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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Ribbon Trigger for Amibroker (AFL)
Nice oscillator. Trade it like any other O/B and O/S oscillator.
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Similar Indicators / Formulas
Indicator / Formula
_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);
}
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when i use it not shown any thing. rectify it
It works for me.
its not working to me also