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 ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Waves in Price for Amibroker (AFL)
Rating:
4 / 5 (Votes 3)
Tags:
oscillator, amibroker
I thought we’d best name this Indicator in respect to Mr Charles Dow,
who first identified the three trends. Kind regds everyone and good trading.
Screenshots
Similar Indicators / Formulas
Febo RSI ..real indicator
Submitted
by abhinavsingh over 12 years ago
Trading Volume Statistic
Submitted
by tuanstock1 almost 10 years ago
Ergodic Oscillator
Submitted
by dljtrader over 13 years ago
3 Days Track
Submitted
by janet0211 almost 14 years ago
Chande Momentum Oscillator
Submitted
by klimpek over 13 years ago
BoH Risk Aversion Indicator
Submitted
by genkumag over 12 years ago
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN( " WAVES" );
// WAVES
CA = ( CCI( 10 ) + CCI( 12 ) + CCI( 14 ) + CCI( 16 ) + CCI( 18 ) ) / 5;
CB = ( CCI( 25 ) + CCI( 35 ) + CCI( 45 ) + CCI( 55 ) + CCI( 65 ) ) / 5;
CC = CCI( 6 ) ;
CD = CCI( 200 );
Plot( CD, "DOW WAVES Long-Term", 6, 4 ) ;
Plot( CB, " Medium-term", 4 ) ;
Plot( CB, "", 4, 2 + 4096 ) ;
Plot( CA, " Short-term", 1, 4 );
Plot( CC, " Advance Warning", 7 );
// Plot range lines
Plot( 0, "", 4 );
Plot( 100, "", 39, 4096 );
Plot( -100, "", 39, 4096 );
Plot( 200, "", 39, 4096 );
Plot( -200, "", 39, 4096 ) ;
// Plot entry setuparrows
CondA = CB > 0 AND ( CA < 0 OR Ref( CA, -1 ) < 0 ) AND CA > Ref( CA, -1 ) AND Ref( CA, -1 ) < Ref( CA, -2 ) ;
PlotShapes( shapeSmallUpTriangle*CondA
, 27, L, -150 ) ;
CondB = CB < -0 AND ( CA > 0 OR Ref( CA, -1 ) > 0 ) AND CA < Ref( CA, -1 ) AND Ref( CA, -1 ) > Ref( CA, -2 ) ;
PlotShapes( shapeSmallDownTriangle*CondB, 4, H, 150 );
_SECTION_END();2 comments
Leave Comment
Please login here to leave a comment.
Back
hii has!!! very good indicator hats off you crystal clear & also regards “dow” father of modern technical studies.everybody should use this indicator…good keep it up.& continue support us.
mr gaurav918 , please explain this indicator how to use for intradya. i could not unterstand