN or INVERSE divergence is found, "hd" (hidden divergence) text is added to chart over (Sell signal) or under (Buy signal) the arrow //Variables: //RsiPeriod: number of bars to calculare RSI value //RsiOverSold: Oversold Level //RsiOverBought: OverBought Level //MinBarRange: minimum distance from two consecutive RSI Highs or RSI Lows Rge = averagetruerange[10](close) MyRSI = rsi[RsiPeriod](Close) ONCE ShiftText = 3 RsiMax = MyRSI < MyRSI[1] and MyRSI[1] > MyRSI[2] and MyRSI[1] > RsiOverBought RsiMin = MyRSI > MyRSI[1] and MyRSI[1] < MyRSI[2] and MyRSI[1] < RsiOverSold if RsiMax then RSIMax1 = MyRSI[1] High1 = High[1] for I = MinBarRange to 80 if RsiMax[I] then RSIMax2 = MyRSI[I + 1] High2 = High[I + 1] If High1 > High2 and RSIMax1 < RSIMax2 then DRAWARROWDOWN(barindex, High + Rge / ShiftText)coloured(255,192,203,255) DRAWTEXT("dd", barindex, High + Rge / ShiftText / 0.3,SansSerif,Italic,10)coloured(0,0,255,255) elsif High1 < High2 and RSIMax1 > RSIMax2 then DRAWARROWDOWN(barindex, High + Rge / ShiftText)coloured(255,192,203,255) DRAWTEXT("hd", barindex, High + Rge / ShiftText / 0.2,SansSerif,Italic,10)coloured(0,0,255,255) endif break endif next endif if RsiMin then RSIMin1 = MyRSI[1] Low1 = Low[1] for I = MinBarRange to 80 if RSIMin[I] then RSIMin2 = MyRSI[I + 1] Low2 = Low[I + 1] If Low1 < Low2 and RSIMin1 > RSIMin2 then DRAWARROWUP(barindex, lOW - Rge / ShiftText)coloured(0,0,255,255) DRAWTEXT("dd", barindex, lOW - Rge / ShiftText / 0.3,SansSerif,Italic,10)coloured(0,0,255,255) elsif Low1 > Low2 and RSIMin1 < RSIMin2 then DRAWARROWUP(barindex, lOW - Rge / ShiftText)coloured(0,0,255,255) DRAWTEXT("hd", barindex, lOW - Rge / ShiftText / 0.2,SansSerif,Italic,10)coloured(0,0,255,255) endif break endif next endif return

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  //RSI Divergences By Frank (Francesco)   //Description: the indicator draws arrows on chart as entry points when a direct or an hidden RSI divergence is found. //When a DIRECT divergence is found, "dd" (direct divergence) text is added to chart over (Sell signal) or under (Buy signal) the arrow   //When an HIDDEN or INVERSE divergence is found, "hd" (hidden divergence) text is added to chart over (Sell signal) or under (Buy signal) the arrow   //Variables: //RsiPeriod: number of bars to calculare RSI value //RsiOverSold: Oversold Level //RsiOverBought: OverBought Level //MinBarRange: minimum distance from two consecutive RSI Highs or RSI Lows   Rge = averagetruerange[10](close) MyRSI = rsi[RsiPeriod](Close)   ONCE ShiftText = 3   RsiMax = MyRSI < MyRSI[1] and MyRSI[1] > MyRSI[2] and MyRSI[1] > RsiOverBought RsiMin = MyRSI > MyRSI[1] and MyRSI[1] < MyRSI[2] and MyRSI[1] < RsiOverSold   if RsiMax then RSIMax1 = MyRSI[1] High1 = High[1]   for I = MinBarRange to  80   if RsiMax[I] then    RSIMax2 = MyRSI[I + 1]    High2 = High[I + 1]    If High1 > High2 and RSIMax1 < RSIMax2 then     DRAWARROWDOWN(barindex, High + Rge / ShiftText)coloured(255,192,203,255)     DRAWTEXT("dd", barindex, High + Rge / ShiftText / 0.3,SansSerif,Italic,10)coloured(0,0,255,255)    elsif High1 < High2 and RSIMax1 > RSIMax2 then     DRAWARROWDOWN(barindex, High + Rge / ShiftText)coloured(255,192,203,255)     DRAWTEXT("hd", barindex, High + Rge / ShiftText / 0.2,SansSerif,Italic,10)coloured(0,0,255,255)    endif    break   endif next endif   if RsiMin then RSIMin1 = MyRSI[1] Low1 = Low[1]   for I = MinBarRange to  80   if RSIMin[I] then    RSIMin2 = MyRSI[I + 1]    Low2 = Low[I + 1]    If Low1 < Low2 and RSIMin1 > RSIMin2 then     DRAWARROWUP(barindex, lOW - Rge / ShiftText)coloured(0,0,255,255)     DRAWTEXT("dd", barindex, lOW - Rge / ShiftText / 0.3,SansSerif,Italic,10)coloured(0,0,255,255)    elsif Low1 > Low2 and RSIMin1 < RSIMin2 then     DRAWARROWUP(barindex, lOW - Rge / ShiftText)coloured(0,0,255,255)     DRAWTEXT("hd", barindex, lOW - Rge / ShiftText / 0.2,SansSerif,Italic,10)coloured(0,0,255,255)    endif    break   endif next endif   return

   

  

  Alai-n

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  09/26/2022 at 10:07 AM #201407
  Nicolas

  Une divergence c’est simplement une désynchronisation entre un indicateur qui se calcule sur une période avec le prix qui lui ne connaît aucune bornes. On peut détecter des divergences entre des bananes et des abricots si on veut 😆

  Ce que je veux dire c’est qu’il n’y a aucune notion empirique sur comment doit se trouver une divergence. Ici à mon sens, il n’y a pas de problème particulier, 99% des détections de divergences se font en utilisant le paramétrage par défaut de l’oscillateur avec lequel on compare le prix et on utilise le Close.

  Par ailleurs, chacun voyant midi à sa porte sur ce sujet, libre à toi de modifier le prix utilisé dans le code que tu as indiqué 😉

   

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  Alai-n

  

  Nicolas

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  09/26/2022 at 10:45 AM #201412
  Alai-n

  Bon, Ok…

  

  Alai-n

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