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 ....
Find Out More Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

BASP-Smoothed-with-Histogram for Amibroker (AFL)

Rating:
2 / 5 (Votes 4)
Tags:
oscillator, amibroker

BASP-Smoothed-with-Histogram (Very Good)

Source: www.karthikmarar.blogspot.com

Screenshots

Similar Indicators / Formulas

Febo RSI ..real indicator
Submitted by abhinavsingh about 6 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 3 years ago
Ergodic Oscillator
Submitted by dljtrader about 7 years ago
3 Days Track
Submitted by janet0211 over 7 years ago
Chande Momentum Oscillator
Submitted by klimpek about 7 years ago

Indicator / Formula

Copy & Paste Friendly
//Indicator Buy and sell pressure - Smoothed with Histoggram
// By Karthik Marar - www.karthikmarar.blogspot.com
// Public release for personal use only.
//Please do not commercialize this indicator in its original or modified form
_SECTION_BEGIN("Buy & Sell Pressure - Smoothed with Histogram - V.1.0");
SetChartOptions(0,chartShowArrows|chartShowDates);
sp = H-C;
bp = C-L;
bpavg = EMA(bp,80);
spavg = EMA(sp,80);
nbp = bp/bpavg;
nsp = sp/spavg;
diff = nbp-nsp;
diffcolor = IIf(diff>0,colorGreen,colorOrange);
Varg = EMA(V,80);
nv = V/Varg;
nbfraw = nbp * nv;
nsfraw = nsp * nv;
nbf = EMA(nbp * nv,20);
nsf = EMA(nsp * nv,20);
Plot(nbf,"Buying Pressure",colorTurquoise,1|styleThick);
Plot(nsf,"selling Pressure",colorYellow,1|styleThick);
diff = nbf-nsf;
diffcolor = IIf(diff>0,colorGreen,colorRed);
SetBarFillColor( diffcolor ); 
PlotOHLC(0,diff,0,diff,"Force",IIf(diff>0,colorLime,colorOrange), styleCandle | styleOwnScale ) ;
_SECTION_END();
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator ) 
(
Title = EncodeColor(colorWhite)+ "Buy & Selll Pressure - Smoothed with Histogram V.1.0 " + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "+"\n" + EncodeColor(colorYellow) + "Raw Buying pressure = "+ EncodeColor(colorLime) + WriteVal(nbf)+
"\n"+ EncodeColor(colorYellow) + "Raw Selling pressure = "+ EncodeColor(colorRed) +  WriteVal(nsf)+
"\n"+ EncodeColor(colorYellow) + "Force = "+ WriteVal(diff));
_SECTION_END(); 

2 comments

1. Divyesh

nice modification…………!
anyone can add this in any afl with below given changes….

PlotOHLC(0,diff,0,diff,"Force",IIf(diff>0,colorLime,colorOrange), styleCandle | styleOwnScale,-1.5,10 ) ;
2. akerstkh

Pretty Cool Indicator!

Leave Comment

Please login here to leave a comment.

Back