Skip to main content

StrategyDeltaDivergenceIndicator

StrategyDeltaDivergenceIndicator wraps mzDeltaDivergence for use inside MZpack strategies. It implements IDeltaDivergenceIndicator and inherits all volume/delta properties from IVolumeDeltaIndicator.

Namespace: MZpack.NT8.Algo.Indicators Inheritance: StrategyDeltaDivergenceIndicator : mzDeltaDivergence, IDeltaDivergenceIndicator Conditional: #if !FREE Data level: Level 1 Source: [INSTALL PATH]/API/Indicators/StrategyDeltaDivergenceIndicator.cs

Setup in a Strategy​

public class MyStrategy : MZpackStrategyBase
{
    StrategyDeltaDivergenceIndicator ddIndicator;

    protected override void OnStateChange()
    {
        if (State == State.Configure)
        {
            ddIndicator = new StrategyDeltaDivergenceIndicator(this, "DD");

            // ZigZag settings
            ddIndicator.ZigzagDeviationType = DeviationType.Percentage;
            ddIndicator.ZigzagDeviationThreshold = 0.3;
            ddIndicator.ZigzagUseHighLow = true;

            // Delta deviation filter
            ddIndicator.DeltaDeviationType = DeviationType.Value;
            ddIndicator.DeltaDeviationMin = 500;

            // Display
            ddIndicator.BreakPointShow = true;
            ddIndicator.BuySellAreasShow = true;
        }
    }
}

Accessing Data​

protected override void OnBarUpdate()
{
    if (CurrentBar < 10) return;

    Divergences divergences = ddIndicator.Divergences;
    if (divergences == null || divergences.Count == 0) return;

    // Get the most recent divergence
    IDivergence lastDiv = divergences[divergences.Count - 1];

    if (lastDiv.IsBuy())
    {
        // Bullish divergence detected
        // Price made a lower low while delta made a higher low
        double deltaChange = lastDiv.GetDeltaChange(DeviationType.Value);
        double priceChange = lastDiv.GetPriceChange(DeviationType.Value);
    }
    else if (lastDiv.IsSell())
    {
        // Bearish divergence detected
        // Price made a higher high while delta made a lower high
    }
}

See Also​