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

TD Pressure Ratio for Amibroker (AFL)

Rating:
4 / 5 (Votes 2)
Tags:
oscillator, amibroker

Numerator is the sum of all the accumulation (days the close was above the open) over a certain number of days,
multiplied by the volume – that is the “Buying Pressure”.
Note: “Selling Pressure” is the sum of all of the distribution over the same number of days, multiplied by the
volume. Denominator is the absolute value of the sum of the Buying Pressure and Selling Pressure.
The ratio gives you a measure of the Buying Pressure as a percentage of the total activity. This ratio
(oscillator) should fluctuate from 0 to 100.

Screenshots

Similar Indicators / Formulas

3 Days Track
Submitted by janet0211 almost 9 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 4 years ago
Ergodic Oscillator
Submitted by dljtrader over 8 years ago
BoH Risk Aversion Indicator
Submitted by genkumag over 7 years ago
Chande Momentum Oscillator
Submitted by klimpek over 8 years ago
%R ++
Submitted by reb almost 9 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("TD Pressure Ratio");
SetChartBkColor(16);
Periods = Param("Periods",13,1,50,1);
function TDPressure (Periods)
{
for( i = 2; i < BarCount; i++ )

{
if((O[i] - C[i-1]) / C[i-1] > 0.15) // gapup
{
BP[i] = (H[i] - C[i-1] + C[i] - L[i]) * V[i];
}
else if((C[i-1]-O[i]) / O[i] > 0.15)// gapdown
{
SP[i] = (C[i-1] - L[i] + H[i] - C[i]) * V[i];
}
else
{
BP[i] = IIf(C[i] > O[i], C[i] - O[i],0) * V[i];
SP[i] = IIf(C[i] < O[i], C[i] - O[i],0) * V[i];
}
}
Result = 100 *Sum(BP,Periods)/ (Sum(BP,Periods) -
Sum(SP,Periods));
Result = IIf(Result < 0,0,Result);
Result = IIf(Result > 100,100,Result);
return Result;
}

TDP = TDPressure(Periods);
Plot(TDP ,"TD Pressure",colorLightBlue,1);
Plot( 25 , "", colorGreen,styleDashed);
Plot( 50 , "", colorLightGrey,styleDashed);
Plot( 75 , "", colorRed,styleDashed);
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back