more gann45 hocus pocus, page-39

Whyme2,
See if this helps,it aint mine but it works on my software.Note i'm not into wooshkas just thought you might like to see some code (which is beyond my skill level too)

_SECTION_BEGIN("MACD Divergence");
//
// MACD divergence system
//
// This system detects MACD and MACD-H positive and negative divergences, and
// crossovers.

// This indicator/expansion is based completely on indicators/explorations written
// by other AFL contributors, all of them much cleverer than me. There is very
// little original work here.

// As an indicator, it displays the usual MACD and MACD-H indicators. It also
// displays a shape indicating where a divergence or crossover occurs.
// As an exploration, simply select n = 1, define the stock universe to be
// examined, and press the "Explore" button. The detected stocks are listed
// together with a red/green color-coded indication of the divergence or
// crossover
// Several parameters can be configured, including the minimum divergence and
// histogram widths. Configure to suit your own requirements.

// This is still a work in progress, so if you have any suggestions or improvements,
// please let me know via the forum.

//----------------------------------------------------------------------------------

//------
// Setup
//------

// Parameters
PeriodEMA = 13;
MACDIndicatorRange = 50;

// Volume filter
VolumeFilter = Param( "Volume MA filter", 100000, 50000, 500000, 100000 );
Timeframe = Interval(2);

// Adjust for weekly if necessary
if( Timeframe == "5-day" || Timeframe == "Weekly" ) {
VolumeFilter = VolumeFilter * 5;
}
else if( Timeframe == "Monthly") {
VolumeFilter = VolumeFilter * 20;
}
else if( Timeframe != "Daily" ) {
VolumeFilter = 0;
}

// Minimum number of bars required to form a divergence pattern. For a
// positive divergence, this is the number of falling bars in the context
// of a rising MACD or MACD-H pattern. Vice versa for negative divergence
MACDDivMinWidth = Param("Divergence min width", 4, 1, 10, 1 );

// Minimum width of negative projecting wave between two positive MACD-H waves,
// otherwise two positive waves will be considered as one single wave. This
// minimises invalid divergences, to ensure that "back of bears is broken".
// The same applies for a positive wave between two negative waves.
HistMinWidth = Param("Histogram min width", 4, 1, 10, 1 );


PeriodEMA = Optimize( "PeriodEMA ", 13, 5, 23, 1 );

// Other parameters
OpenPositions = 10;
ATRPeriod = 5;
InitialCapital = 100000;

PeriodFast = Param( "Fast EMA", 12, 2, 200, 1 );
PeriodSlow = Param( "Slow EMA", 26, 2, 200, 1 );
PeriodSignal = Param( "Signal EMA", 9, 2, 200, 1 );
MACDInd = MACD(PeriodFast, PeriodSlow );
SigInd = Signal(PeriodFast, PeriodSlow , PeriodSignal );
HistInd = MACDInd - SigInd ;
_N( macdStr = WriteVal( PeriodFast, 1.0 )+","+WriteVal( PeriodSlow , 1.0 ) );
_N( sigStr = macdStr + ","+WriteVal( PeriodSignal , 1.0 ) );

// Get displayed min and max value of MACD and MACD-H, to rescale it for better visibility
scMACDMax = LastValue(HHV(Max(MACDInd, sigInd),
BarsSince( Status("barvisible") AND NOT Ref(Status("barvisible"),-1) )));
scMACDMin = LastValue(LLV(Min(MACDInd, sigInd),
BarsSince( Status("barvisible") AND NOT Ref(Status("barvisible"),-1) )));
scaleMACD = Max( abs(scMACDMax), abs(scMACDMin) );

scHistMax = LastValue(HHV(HistInd,
BarsSince( Status("barvisible") AND NOT Ref(Status("barvisible"),-1) )));
scHistMin = LastValue(LLV(HistInd,
BarsSince( Status("barvisible") AND NOT Ref(Status("barvisible"),-1) )));
scaleHist = Max( abs(scHistMax), abs(scHistMin) );


Plot( HistInd, "", colorLightBlue, styleHistogram | styleOwnScale | styleThick ,
-scaleHist * 1.2, scaleHist * 1.2);
Plot( MACDInd, "", colorGreen);
Plot( SigInd , "", colorRed);

Plot( scaleMACD * 1.2,"",colorRed,styleNoDraw);
Plot( -scaleMACD* 1.2 ,"",colorRed,styleNoDraw);
GraphXSpace = 0;

Title = EncodeColor(colorBlue) + Name() + " - MACD: M(" + macdStr + ") = "
+ WriteVal(MACDInd,1.3) + ", S(" + sigStr + ") = "
+ WriteVal(SigInd,1.3) + ", H = " + WriteVal(HistInd,1.3);

// If current symbol is NOT an index, compare volume MA to filter limit
VolumeMA = MA( V, 50 );
if( IsIndex() ) {
VolumeMABool = True;
}
else {
VolumeMABool = IsTrue( VolumeMA > VolumeFilter );
}

// Get MACD-H, EMA, Stochastics and RSI arrays
DayHist = MACD( PeriodFast, PeriodSlow ) -
Signal( PeriodFast, PeriodSlow, PeriodSignal );
DayEMA = EMA( Close, PeriodEMA );
DaySTO = StochK( 14 );
DayRSI = RSI( 14 );
DayBuyBool = IsTrue(
( // DayEMA > Ref(DayEMA,-1) // EMA rising
DaySTO < 70 // STO not overbought
// AND DayRSI > Ref(DayRSI,-1) // RSI rising
AND MACD( PeriodFast, PeriodSlow ) < 0 )
OR Timeframe == "5-day" OR Timeframe == "Weekly"
);
DaySellBool = IsTrue(
( // DayEMA < Ref(DayEMA,-1) // EMA falling
DaySTO > 30 // STO not oversold
// AND DayRSI < Ref(DayRSI,-1) // RSI falling
AND MACD( PeriodFast, PeriodSlow ) > 0 )
OR Timeframe == "5-day" OR Timeframe == "Weekly"
);


//--------------------------
// Positive MACD divergences
//--------------------------

// Get array containing for each element, when the MACD's lowest
// value occur, within the specified number of bars
MACDLowBars = LLVBars( MACDInd, MACDDivMinWidth );

// Get array defining if the MACD's previous bar was the
// minimum, AND if that MACD value < 0
MACDMinCond = MACDLowBars > 0 AND
Ref(MACDLowBars,-1) == 0 AND
Ref(MACDInd,-1) < 0;

// Get array containing MACD low bar values where lows
// occured, all other bars filled with 0
MACDLowVal = IIf( MACDMinCond , Ref(MACDInd,-1), 0 );

// Get array containing MACD low bar value at bar where MACD
// low occured, all other bars filled with preceding MACD
// low value (chandelier)
MACDLowSteps = ValueWhen( Ref(MACDMinCond,0),
Ref(MACDInd,-1), 1 );

// Get array containing price low bar values where lows
// occured, all other bars filled with huge number
PriceMACDLowVal = IIf( MACDMinCond,
Ref(LLV(L,MACDDivMinWidth ),-1),
2000000 );

// Get array containing local price low bar value at bar
// where MACD low occured, all other bars filled with preceding
// price low value (chandelier)
PriceMACDLowSteps = ValueWhen( Ref(MACDMinCond ,0),
LLV(L,MACDDivMinWidth ) );

// Get array containing differences in MACD low bar values
MACDLowDiffs = MACDLowSteps - Ref(MACDLowSteps,-1);

// Get array containing differences in price low bar values
PriceMACDLowDiffs = PriceMACDLowSteps - Ref(PriceMACDLowSteps,-1);

// Get array defining positive divergences
MACDLowBarDiffs = Ref( BarsSince(MACDMinCond ), -1 );

// Divergence signal
MACDPosDivergence = // MACDLowDiffs > 0 AND
MACDLowVal < 0
AND MACDLowVal > LLV(MACDLowVal, MACDIndicatorRange )
AND PriceMACDLowVal < LLV(Ref(PriceMACDLowVal,-1), MACDIndicatorRange )
AND PriceMACDLowDiffs < 0
AND MACDLowBarDiffs < MACDIndicatorRange
AND VolumeMABool
AND C > .10
// AND WeekBuyBool
;


//--------------------------
// Negative MACD divergences
//--------------------------

// Get array containing for each element, when the MACD's highest
// value occur, within the specified number of bars
MACDHighBars = HHVBars( MACDInd, MACDDivMinWidth );

// Get array defining if the MACD's previous bar was the
// maximum, AND if that MACD value > 0
MACDMaxCond = MACDHighBars > 0 AND
Ref(MACDHighBars,-1) == 0 AND
Ref(MACDInd,-1) > 0;

// Get array containing MACD high bar values where highs
// occured, all other bars filled with 0
MACDHighVal = IIf( MACDMaxCond,
Ref(MACDInd,-1), 0);

// Get array containing MACD high bar value at bar where MACD
// high occured, all other bars filled with preceding MACD
// high value (chandelier)
MACDHighSteps = ValueWhen( Ref(MACDMaxCond,0),
Ref(MACDInd,-1), 1 );

// Get array containing MACD high bar values where highs
// occured, all other bars filled with 0
PriceMACDHighVal = IIf( MACDMaxCond,
Ref(HHV(H,MACDDivMinWidth),-1),
0);

// Get array containing local price high bar value at bar
// where MACD high occured, all other bars filled with preceeding
// price high value (chandelier)
PriceMACDHighSteps = ValueWhen( Ref(MACDMaxCond,0),
HHV(H,MACDDivMinWidth) );

// Get array containing differences in MACD high bar values
MACDHighDiffs = MACDHighSteps - Ref(MACDHighSteps,-1);

// Get array containing differences in price high bar values
PriceMACDHighDiffs = PriceMACDHighSteps - Ref(PriceMACDHighSteps,-1);

// Get array defining negative divergences
MACDHighBarDiffs = Ref( BarsSince(MACDMaxCond), -1 );

// Divergence signal
MACDNegDivergence = // MACDHighDiffs < 0 AND
MACDHighVal > 0
AND PriceMACDHighVal > HHV( Ref(PriceMACDHighVal,-1), MACDIndicatorRange )
AND MACDHighVal < HHV( MACDHighVal, MACDIndicatorRange )
AND PriceMACDHighDiffs > 0
AND MACDHighBarDiffs < MACDIndicatorRange
AND VolumeMABool
AND C > .10
// AND WeekBuyBool
;


//------------------------------------
// Positive MACD Histogram divergences
//------------------------------------

// Get array containing when positive and negative and positive
// crossovers occured
HistPosCrossover = Cross( HistInd, 0 ) ;
HistNegCrossover = Cross( 0, HistInd ) ;
BarsSinceNegCross = BarsSince( HistNegCrossover );
BarsSincePosCross = BarsSince( HistPosCrossover );

// Get arrays containing for each element, when the MACD-H lowest
// values occur, within the specified number of bars
HistLowBars = LLVBars( HistInd, MACDDivMinWidth );

// Get array defining if the MACD-H previous bar was the minimum
// AND if that MACD-H value was < 0 or > 0
HistMinCond = HistLowBars > 0 AND
BarsSinceNegCross >= HistLowBars AND
Ref(HistLowBars,-1) == 0 AND
Ref(HistInd,-1) < 0;

// Get array containing MACD-H low bar values where lows
// occured, all other bars filled with 0
HistLowVal = IIf( HistMinCond , Ref(HistInd,-1), 0 );

// Get array containing MACD-H low bar value at bar where MACD-H
// low occured, all other bars filled with preceding MACD-H
// low value (chandelier)
HistLowSteps = ValueWhen( Ref(HistMinCond,0), Ref(HistInd,-1), 1 );

// Get array containing differences between MACD-H low bar value and the value
// at previous MACD-H zero positive crossing
// HistLowDiffs = HistLowSteps - ValueWhen( HistPosCrossover, HistLowSteps, 1 );
HistLowDiffs = HistLowSteps - Ref(HistLowSteps,-1);

// Get array containing MACD-H min value when MACD-H < 0, all other
// bars filled with 0
BarsSincePrevNegCross = ValueWhen( HistNegCrossover,
Ref(BarsSinceNegCross ,-1), 1 );
BarsSinceWideNegCross = IIf( HistInd < 0 AND
BarsSincePosCross - BarsSinceNegCross <
HistMinWidth,
BarsSincePrevNegCross + BarsSinceNegCross + 1,
BarsSinceNegCross );
HistMinSteps = IIf( !BarsSinceWideNegCross,
HistInd,
LLV( HistInd , BarsSinceWideNegCross + 1) );

// Get array containing differences in MACD-H max bar values
HistMinDiffs = IIf( HistInd < 0,
HistMinSteps - Ref(HistMinSteps,-1),
0);

// Get minumum from previous MACD-H negative wave
// Plot( ValueWhen( HistNegCrossover, Ref(HistMinSteps,-1), 1 ),"PrevHistMinSteps-1", colorGreen );
// Plot( ValueWhen( HistNegCrossover, Ref(HistMinSteps,-1), 2 ),"PrevHistMinSteps-1", colorGreen );
PrevHistMinSteps = IIf( HistInd < 0 AND
BarsSincePosCross - BarsSinceNegCross <
HistMinWidth,
ValueWhen( HistNegCrossover,
Ref(HistMinSteps,-1), 2 ),
ValueWhen( HistNegCrossover,
Ref(HistMinSteps,-1), 1 ) );

// Get array containing price low bar values where lows
// occured, all other bars filled with huge number
PriceHistLowVal = IIf( HistMinCond,
Ref(LLV(L,MACDDivMinWidth),-1),
2000000 );

// Get array containing local price low bar value at bar
// where MACD-H low occured, all other bars filled with preceding
// price low value (chandelier)
PriceHistLowSteps = ValueWhen( Ref(HistMinCond ,0),
LLV(L,MACDDivMinWidth) );

// Get array containing differences in price low bar values
PriceHistLowDiffs = PriceHistLowSteps - Ref(PriceHistLowSteps,-1);

// Get array containing price low minimum value when MACD-H < 0,
// all other bars filled with 0
PriceHistMinSteps = IIf( !BarsSinceNegCross,
L,
LLV( L , BarsSinceNegCross) );

// Get minimum from previous MACD-H negative wave
PrevPriceHistMinSteps = IIf( BarsSincePosCross - BarsSinceNegCross <
HistMinWidth,
ValueWhen( HistNegCrossover,
Ref(PriceHistMinSteps,-1), 2 ),
ValueWhen( HistNegCrossover,
Ref(PriceHistMinSteps,-1), 1 ) );

// Divergence signal
HistPosDivergence = // HistLowDiffs > 0 AND
// AND PriceHistLowDiffs < 0
HistMinSteps > PrevHistMinSteps
AND PriceHistMinSteps < PrevPriceHistMinSteps
AND HistLowVal < 0
AND VolumeMABool
AND C > .10
;


//------------------------------------
// Negative MACD Histogram divergences
//------------------------------------

// Get arrays containing for each element, when the MACD-H highest values
// occur, within the specified number of bars
HistHighBars = HHVBars( HistInd, MACDDivMinWidth );

// Get array defining if the MACD-H previous bar was the maximum,
// AND if that MACD-H value was < 0 OR > 0
HistMaxCond = HistHighBars > 0
AND BarsSincePosCross >= HistHighBars
AND Ref(HistHighBars,-1) == 0
AND Ref(HistInd,-1) > 0
;

// Get array containing MACD-H high bar values where highs
// occured, all other bars filled with 0
HistHighVal = IIf( HistMaxCond, Ref(HistInd,-1), 0);

// Get array containing MACD-H high bar value at bar where MACD-H
// high occured, all other bars filled with preceding MACD-H
// high value (chandelier)
HistHighSteps = ValueWhen( Ref(HistMaxCond,0),
Ref(HistInd,-1), 1 );

// Get array containing differences in MACD-H high bar values
HistHighDiffs = HistHighSteps - Ref(HistHighSteps,-1);

// Get array containing MACD-H max value when MACD-H > 0, all other
// bars filled with 0
BarsSincePrevPosCross = ValueWhen( HistPosCrossover,
Ref(BarsSincePosCross ,-1), 1 );
BarsSincePrevNegCross = ValueWhen( HistNegCrossover,
Ref(BarsSinceNegCross ,-1), 1 );
BarsSinceWidePosCross = IIf( HistInd > 0 AND
BarsSinceNegCross - BarsSincePosCross <
HistMinWidth,
BarsSincePrevPosCross + BarsSincePosCross + 1,
BarsSincePosCross );
HistMaxSteps = IIf( !BarsSinceWidePosCross,
HistInd,
HHV( HistInd , BarsSinceWidePosCross + 1) );

// Get array containing differences in MACD-H max bar values
HistMaxDiffs = IIf( HistInd > 0,
HistMaxSteps - Ref(HistMaxSteps,-1),
0);

// Get high from pevious MACD-H positive wave
PrevHistMaxSteps = IIf( HistInd > 0 AND
BarsSinceNegCross - BarsSincePosCross <
HistMinWidth,
ValueWhen( HistPosCrossover,
Ref(HistMaxSteps,-1), 2 ),
ValueWhen( HistPosCrossover,
Ref(HistMaxSteps,-1), 1 ) );

// Get array containing MACD-H high bar values where highs
// occured, all other bars filled with 0
PriceHistHighVal = IIf( HistMaxCond,
Ref(HHV(H,MACDDivMinWidth),-1),
0);

// Get array containing local price high bar value at bar
// where MACD-H high occured, all other bars filled with preceeding
// price high value (chandelier)
PriceHistHighSteps = ValueWhen( Ref(HistMaxCond,0),
HHV(H,MACDDivMinWidth) );

// Get array containing differences in price high bar values
PriceHistHighDiffs = PriceHistHighSteps - Ref(PriceHistHighSteps,-1);

// Get array containing MACD-H max value when MACD-H > 0, all other
// bars filled with 0
PriceHistMaxSteps = IIf( !BarsSincePosCross,
H,
HHV( H , BarsSincePosCross) );

// Get high from pevious MACD-H positive wave
PrevPriceHistMaxSteps = IIf( BarsSinceNegCross - BarsSincePosCross <
HistMinWidth,
ValueWhen( HistPosCrossover,
Ref(PriceHistMaxSteps,-1), 2 ),
ValueWhen( HistPosCrossover,
Ref(PriceHistMaxSteps,-1), 1 ) );

// Divergence signal
HistNegDivergence = // HistHighDiffs < 0 AND
// AND PriceHistHighDiffs > 0
HistMaxSteps < PrevHistMaxSteps
AND PriceHistMaxSteps > PrevPriceHistMaxSteps
AND HistHighVal > 0
AND VolumeMABool
AND C > .10
;


//-----------------------
// MACD crossover signals
//-----------------------

PosCrossover = Cross( DayHist, 0 )
AND DayBuyBool
AND VolumeMABool
AND C > .10
;
NegCrossover = Cross( 0, DayHist )
AND DaySellBool
AND VolumeMABool
AND C > .10
;


// Plot signals
PlotShapes( IIf( HistPosDivergence , shapeSmallUpTriangle, shapeNone ),
colorBlue, 0, 0 , -12 );
PlotShapes( IIf( HistNegDivergence , shapeSmallDownTriangle, shapeNone ),
colorBlue, 0, 0, -12 );
PlotShapes( IIf( MACDPosDivergence , shapeUpArrow , shapeNone ),
colorBlue, 0, Graph1, -12 );
PlotShapes( IIf( MACDNegDivergence , shapeDownArrow, shapeNone ),
colorBlue, 0, Graph1, -12 );
PlotShapes( IIf( PosCrossover , shapeSmallCircle, shapeNone ),
colorBlue, 0, Graph1 , 0 );
PlotShapes( IIf( NegCrossover , shapeSmallCircle, shapeNone ),
colorBlue, 0, Graph1 , 0 );

Filter = HistPosDivergence
OR HistNegDivergence
OR PosCrossover
OR NegCrossover
OR MACDPosDivergence
OR MACDNegDivergence
;

if( Sector = SectorID( 0 ) >= 0 )
{
Sector = SectorID( 1 );
Industry = IndustryID( 1 );
}
else
{
Sector = "MG";
Industry = "MG";
}


AddColumn( 32, "H-PD", formatChar, colorDefault,
IIf(Filter && HistPosDivergence,colorBrightGreen,colorDefault) );
AddColumn( 32, "M-PD", formatChar, colorDefault,
IIf(Filter && MACDPosDivergence,colorBrightGreen,colorDefault) );
AddColumn( 32, "M-PC", formatChar, colorDefault,
IIf(Filter && PosCrossover,colorBrightGreen,colorDefault) );
AddColumn( 32, "H-ND", formatChar, colorDefault,
IIf(Filter && HistNegDivergence,colorRed,colorDefault) );
AddColumn( 32, "M-ND", formatChar, colorDefault,
IIf(Filter && MACDNegDivergence,colorRed,colorDefault) );
AddColumn( 32, "M-NC", formatChar, colorDefault,
IIf(Filter && NegCrossover,colorRed,colorDefault) );
AddTextColumn( Sector , "Sector" );
AddTextColumn( Industry , "Industry" );

_SECTION_END();