Divergence screening

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Viewing 15 posts - 1 through 15 (of 16 total)
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  • 06/18/2016 at 11:38 PM #9550
    Lasse

    Hi,

    when trying to setup a screening of shares based on the indicators MACD-/CCI- and RSI-divergence I just get a message that these indicators are not available in Probuilder language. I have tried to search in the forum for an answer without success. Can I create a screening via manual coding instead? The screening should ideally find shares with divergence in minimum 2 out of the 3 indicators on a daily basis.

    many thanks in advance!

    06/19/2016 at 9:52 AM #9555
    Nicolas

    Hi, there are divergence indicators recoded available in the library. Please make a search, I’m sure you’ll find them. Use these indicators instead in your own market screener.
    Let me know if you are still in trouble.

    06/19/2016 at 10:02 PM #9570
    Lasse

    Hi Nicolas,

    I took another search for Divergence in the forum but did not find exactly what I am looking for. If you have a few links you think answer my request please let me know. Since I am not so familiar with prorealcoding, I wonder if you maybe could help me putting together a coding that screens for all three divergence indicators (MACD, CCI and RSI) at the same time and return the shares that have divergence in at least 2 out of the 3 indicators – on a particular day?

    06/20/2016 at 11:14 AM #9581
    Nicolas

    I found 2 divergences indicators :

    RSX(similar to RSI) :

    http://www.prorealcode.com/prorealtime-indicators/divergences-rsx/

    and the recent one I made for MACD zerolag:

    http://www.prorealcode.com/prorealtime-indicators/macd-divergences-from-price/

    You can refer to this indicator with CALL instruction in your stock screener.

    But, I don’t think that 3 divergences of 3 different indicators can occur at the same time.

    06/21/2016 at 9:11 PM #9646
    Lasse

    Thanks a lot! I changed the periods from P=20 to P=10 for your RSX indicator and ran it with comparison to the default RSI divergence indicator. They dont provide the same results, why?

    Please see attached picture.

    Divergence on 3 different indicators at the same time happens from time to time depending on the values of the parameters. The signal seems to be pretty solid thats why I wanted to have it on my screener. Do you also the CCI divergence indicator coded?

    thanks

    Lasse

     

    06/21/2016 at 9:37 PM #9649
    Nicolas

    These 2 indicators gave not similar results because there are different ones. The code from the divergence RSI indicator embedded in the platform is not available, the RSX one is just an attempt to recreate it from scratch.
    About the CCI one, not available here, but I can make it later this week or next one.

    06/21/2016 at 9:44 PM #9650
    Lasse

    ok! looking forward to see your CCI divergence codes.

    Thanks.

    06/29/2016 at 9:09 PM #10003
    Lasse

    Hi Nicolas,

    did you have time to look at the CCI divergence coding yet?

    06/30/2016 at 4:07 PM #10038
    Nicolas

    Hello,

    Please find attached the CCI Divergence indicator for prorealtime. This one is the RSI one quickly adapted to CCI indicator. I add a “filterperiod” parameter to get more or less signals because the CCI is more “noisy” than RSI with the same default period (14).

     

    07/04/2016 at 10:12 PM #10210
    Lasse

    Hi Nicolas,

    What should the parameters be in order to get same results as the standard CCI divergence indicator from the platform?

    07/05/2016 at 8:27 AM #10213
    Nicolas

    Hi, I don’t know, never used it before. At least the same period? Please also consider that this code is a attempt to catch divergences without doing loop in the past or by knowing in advance the history, like the PRT original version. So differences between these 2 indicators are normal.

    08/20/2017 at 11:12 AM #44245
    magilarry

    Hi Nicholas

    this is my first post.

    You are great and continue to provide awesome ideas and prorealcodes.

    Would you please check if this version of CCI divergence is okay with some changes? just add arrows to apply to price directly instesad of indicator in different window

    appreciate your kind feedback

    thank you so much

    giuseppe

     

    09/11/2017 at 11:16 PM #45975
    unkown0403

     

    Hello everyone!!

    I’ve tried the RSI DIVERGENCE open source, but I think it doesn’t work as I wonder…

    The default one that exists on prorealtime works very well, but it is unusefull if I want to use it with an automatic trading system…(I can’t)

    Does anyone can create it as the one set for default?

    I wish it can consider at max 3 or 4 candels to get the divergence…not like this one that calculate the divergences even with the last 10 bars……

    can anyone please help me?

    09/11/2017 at 11:18 PM #45977
    unkown0403

    p.s. I use RSI set in 2 periods

    02/14/2018 at 12:27 AM #62673
    stefou102

    Hello Nicolas,

    Looking at your version of the divergence screener for various oscillators, I think understanding that you use the crossing of the zero line to spot the previous highs/lows, which is a catch to avoid having to use arrays. Is that correct?

    Because in my opinion, a divergence is only valid if the higher low (or lower high) of the oscillator is made after it has first cross the zero line, as you can see in the snapshot in attachment (us stock Clovis Oncology on daily TF). So do you think it’s technically feasible to adapt  the screener to my additional condition (a cross of the zero line between two extremes)?

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