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Winner for Amibroker (AFL)
gopal
almost 14 years ago
Amibroker (AFL)

Rating:
4 / 5 (Votes 6)
Tags:
oscillator, amibroker

Very good and early indicator for buy/seel for intraday trading based on OB/OS.

Edit the parameters and set m=4 and n=2 for best and fast results.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Winner");


m = Param("Periods", 10, 2, 5, 1 );
n = Param("Average", 5, 2, 5, 1 );

pa = (2*C+H+L)/4;
cost = pa*Volume;

scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;

RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;

pak = WMA(rsv,n);
paD = WMA(paK,n);

UP=pak; 
DOWN=pad; 
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );


_SECTION_END();

6 comments

1. Rakesh Kumar

Nothing is appearing on Screen.

2. JF_Derzi

That is a very good trend indicator!

3. kv_maligi

something wrong, not papering properly on the chart

Plz rectify

4. eurosiva

Can we add a scan to the above indicator when it changes color ?

Thanks in advance.

5. systemtrader

nice indicator, good for intra use…thanks

6. vijay123vijay

NOTHING APPEARS SIR BUT THANKS FOR THE WORK DONE.

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