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

Trend detection bands for Amibroker (AFL)
Dryden
about 12 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker

interesting, just that

disabeld are upper/lower bands. Over are the middle bands, which form a wave, and can be used for
trend direction.

drag over a price-chart

Screenshots

Similar Indicators / Formulas

Kavach Of Karna v2
Submitted by hbkwarez over 9 years ago
Advanced Elliott Waves
Submitted by MarcosEn over 12 years ago
3_6Day GuaiLiLv
Submitted by motorfly over 12 years ago
Williams Alligator System
Submitted by durgesh1712 over 12 years ago
*Level Breakout system*
Submitted by Tinych over 12 years ago
Horizontal Live Priceline Tool
Submitted by northstar over 12 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("_trend detection bands (overlay)");

BDay= Optimize("upper-lines",Param("upper-lines",1,1,28,1),1,21,1);//2
SDay= Optimize("lower-lines",Param("lower-lines",1,1,28,1),1,21,1);//7

Hc=(O+H+L+C)/4;

Ho = AMA( Ref( Hc,  -1 ),  0.5 );
Hh = Max( H,  Max( Hc,  Ho ) );
Hl = Min( L,  Min( Hc,  Ho ) );

HHb = HHV(hH,Bday);
HCb = HHV(hC,Bday);
LLb = LLV(hL,Bday);
LCb = LLV(hC,Bday);

HHs = HHV(hH,Sday);
HCs = HHV(hC,Sday);
LLs = LLV(hL,Sday);
LCs = LLV(hC,Sday);

for( i = 1+Max(Bday,Sday); i < BarCount; i++ )
{
if ((HHb[i-1] - LCb[i-1]) >= (HCb[i-1] - LLb[i-1])) Buyrange[i] = HHb[i-1] - LCb[i-1];
else
Buyrange[i] = HCb[i-1] - LLb[i-1];

if ((HHs[i-1] - LCs[i-1]) >= (HCs[i-1] - LLs[i-1])) Sellrange[i] = HHs[i-1] - LCs[i-1];
else
Sellrange[i] = HCs[i-1] - LLs[i-1];
};


Band_TopSMOOTH=AMA( Ho+Buyrange,  0.5 );
Band_BotSMOOTH=AMA( Ho-Sellrange,  0.5 );
Band_MidSMOOTH=(Band_TopSMOOTH+Band_BotSMOOTH)/2;

Band_Top=Ho+Buyrange;
Band_Bot=Ho-Sellrange;
Band_Mid=(Band_Top+Band_Bot)/2;

BS = ParamToggle("bands smooth","No|Yes",1);
BN = ParamToggle("bands normal","No|Yes",1);
DUL = ParamToggle("upper/lower bands","No|Yes",0); //disable upper/lower bands

if (BS AND DUL) Plot( Band_TopSMOOTH, " Band_TopSMOOTH ", IIf( Band_TopSMOOTH>Ref(Band_TopSMOOTH,-1), colorOrange, colorRed ));
if (BS) Plot( Band_MidSMOOTH, " Band_MidSMOOTH ", IIf( Band_MidSMOOTH>Ref(Band_MidSMOOTH,-1), colorGreen, colorRed ));
if (BS AND DUL) Plot( Band_BotSMOOTH, " Band_BotSMOOTH ", IIf( Band_BotSMOOTH>Ref(Band_BotSMOOTH,-1), colorDarkGreen, colorGreen ));
if (BS) Plot( 1, "ribbon", IIf( Band_MidSMOOTH>Ref(Band_MidSMOOTH,-1), colorGreen, IIf( Band_MidSMOOTH<Ref(Band_MidSMOOTH,-1), colorRed, colorPink )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

if (BN AND DUL)Plot( Band_Top, " Band_Top ", IIf( Band_Top>Ref(Band_Top,-1), colorOrange, colorRed ));
if (BN) Plot( Band_Mid, " Band_Mid ", IIf( Band_Mid>Ref(Band_Mid,-1), colorGreen, colorRed ));
if (BN AND DUL) Plot( Band_Bot, " Band_Bot ", IIf( Band_Bot>Ref(Band_Bot,-1), colorDarkGreen, colorGreen ));
if (BN) Plot( 2, "ribbon", IIf( Band_Mid>Ref(Band_Mid,-1), colorGreen, IIf( Band_Mid<Ref(Band_Mid,-1), colorRed, colorPink )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

_SECTION_END();

2 comments

1. elutrade

this chart is simple alredy some afl avyalable inthis type

2. tuanhoangplus

Thnaks

Leave Comment

Please login here to leave a comment.

Back