Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

market thermometer for Amibroker (AFL)
over 9 years ago
Amibroker (AFL)

2 / 5 (Votes 3)
amibroker, volume

You need to use this indicator below your price graph for good results.


Similar Indicators / Formulas

New V spiker Moded-1.50
Submitted by Kutubi over 8 years ago
Smoothed OBV
Submitted by magic over 9 years ago
Volume Scan report
Submitted by anandnst over 7 years ago
Better Volume Indicator
Submitted by kaiji about 10 years ago
Volume Color with Dynamic Limit
Submitted by kaiji about 10 years ago
Controlling Height of Volume Bars
Submitted by kaiji about 10 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Market Thermometer");

H1 = Ref(H, -1);
L1 = Ref(L, -1);

T = IIf(H<H1 AND L>L1, 0, IIf(H-H1>L1-L, H-H1, L1-L));

Val1 = H-H1;
Val2 = L1-L;
Val = IIf(Val1>Val2, Val1, Val2) ;

Avgval = Median(Val, 22);

color= IIf (Val < Avgval, colorBlue, IIf(Val >= Avgval AND Val < Avgval * 3, colorViolet, IIf(Val > Avgval * 3, colorOrange, colorViolet)));

Plot(T, _DEFAULT_NAME(), color, styleHistogram | styleThick);
P = ParamField("Price field",-1);
Periods = Param("Periods", 22, 2, 200, 1, 10 );

Plot( EMA( P, Periods ), "EMA 22", colorGreen, styleThick); 



1. tigernifty

Hai, Good Color, but how to use ?, each color indicate ?? pls

Leave Comment

Please login here to leave a comment.