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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Advanced Pattern Exploration
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Volatility Ladder for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
oscillator, amibroker
Dear Friends,
This afl i have received from an acquaintance.
It is pretty helpful to me.
Hope it helps you too.
Happy trading !!
Screenshots
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Indicator / Formula
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_SECTION_BEGIN("volatility ladders ");
m = Param("Periods", 10, 5, 20, 1 );
n = Param("Average", 5, 3, 10, 1 );
pa = (2*C+H+L)/4;
cost = pa*Volume;
scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;
RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;
pak = WMA(rsv,n);
paD = WMA(paK,n);
UP=pak;
DOWN=pad;
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );
_SECTION_END();
_SECTION_END();2 comments
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How to use it
Thanks