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Date/Time: Mon, 29 Apr 2024 07:25:01 +0000



Post From: Divergence Line Drawing

[2015-11-11 20:34:11]
CustomIndicators - Posts: 126
Sure, I don't see why not. Just a heads up, its based on the Stochastic Momentum Indicator's SMI line.

It won't backfill drawings, so if you want to see what happened before, just replay the chart to fill them in.

I've got Divergences in here, colored Blue.
I've got Continuations in here, colored Yellow.

I placed options in the settings that will allow you to adjust the SMI line.

White lines that flicker on and off are Continuations that haven't locked yet.

Turquoise lines that flicker on and off are Divergences that haven't locked yet.

A secondary mark that will tell you if they are locked or not locked yet, is the arrows that appear. Big arrows haven't locked yet. When it locks, they become smaller.

If you would like me to change the oscillator over to one of your preference, let me know. I'm perfectly happy to take the 5 minutes it takes to code it. This can be anything from your personal oscillator line, to one of the existing studies such as the MACD. I can pull arrays from any other indicator for this purpose.

When adding the custom study, you will notice that there is an indicator, and a bot in the DLL. Don't trust the bot. It isn't finished, and will just lose you money. To be safe, I coded for the bot to force simulation mode when placed onto the chart, but by changing the setting: "Simulation Mode On" from 0 to 1, it will become active. I recommend not using the bot. It simply doesn't have a good exit strategy yet.

If you have an exit in mind that you think would work well, we can work with each other in private to try it out. I find that using continuations and divergences together can make wonderful bot entry points. Just gotta find the right combination. If we get it working, we can share it.

PS: Sorry about the name of the study. I'm in a room all alone every day coding bots, and simply need some entertainment.
attachmentDiveCunt.dll - Attached On 2015-11-11 20:34:03 UTC - Size: 298 KB - 642 views