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AO Indicator by Bill William for Amibroker (AFL)
apollo12
about 14 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 10)
Tags:

This is the AO oscillator used in the Alligator trading system.

Screenshots

Indicator / Formula

Copy & Paste Friendly
/* Exploration, System and Indicator 
/Z*Author: Steve Wiser
Email address: slwiserr@erols.com
May 5, 2001 */ 
outsidebar = Outside();
insidebar = H <= Ref(H,-1) AND L >= Ref(L,-1);
upbar = H > Ref(H,-1) AND L >= Ref(L, -1);
downbar = L < Ref(L,-1) AND H <= Ref(H,-1);
barcolor=IIf(outsidebar, 1, 
IIf(downbar, 4, 
IIf(upbar, 5, 
IIf(insidebar,6, 0 ) ) ) );

/*barcolor=
iif(outsidebar, 1, iif(downbar, 4, iif(upbar,5, 0) ) );*/


var1=MA( Avg, 34);
var2=MA( Avg,5);
Graph0=var2-var1;
Graph0Style=2+4;
Graph1=Wilders(var2-var1,5);
Graph1Style=4+1;
Graph0BarColor=Barcolor;

9 comments

1. rock4mayo

Simple…..thanks

2. najem14

Thank you for sharing

3. lean

Thank you for sharing

4. moe2014

Thanks

5. bsedoha

Thankss

6. Gps62

thank

7. DEEPAK RATNANI

Thanks for Sharing…

8. successtrader

thanks for share

9. halo23

thanks for sharing

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