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Composite Index for Amibroker (AFL)
kaiji
over 13 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker

Composite Index by Constance Brown. Formula can be found in the book origin. Details on use can be found also in “Technical Analysis for the Trading Professional” by Constance Brown.

By David Lee – david.lee.us [at] gmail.com

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Indicator / Formula

Copy & Paste Friendly
/*

Reference to:

BreakThroughs in Technical Analysis
Keller, Bloomberg

Composite Index, Connie Brown

*/

A=RSI() - Ref(RSI(),-9)+ MA(RSI(3),3);
Plot(A,"Composite Index",colorPlum,styleLine);

Plot(MA(A,13),"MA13",colorRed,styleLine);
Plot(MA(A,33),"MA33",colorBlue,styleLine);

//PlotGrid(100, colorWhite);
//PlotGrid(0, colorWhite);

2 comments

1. pras

what is buy and sell rule?

2. niladri

Paper on Composite Index is here: https://aeroinvest.com/COMPOSITE_INDEX.pdf bu Constance Brown himself.

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