// Downloaded From https://www.WiseStockTrader.com
//Volume Price Analysis - Effort Verus Result Index Afl  - Version 1.0
// Afl by Karthikmarar
// www.karthikmarar.blogspot.com
//============================================================
_SECTION_BEGIN("Effort versus Result - V.1.0");
//SetChartBkColor(colorWhite); 
SetChartOptions(0,chartShowArrows|chartShowDates);
Vlp  = Param("Volume lookback period",40,20,200,10);
Vrg  = MA(V,Vlp);// average volume
rg   = (H-L); //Spread
arg  = Wilders(rg,Vlp);//Average Spread
rs   = abs(C-Ref(C,-1));//Result
rsg  = Wilders(rs,Vlp);//Average Result
sro  = rg/arg;//ratio of spread to average
Vro  = V/Vrg;//ratio of volume to average
rso  = rs/rsg; //ratio of result to average
smax = HHV(sro,Vlp);
smin = LLV(sro,Vlp);
Vmax = HHV(Vro,Vlp);
Vmin = LLV(Vro,Vlp);
rmax = HHV(rso,Vlp);
RMIn = LLV(rso,Vlp);
snor = (sro - smin)*100/(smax-Smin);
Vnor = (Vro - Vmin)*100/(Vmax-Vmin);
rnor = (rso - RMIn)*100/(rmax-RMIn);
EI   = rnor/Vnor;

SelectedIndicator = ParamList( "Show", "Raw Effort-Result,Effort Index", 1 );
SelectedResult = ParamList( "Select", "Spread,Bar to Bar", 1 );
switch ( SelectedIndicator )
{ 
case "Raw Effort-Result":
switch ( SelectedResult )
{

case "Spread":
SetBarFillColor( colorOrange ); 
PlotOHLC(0,snor,0,snor,"Result",IIf(C>Ref(C,-1),colorLime,colorRed), styleCandle |styleThick) ;
Plot(MA(snor,Vlp),"Avg Result",colorYellow,1|styleDashed|styleThick);
SetBarFillColor( colorGreen ); 
PlotOHLC(0,-Vnor,0,-Vnor,"Effort",IIf(C>Ref(C,-1),colorLime,colorRed), styleCandle|styleThick ) ;
Plot(MA(-Vnor,Vlp),"Avg Effort",colorTurquoise,1|styleDashed|styleThick);
break;
case "Bar to Bar":
SetBarFillColor( colorOrange ); 
PlotOHLC(0,rnor,0,rnor,"Result",IIf(C>Ref(C,-1),colorLime,colorRed), styleCandle |styleThick) ;
Plot(MA(rnor,Vlp),"Avg Result",colorYellow,1|styleDashed|styleThick);
SetBarFillColor( colorGreen ); 
PlotOHLC(0,-Vnor,0,-Vnor,"Effort",IIf(C>Ref(C,-1),colorLime,colorRed), styleCandle|styleThick ) ;
Plot(MA(-Vnor,Vlp),"Avg Effort",colorTurquoise,1|styleDashed|styleThick);

break;
}
break;
case "Effort Index":
SetBarFillColor( colorGreen ); 
PlotOHLC(0,EI,0,EI,"Effort Index",colorTurquoise, styleCandle|styleThick ) ;
break;
}
_SECTION_END();