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Ribbon Trigger for Amibroker (AFL)
tm832
over 13 years ago
Amibroker (AFL)

Rating:
2 / 5 (Votes 3)
Tags:
oscillator, amibroker

Nice oscillator. Trade it like any other O/B and O/S oscillator.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Band Color");
Smoother = Param("OscColorSmooth", 7, 2, 20);

OscLookback = 8; //5 is good


n=Smoother;
ys1=(High+Low+Close*2)/4;
rk3=EMA(ys1,n);
rk4=StDev(ys1,n);
rk5=(ys1-rk3)*100/rk4;
rk6=EMA(rk5,n);
UP=EMA(rk6,n);
DOWN=EMA(up,n);
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor3=IIf(Ref(oo,-1)<Oo AND Cc<Ref(Cc,-1),colorBlue,IIf(up>down,colorWhite,colorOrange));
flowerClose = EMA((Open+High+Low+Close)/4,3) ;

ChgPrice1 = ROC( flowerClose, OscLookback );
//ChgVolume = ROC( V, Lookback );


PriceUp1 = IIf( ChgPrice1 > 0, 18, -18 );
Period1 = 6; //6 is good 

_SECTION_END();

_SECTION_BEGIN("XmAn");


m = Param("Periods", 9, 5, 20, 1 );
n = Param("Average", 6, 3, 10, 1 );

pa =EMA((Open+High+Low+Close)/4,3) ;//(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);

Plot(Oo,"",barcolor3,styleLine|styleThick);
Plot(Ll,"",barcolor3,styleLine|styleThick);
PlotOHLC( Oo,hh,ll,Cc, "nfzrmn", barcolor3, styleCloud );

PlotOHLC( UP,UP,50,UP, "", IIf( UP > 50, colorRed, colorBlue ), styleCloud | styleClipMinMax, 10, 92.5 ); 

_SECTION_END();


_SECTION_BEGIN("FastOBOS");

Ovos = ParamToggle("Display_OBOS", "No|Yes", 1);
OBSetting=Param("Levels",15,1,500,1);
Bline = StochD(OBSetting);
Oversold=Bline<=30;
Overbought=Bline>=85;

if(Ovos)
{
PlotShapes (IIf(Oversold, shapeSmallCircle, shapeNone) ,colorWhite, layer = 0, yposition = Oo, offset = -4 );
PlotShapes (IIf(Overbought, shapeSmallCircle, shapeNone) ,colorRed, layer = 0, yposition = Ll, offset = 4);
}

3 comments

1. vaenu999

when i use it not shown any thing. rectify it

2. kaiji

It works for me.

3. rajaswamy

its not working to me also

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