Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Price Oscillator for Amibroker (AFL)

Rating:
3 / 5 (Votes 4)
Tags:
oscillator, trading system, amibroker

I used this in the DSE market which gave me good buy sell signals. I’ve collected it from one of my seniors and haven’t modified it. I’m sorry i don’t know the author to whom the thanks should go. Just wanted to share with others….

Screenshots

Similar Indicators / Formulas

Rahul Mohindar Oscillator (RMO)
Submitted by kaiji over 14 years ago
Heikin-Ashi Candles Oscillator for Long term
Submitted by NTA over 11 years ago
1 hour stoch
Submitted by siddhisagar over 13 years ago
TSI V.2
Submitted by Anonymous over 11 years ago
Stochastic
Submitted by expert over 13 years ago
ZeroLag RSI with Buy/Sell
Submitted by erecruiters over 12 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Price Oscillator");

m = Param("Periods", 10, 5, 20, 1 );
n = Param("Average", 4, 3, 10, 1 );

Var2=(High+Low+Close*2)/4;
Var3=EMA(Var2,m);
Var4=StDev(Var2,m);
Var5=(Var2-Var3)*100/IIf(Var4==0,1,Var4);
Var6=EMA(Var5,n);
Var7=EMA(Var6,n);
WW=(EMA(Var7,m)+100)/2-4;
MM=HHV(WW,n);

Plot(ww, "WW", colorBlue, 1);
Plot(mm, "MM", colorRed, styleThick, 1);
A=WW;
B=MM;
Hi = IIf(A > B, A, B);
Lo = IIf(A < B, A, B);
Color = IIf(A > B, colorBlue,colorRed);
PlotOHLC(Lo,Hi,Lo,Hi,"",COLOR, styleNoLabel | styleCloud);
Buy=IIf(ww>Ref(ww,-1) AND Ref(ww,-1)<Ref(ww,-2) AND ww<50,20,0);
Sell=IIf(ww<Ref(ww,-1) AND Ref(ww,-1)>Ref(ww,-2) AND ww>50,20,0);
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
PlotShapes(IIf(Buy,shapeUpTriangle,shapeNone) ,colorBrightGreen);
PlotShapes(IIf(Sell,shapeDownTriangle,shapeNone),colorRed);
_SECTION_END();

4 comments

1. bhartiprinters

FOR INTRADAY PREFER 30 MIN AS OPTION SUGGESTION FOR INITIAL BETTER RESULTS DURING INTRADAY

2. siivaramm

sir its one of the good indicator for intraday. can any one plz give this for metastock

3. ishfakalam

not so good..

4. Rakesh Kumar

This is one of the best indicator for Intraday as well as delivery based trading. Works better in trending market, than side way .

Leave Comment

Please login here to leave a comment.

Back