RSI divergence indicator open source not working as expected

• 08/30/2019 at 8:48 AM #105892
  Thally

  Hi All,

  I am trying to use the RSI divergence open source (https://www.prorealcode.com/topic/rsi-divergence/) indicator in a strategy. However it is not giving readings as expected. It seems to be missing key divergence events that are captured by the closed code version of the indicator, which I cannot use in a trading system. Attached is a screenshot showing an example. Does anyone have any ideas as to why this might be and whether there is a workaround?

  Thanks,

  Thally

  

  Thally

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  08/30/2019 at 8:55 AM #105894
  Nicolas

  That “open source” version is NOT the same as the internal indicator of the platform (but I find it close), that’s why you don’t get the exact same signals!

  In version 11, the RSI divergences of the platform is available through a new instruction (List of new instructions (indicators) available in PRT version 11 )

  FYI, some other divergences topics: https://www.prorealcode.com/topics-tag/divergences/

   

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  Thally

  

  Nicolas

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  08/30/2019 at 7:41 PM #105951
  Thally

  Thanks Nicolas. I’ll investigate further. The open source indicator misses some critical signals as shown in the plot leaving little confidence as using it as part of a trading system. I’ll have a bash at programming my own. Looking forward to v11!

  

  Thally

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