Metastock Expert for RSI(14) Divergences

I tried to costruct one Expert to detect RSI(14) divergences ocurred during the last 30 days, but something is wrong with my formules:

Name: RSI(14) DIVERGENCE BUY

Condiction: (RSI(14) > LLV(RSI(14),30)) AND (LOW <LLV(L,30))

Graphic: Buy arrow, Color green, Symbol position-below price plot, Label position-Below symbol

Name: RSI(14) DIVERGENCE SELL

Condiction: (RSI(14) < HHV(RSI(14),30) AND LOW > LLV(L,30))

Graphic: Sell arrow, Color red, Symbol position-above price plot, Label position-above symbol

Could you help me resolving this ?
Thanks in advance
Go in

not something but manythings r wrong in this formula ,..

I got only selling arrows ,.. LOL n that too every second day almost ,.. LOL

Anyways, Currently my mind is not working. coz of its 12 almost. I will check it next time ... May be i could find out the logic ,.. LOL

Good attempt then too ,..

Regards,..
Darsh

Can ayone help? I am interest in this expert too.

I think the code is already there in the first thread, please repost your requirement.

It seems that the code is not ready to use.

Hello, Heard a lot about you from Umesh Mandal. Also read your emails to him. I stumbled upon this post of yours and took the opportunity to appreciate your inclination to help others "selflessly". Maybe I will request help too!!!

Ramesh are you sure that the Code posted in first thread is a workable code? It seems some error is there. Will post again after rechecking.

Thanks

Copied from the Net :

RSI Divergence

{RSI(9) DIVERGENCE BUY:}
If(RSI(9) >= HHV(RSI(9),19) AND CLOSE <HHV(CLOSE,19), 1,0) OR
If(CLOSE <= LLV(CLOSE,19) AND RSI(9) > LLV(RSI(9),19), 1,0)

{RSI(9) DIVERGENCE SELL:}
If(CLOSE >= HHV(CLOSE,19) AND RSI(9)<HHV(RSI(9),19),1,0) OR
If(RSI(9) <= LLV(RSI(9),19) AND CLOSE > LLV(CLOSE,19),1,0)

{You can substitute any formula for the "RSI(9)"}

Thank you, rkkarnani, I had overlooked the formula earlier. The last post you had given is correct. But, my experience with identifying divergence when I worked intensely with macd divergence, I found that many a times the divergences do not get marked correctly.

Of course we can use the formula to run a scan, but after that it is good to check them physically. Particularly in divergences eye contact proves better than computer filters, this is my personal experience.

Hi Ramesh, Agree totally. Though I am not an Expert and still learning and look forward to learn more from you. I us metastock to whatever my capability and wish to increase the same.

Even I am not an expert with any software or systems. Though I have learnt to write codes and program trading systms. My domain of activity is closely restricted to the system I have developed and follow at present. I have a wide knowledge of how things are done. But, I put all my time and resources only on the system I follow.

I used to tweak aroound with all the indicators earlier, but that was counter productive, jumping between systems. It only generated loses. Once a system is designed and tested, if you are not following it, it is like mistrusting your own self. This, my guru said to me, once when I had huge loses.

It was nerve breaking to hear such a comment. Then I realized, either be a master of one system or just quit trading. After that, my concentration is single minded to my system. I have worked with MACD divergence as I had told you. So, the formula will be similar for any divergence, I overlooked one part of the code. Here I would like to point out, that very soon after I posted about this code here, I got a reply from a member. I checked and found the mistake. But, it as my mistake to not have updated it here.

I realize that simultaneous working on many things at a time made me falter here. I apologise sirs, for my mistake of not correcting even after knowing it.