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TREND DETECTOR WITH VARIABLE PERIOD for Amibroker (AFL)
walid
over 13 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
amibroker

TREND DETECTOR by using DEMA – Double Exponential Moving Average of the Stochastic by D. Tsokakis, Apr2003

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Unnamed 32");
/*TREND DETECTOR WITH VARIABLE PERIOD, by D. Tsokakis, Apr2003*/
t=Param("f",20,1,60,1);
// fast period
x=DEMA(StochD(40),t);
Plot(x,"",1,8);// fast trend detector
tA=Param("movcc",50,1,60,1);
// slow period
xA=DEMA(StochD(40),tA);
Plot(xA,"",7,8);// slow trend detector
Cond1=Ref(x,-1)==LLV(x,3);
Plot(50*Cond1,"",5,2);// the start of the fast uptrend
Cond2=Ref(x,-1)==HHV(x,3);
Plot(50*Cond2,"",4,2);// the end of the fast uptrend
k1=BarsSince(Cond1);// uptrend bar counter
k2=BarsSince(Cond2);// downtrend bar counter
Plot((k2>k1)*10,"",5,2);
Plot((k2<k1)*10,"",4,2);
t1=IIf(k2>k1,t+k1,t+k2);// the variable period
x1=DEMA(StochD(40),t1);// the variable trend detector
Plot(x1,"",(x1>Ref(x1,-1))*5+(x1<Ref(x1,-1))*4,8);
GraphXSpace=1; 
_SECTION_END();

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