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

JK Base Line for Amibroker (AFL)
Chris
over 12 years ago
Amibroker (AFL)

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

The second in a set of three indicators; JK Fast, JK Base Line and JK Slow. Developed by Jeffrey Kennedy to help identify the waves in an Elliott Wave count they prove an excellent tool in depicting the direction and strength of a trend, is it impulsive or corrective. They prove useful on monthly, weekly and daily charts. All three indicators being displayed for each time frame separately. Reference to this indicator can be found at http://www.elliottwave.com/freeupdates/archives/2009/12/22/A-Trend-Analyzing-Tool-Reveals-If-Commodity-Strength-Will-Continue.aspx

Screenshots

Similar Indicators / Formulas

Febo RSI ..real indicator
Submitted by abhinavsingh over 12 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 9 years ago
Ergodic Oscillator
Submitted by dljtrader over 13 years ago
3 Days Track
Submitted by janet0211 almost 14 years ago
Chande Momentum Oscillator
Submitted by klimpek over 13 years ago
BoH Risk Aversion Indicator
Submitted by genkumag over 12 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN(" JFK Base Line");


EH= EMA(H,5);
EC= EMA(C,5);
EL= EMA(L,5);

R = ((HHV(EMA(C,5),5) - EMA(C,5)) /(HHV (EMA(C,5),5) -LLV (EMA(C,5),5))) *-100;
R1 = ((HHV(EMA(C,5),10) - EMA(C,5)) /(HHV (EMA(C,5),10) -LLV (EMA(C,5),10))) *-100;
R2 = ((HHV(EMA(C,5),15) - EMA(C,5)) /(HHV (EMA(C,5),15) -LLV (EMA(C,5),15))) *-100;

Plot(R, "Williams %R", colorPaleBlue, styleThick);
Plot(R1, "Williams %R", colorBlue, styleThick);
Plot(R2, "Williams %R", colorDarkBlue, styleThick);

_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back