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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Smart Money Scanner for Amibroker (AFL)
Rating:
2 / 5 (Votes 3)
Tags:
amibroker
Here is a very simple smart money scanner.
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Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 | //****************************** _SECTION_BEGIN ( "EMA" ); P = Volume ; Periods = Param ( "PeriodsEMA" , 9, 2, 300, 1, 10 ); Plot ( EMA ( P, Periods ), _DEFAULT_NAME (), colorRed , styleLine , styleThick ); _SECTION_END (); Period = Param ( "Period" , 10, 2, 300, 1, 10 );; LowColor = colorYellow ; ClimaxColor = colorRed ; ChurnColor = colorGreen ; ClimaxChurnColor= colorBlue ; LowChurnColor= colorLime ; Value1 = V ; Value2 = V *( H - L ); Value3 = V /( H - L ); BarColor = IIf ( (Value1 == LLV (Value1,Period)), LowColor, IIf ( (Value2 == HHV (Value2,Period)), ClimaxColor, IIf ( (Value3 == HHV (Value3,Period)), ChurnColor, IIf ( ((Value2 == HHV (Value2,Period) AND (Value3 == HHV (Value3,Period)))), ClimaxChurnColor, IIf ( (Value3 == LLV (Value3,Period)), LowChurnColor, colorBlueGrey ))))); _SECTION_BEGIN ( "Volume" ); Plot ( Volume , _DEFAULT_NAME (), BarColor, ParamStyle ( "Style" , styleHistogram + styleThick , maskHistogram ), 2 ); _SECTION_END (); //****************************** |
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Hi,
How to use this indicator?
Anil
it’s VSA (Volume Spread Analysis).
An old indicator taken from classy at http://dhaka-classy.blogspot.com/2010/11/better-volume-amibroker-formula.html
An old indicator taken from classy at http://dhaka-classy.blogspot.com/2010/11/better-volume-amibroker-formula.html//
hmm you are correct bro.may be i found it form net..forum/blog/..i cant recall..so all credit goes to original creator/coder..i respect all coder ..they spent hell lot of time n their effort is awesome…salute them