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PPO For KAMAS Sysem, 15 mts TimeFrame for Amibroker (AFL)

Rating:
4 / 5 (Votes 3)
Tags:
trading system, amibroker

this is modified slightly to work in 5 mt chart with 15 mt time frame.

Time frame can be changed in the first line.

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("PPO");
//Further understanding of PPO indicator visit www.Stockchart.com

tf = in15Minute;


TimeFrameSet(tf );
periods = Param( "Periods", 8, 1, 200, 1 );

PPOShort = Param("PPO Short Period", 8, 1, 150, 1);
PPOLong = Param("PPO Long Period", 17, 1, 150, 1);
PPOsignal = Param("PPOsignal", 9, 1, 150, 1);


PPO = (EMA(C, PPOShort ) - EMA(C, PPOLong ))/ EMA(C, PPOLong );
PPOS = (EMA(ppo, PPOsignal  ));

PPOShort = TimeFrameExpand(PPO, tf);

PPOLong =TimeFrameExpand(PPO, tf );

Val=ppo-PPOS ;
Plot(  TimeFrameExpand(PPO, tf ) , "ppo", colorGreen, styleLine| styleThick  ); 
Plot (  TimeFrameExpand(PPOS, tf ) ,"PPO Signal",  colorOrange, styleLine| styleThick   ); 
dynamic_color = IIf( Val> 0, colorGreen, colorRed ); 
Plot( TimeFrameExpand( Val,tf), "PPO Histogram", dynamic_color, styleHistogram | styleThick  );

Buy=Cross(PPO,PPOS);
Sell=Cross(PPOS,PPO);


shape = Buy * shapeHollowUpArrow + Sell * shapeHollowDownArrow;


PlotShapes( shape, IIf( Buy, colorLime, colorRed ), 0,IIf( Buy, Ref(PPO,-1)*0.9, Ref(PPO,-1)*1.05)  );
_SECTION_END();

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