Part of the average directional Index technical indicator (ADX). Return value of the DI+ line over N periods.
Syntax:
|
1 |
DIplus[N](price) |
Example:
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
minus = DIminus[14](open) plus = DIplus[14](open) if(minus>plus AND minus[1]<plus[1]) THEN bull = 1 bear = 0 ENDIF if(minus<plus AND minus[1]>plus[1]) THEN bull = 0 bear = -1 ENDIF RETURN bull, bear |
DivergenceCCI
ProRealTime v11Return signals of the internal CCI divergences indicator of the platform.
Syntax:
|
1 |
DivergenceCCI[CCIperiod, LowCCIthreshold, HighCCIthreshold, Bars] |
Where:
CCIperiod = Commodity Channel Index (CCI) indicator period of calculation, default is 20 periods
LowCCIthreshold = Lowest bound of the CCI indicator, default is -100
HighCCIthreshold = Highest bound of the CCI indicator, default is 100
Bars = Bars quantity to detect a potential divergences, default is 20
DivergenceMACD ProRealTime v11Return signals of the internal MACD divergences indicator of the platform.
Syntax:
|
1 |
DivergenceMACD[Fastperiod, SlowPeriod, SignalPeriod, Bars](price) |
Where:
Shortperiod = Moving Average Convergence Divergence (MACD), fast MA period of calculation, default is 12 periods
SlowPeriod = Moving Average Convergence Divergence (MACD), slow MA period of calculation, default is 26 periods
SignalPeriod = MACD signal line MA period of calculation, default is 9 periods
Bars = Bars quantity to detect a potential divergences, default is 20
DivergenceRSI ProRealTime v11Return signals of the internal RSI divergences indicator of the platform.
Syntax:
|
1 |
DivergenceRSI[RSIperiod, LowRSIthreshold, HighRSIthreshold, Bars](price) |
Where:
RSIperiod = Relative Strength Index (RSI) indicator period of calculation, default is 5 periods
LowRSIthreshold = Lowest bound of the RSI indicator, default is 30
HighRSIthreshold = Highest bound of the RSI indicator, default is 70
Bars = Bars quantity to detect a potential divergences, default is 20
DonchianChannelCenter ProRealTime v11Returns the Donchian channel middle line (mean of the highest High and lowest Low of the last X periods).
Syntax:
|
1 |
DonchianChannelCenter[period] |
Where “period” is used to determine the middle line price between the current bar and period bars ago.
DonchianChannelDown ProRealTime v11Returns the Donchian channel lower line (lowest low of last X periods).
Syntax:
|
1 |
DonchianChannelDown[period] |
Where “period” is used to determine the lowest Low price between the current bar and period bars ago.
DonchianChannelUp ProRealTime v11Returns the Donchian channel upper line (highest high of last X periods).
Syntax:
|
1 |
DonchianChannelUp[period] |
Where “period” is used to determine the highest High price between the current bar and period bars ago.
Return value of the Detrented Price Oscillator technical indicator over N periods.
Syntax:
|
1 |
DPO[N](price) |
Calculation of a DPO (n period)
First, calculate the (n period) moving average
Then it is necessary to move back the data of this average of n/2+1) days ago.
Indicator DPO is finally : (close – Data of the moving average (n/2+1) days ago).
This indicator reduces the price trend and cycles become more visible.
While visualizing the tops and the bottoms, the DPO emphasizes the cycles.
Example:
|
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 |
myDPO = DPO[21](typicalprice) FOR i = 1 TO 10 DO if(myDPO[i]>value) THEN value = myDPO[i] ENDIF NEXT if(myDPO>value) THEN extremebullish = 1 ELSE extremebullish = 0 ENDIF RETURN extremebullish COLOURED(124,252,0) |
DynamicZoneRsiDown ProRealTime v11Returns the lower line of the Dynamic Zone RSI indicator.
The Dynamic Zone RSI oscillator is similar to a classic RSI with Bollinger Bands of 0.8 standard deviation applied on it.
Syntax:
|
1 |
dynamiczonersidown[RSIperiod,BBperiod](price) |
Where:
DynamicZoneRsiUp ProRealTime v11Returns the upper line of the Dynamic Zone RSI indicator.
The Dynamic Zone RSI oscillator is similar to a classic RSI with Bollinger Bands of 0.8 standard deviation applied on it.
Syntax:
|
1 |
dynamiczonersiup[RSIperiod,BBperiod](price) |
Where:
