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#1 Selling Amibroker Plugin featuring:
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Simple Chaikin Buy Sell for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, trading system, amibroker
Simple Chaikin Buy Sell as introduced in p.422 in “TECHNICAL ANALYSIS THE COMPLETE RESOURCE FOR FINANCIAL MARKET TECHNICIANS”
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Indicator / Formula
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_SECTION_BEGIN("Simple Chaikin Buy Sell");
r1 = Param( "Fast avg", 6, 2, 200, 1 );
r2 = Param( "Slow avg", 20, 2, 200, 1 );
Cha = Chaikin(r1,r2);
topCDev = StDev(Chaikin(r1,r2),r1);
botCDev = -StDev(Chaikin(r1,r2),r1);
Plot( Cha, "Chaikin", ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Plot( topCDev, "topDev", ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Plot( botCDev, "bottomDev", ParamColor( "Color", colorCycle ), ParamStyle("Style") );
Buy=Cross(Cha, botCDev);
Sell=Cross(topCDev, Cha);
Buy = ExRem( Buy, Sell );
Sell = ExRem( Sell, Buy );
shape=Buy*shapeUpArrow + Sell*shapeDownArrow;
PlotShapes(shape,IIf(Buy,colorBlue,colorRed),0,IIf(Buy,Low,High));
Plot( 0, _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();0 comments
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