Sum of Risks for Amibroker (AFL)

brevco

about 14 years ago

Amibroker (AFL)

I cannot take credit for this indicator, and I can no longer find the name of the creator.

This indicator is based on multiple indicators. It creates a ribbon at the bottom of the chart below the histogram bars.

Towards the end of the code, the line, "Plot(K, “ribbon”, Color, styleOwnScale|styleArea|styleNoLabel, -1,15);" can be blanked out using “//” at the beginning of that line to hide the histogram bars. This will leave only the ribbon which can be plotted on a price chart or in any other indicator pane.

The very last line of code can be changed as follows:
Plot(1, “ribbon2”, Color2, styleOwnScale|styleArea|styleNoLabel, -.15, 1);

By doing this, it creates a ribbon that will fill the entire pane. You can then plot any indicator on top of it.

Screenshots

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