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

Bollinger-Rsi Trending wave for Amibroker (AFL)

Rating:
3 / 5 (Votes 9)
Tags:
oscillator, amibroker

This is mixture of Bollinger – Rsi trending wave.

How to trade ::-

Buy when it gives Green Cross over at bottom – GO LONG

Sell when it gives Red Cross over at top – Go Short

Very simple !

Screenshots

Similar Indicators / Formulas

Febo RSI ..real indicator
Submitted by abhinavsingh almost 8 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 5 years ago
Ergodic Oscillator
Submitted by dljtrader almost 9 years ago
3 Days Track
Submitted by janet0211 over 9 years ago
Chande Momentum Oscillator
Submitted by klimpek almost 9 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("_trending wave");
SetChartOptions(0, chartShowArrows|chartShowDates, chartGrid20 |chartGrid50 |chartGrid80);
_N(Title =EncodeColor(colorGreen)+ StrFormat("{{NAME}} {{DATE}} " + EncodeColor(colorBlack)+" < Open %g > "+ EncodeColor(colorBlue)+ " < High %g > "+ EncodeColor(colorRed)+" < Low %g > "+ EncodeColor(colorBlack) + " < Close %g > " + EncodeColor(colorBrown ) + "< Change" +" %.2f%% > " + "< Range " +(H-L) +" >" +" < Volume " +WriteVal( V, 1.0 ) +" >"+" {{VALUES}} ", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
SetChartBkColor(ParamColor("Outer Panel Color ",colorWhite)); // color of outer border 
SetChartBkGradientFill( ParamColor("Inner Panel Color Upper Half",colorWhite),
ParamColor("Inner Panel Color Lower Half",colorWhite)//color of inner panel
,ParamColor("Behind Text Color", colorLavender));
GraphXSpace=7;

Hc=(O+H+L+C)/4;

Ho = AMA( Ref( Hc, -1 ), 0.5 );

pds = Optimize("pds ",Param("pds ",4,1,25,1),1,25,1);
myArray = (RSIa((HC), pds )+ RSIa( Ho,pds ) + Ref(RSIa(Ho,pds),-1) + Ref(RSIa(Ho,pds),-2) + Ref(RSIa(Ho,pds),-3))/5 ; 

myArrayS = (AMA( myArray , 0.5 )); //smooth

BS = ParamToggle("smooth","No|Yes",1);
BN = ParamToggle("normal","No|Yes",1);

if (BS) Plot( myArrayS , " smooth ", IIf( myArrayS >=Ref(myArrayS ,-1), colorGreen, colorRed ));
if (BS) Plot ( 1, "", IIf( myArrayS >=Ref(myArrayS ,-1), colorGreen, IIf( myArrayS < Ref(myArrayS ,-1), colorRed, colorLavender )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

if (BN) Plot( myArray , " RSI ", IIf( myArray >=Ref(myArray ,-1), colorGreen, colorRed ));
if (BN) Plot ( 2, "", IIf( myArray >=Ref(myArray ,-1), colorGreen, IIf( myArray < Ref(myArray ,-1), colorRed, colorLavender )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

HistInd=myArray - myArrayS ;

if (BS AND BN) Plot(HistInd, _DEFAULT_NAME(),
IIf(HistInd>=0, ParamColor("Up Color", colorDarkGreen), ParamColor("Down Color", colorRed)),
ParamStyle( "Style", styleHistogram | styleThick, maskHistogram ));
if (BS AND BN) Plot(0,"",colorBlack, styleLine|styleDashed | styleThick);

Plot(80,"RESISTENCE",colorRed, styleLine|styleDashed | styleThick);
Plot(50,"",colorBlack, styleLine|styleDashed | styleThick);
Plot(20,"SUPPORT",colorBlue, styleLine|styleDashed | styleThick); 
_SECTION_END();

_SECTION_BEGIN("Bollinger Bands");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 100, 1 );
Width = Param("Width", 2, 0, 10, 0.05 );
Color = ParamColor("Color", colorLightGrey );
Style = ParamStyle("Style", styleLine | styleNoLabel ) | styleNoLabel;
Plot( bbt = BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); 
Plot( bbb = BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); 
PlotOHLC( bbt, bbt, bbb, bbb, "", ColorBlend( Color, colorWhite, 0.9 ), styleNoLabel | styleCloud | styleNoRescale, Null, Null, Null, -1 );
_SECTION_END();

12 comments

1. nishantndk

Only bottom indicator is posted here. Do you have top window formula?

2. anandnst

Gr8 System in this website – — BOLLINGER TRADING SYSTEM (MUST WATCH)

One more good trading system for Stoploss – SUPER TREND INDICATOR (MUST WATCH).

3. rajaswamy

good

4. dineshpal

This is really good.

5. NEERAJ14

Unable to run the AFL

Error#1
PlotOHLC( bbt, bbt, bbb, bbb, "",ColorBlend(

Error31,
Syntax error, expecting ‘)’ or ‘,’

6. bravotango

Neeraj, it works for me.

Anandnst, thanks for this. As mentioned, only bottom indicator here, d you have the top pane code?

7. anandnst

MR. NEERAJ , CHECK UR AMIBROKER VERSION. AFL WORKING FINE IN VERSION 5.50

8. shariful

great AFL I like this

9. Ravi

Lovely AFL.
May I, request you to add Buy and Sell Arrows, so that we can scan all the stock for possible trade action to be taken.
Once again thx for this wonderful AFL
Brgds
Ravi

10. anandnst

You are welcome.. Shariful and Ravi.

Thanx you

11. prasadbrao

Excellent afl.. Thanks anand

Regards,

Prasad Rao

12. marcheur

Thanks a lot.

Leave Comment

Please login here to leave a comment.

Back