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ndroc for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
trading system, amibroker
this is roc but with buy sell signal .even red and geen lines can be used to buy and sell or as a support and resistence crossing 0 line in upward move execute buy and vice versa. pls. give u r suggetions to improve it.
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN(" ndROC");
a = ROC (C, 50);
b = ROC (C, 100);
C= ROC (C, 200);
A = a+ b + C;
Plot (A, " ndROC", colorBlack);
Plot (2.5, "", colorRed, styleLine, styleDashed);
Plot (2, "", colorRed, styleLine, styleDashed);
Plot (.78, "", colorGreen, styleDashed, styleDashed);
Plot (1, "", colorRed, styleNoLabel, styleDashed);
Plot (1.5, "", colorRed, styleNoLabel, styleDashed);
Plot (.618, "", colorGreen, styleDashed, styleDashed);
Plot (.38, "", colorGreen, styleDashed, styleDashed);
Plot (.23, "", colorGreen, styleDashed, styleDashed);
Plot (0, "", colorBlue, styleNoLabel, styleDashed);
Plot (-2.5, "", colorGreen, styleNoLabel, styleDashed);
Plot (-2, "", colorGreen, styleNoLabel, styleDashed);
Plot (-1.5, "", colorGreen, styleNoLabel, styleDashed);
Plot (-1, "", colorGreen, styleNoLabel, styleDashed);
Plot (-.23, "", colorRed, styleDashed, styleDashed);
Plot (-.38, "", colorRed, styleDashed, styleDashed);
Plot (-.618, "", colorRed, styleDashed, styleDashed);
Plot (-.78, "", colorRed, styleDashed, styleDashed);
Buy = A <-2.5 AND A<-1.5; Sell = A >1.5 AND A>2.5;
buyshape = Buy * shapeUpArrow; SellShape = Sell * shapeDownArrow;
PlotShapes(BuyShape, colorGreen, 0); PlotShapes(SellShape, colorRed, 0);
_SECTION_END();0 comments
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