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Didi Index with Ribbon for Amibroker (AFL)

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

The following is a “ribbon” that the formula is based on the Didi Index Indicator

http://wisestocktrader.com/indicators/2588-didi-index

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Indicator / Formula

Copy & Paste Friendly
//=== Didi Index ===

_SECTION_BEGIN("Background");
//SetChartBkGradientFill(ParamColor("Top", colorTeal), ParamColor("Bottom", colorLightGrey), ParamColor("Title", colorTeal));
//SetChartBkColor(ParamColor("Chart Background", colorWhite));
_SECTION_END();

_SECTION_BEGIN("Didi Index Indicator");
function DidiIndex( Curta, Media, Longa )
{
 global DidiLonga, DidiCurta;
 DidiLonga = MA( Close, Longa ) - MA( Close, Media );
 DidiCurta = MA( Close, Curta ) - MA( Close, Media );
 
 return IIf(DidiCurta > 0 AND DidiLonga < 0, 1,IIf(DidiCurta<0 AND DidiLonga>0, -1,0));
}

MAFast = Optimize("Curta",Param("MA Curta",3,1,5 ),1,5,1);
MAMid  = Optimize("Media",Param("MA M├ędia",8,6,12),6,12,1);
MASlow = Optimize("Longa",Param("MA Longa",20,15,34),15,34,1);

Trend = DidiIndex(MAFast, MAMid, MASlow);
//Buy = Cross(Trend,0) AND ADX()>MDI();
//Sell = Cross(0,Trend);
//Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy);

//TrendColor = IIf(DidiCurta>0,colorBrightGreen,colorRed);

//Plot( DidiCurta, _DEFAULT_NAME(), TrendColor, ParamStyle("Histogram style", styleThick | styleHistogram | styleNoLabel, maskHistogram ));
//Plot(0,"", colorBrown ,styleLine);

//Plot(DidiLonga,"",IIf(DidiLonga<0,colorGreen,colorRed),styleLine | styleThick);

//Plot(DidiCurta,"",IIf(DidiCurta>0,colorBrightGreen,colorRed),styleLine | styleThick);

//Normal Buy and Sell Signal
//PlotShapes(Buy*shapeSmallUpTriangle,colorBlue,0,-0.5);
//PlotShapes(Sell*shapeSmallDownTriangle,colorPink,0,0.5);

// The Best Signal: Didi Needleful
//PlotShapes((Cross(DidiCurta,0) AND Cross(0,DidiLonga)) * shapeHollowCircle, colorYellow,0,0.25);
_SECTION_END();



//===== Didi Ribbon ======

Uptrend= didicurta>0;
downtrend= didicurta<0;
 
Plot( 2.5, /* defines the height of the ribbon in percent of pane width */"ribbon",
IIf( uptrend, colorBrightGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

//========================



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