Positive Divergence detection?

• 03/08/2023 at 2:26 PM #211113
  marco7630

  Hello,

   

  Is there an easy way to detect assets that show a positive divergence at the moment?

   

  gr Marco

  

  marco7630

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  03/08/2023 at 5:40 PM #211128
  robertogozzi

  Divergence between what… Price vs. RSI, Price vs. MACD, MACD vs. RSI, etc… ?

   

  

  robertogozzi

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  03/08/2023 at 5:44 PM #211129
  marco7630

  Hi,

  Sorry. price and RSI 14

   

  gr Marco

  

  marco7630

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  03/08/2023 at 6:18 PM #211138
  robertogozzi

  There you go:

  myDIV = DivergenceRSI[14, 30, 70, 20](close) Signal = 0 IF myDIV > 0 THEN Signal = 1 ELSIF myDiv < 0 THEN Signal = 2 ENDIF SCREENER[Signal](Signal AS "Div.")

  1 2 3 4 5 6 7 8

  myDIV  = DivergenceRSI[14, 30, 70, 20](close) Signal = 0 IF myDIV > 0 THEN    Signal = 1 ELSIF myDiv < 0 THEN    Signal = 2 ENDIF SCREENER[Signal](Signal AS "Div.")

  1 = bullish Div.

  2 = bearish Div.

   

  

  robertogozzi

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  03/08/2023 at 7:27 PM #211145
  marco7630

  Hi Roberto,

   

  Thanks. What do you mean with:

  1 = bullish Div.

  2 = bearish Div.

   

  And how can i make it only weekly base instead of daily?

   

  gr Marco

  

  marco7630

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  03/08/2023 at 11:51 PM #211158
  robertogozzi

  Sorry, I missed that it could have been misinterpreted. Div. stands for Divergence.

  Bullish means on the uprise or going North, Bearish means on the downside or going South.

  1 and 2 are the returned values so you can tell which type is returned.

  Apply it to whatever timeframe you need to, be it Weekly or 1 minute.

   

  

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  03/09/2023 at 7:23 AM #211162
  marco7630

  Hi Roberto,

   

  Thanks. I did know what bullish and bearish is fortunately:-). I was not sure what you meant with the 1 and the 2 but i see there is a colum with 1 and 2’s after running the screener:-)

   

  One last question.

  What do i need to add to only see assets with a close >5 and average daily volume > 500000

   

  Gr Marco

  

  marco7630

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  03/09/2023 at 7:47 AM #211163
  robertogozzi

  There you go:

  myDIV = DivergenceRSI[14, 30, 70, 20](close) Signal = 0 IF myDIV > 0 THEN Signal = 1 ELSIF myDiv < 0 THEN Signal = 2 ENDIF c1 = close > 5 c2 = average[10,0](volume) > 500000 SCREENER[Signal AND c1 AND c2](Signal AS "Div.")

  1 2 3 4 5 6 7 8 9 10

  myDIV  = DivergenceRSI[14, 30, 70, 20](close) Signal = 0 IF myDIV > 0 THEN    Signal = 1 ELSIF myDiv < 0 THEN    Signal = 2 ENDIF c1 = close > 5 c2 = average[10,0](volume) > 500000 SCREENER[Signal AND c1 AND c2](Signal AS "Div.")

  

  robertogozzi

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  03/09/2023 at 9:54 AM #211178
  marco7630

  Thanks Roberto

  

  marco7630

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