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OsMA Indicator (the real one) for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
oscillator, amibroker
Hi Guys,
There is a couple of OsMA indicators on the board but none are as good as this one.
Steve
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("ind OsMA");
// Params
FastEma=Param("Fast EMA", 12, 1 , 25, 1);
SlowEma=Param("Slow EMA", 26, 1 , 50, 1);
SignalEma=Param("Signal EMA", 9, 1 , 25, 1);
// signals
valMACD = MACD(fastema,slowema);
valSignal = Signal(FastEma,SlowEma,SignalEMA);
valOSMA = valMACD - valSignal;
// set color
OsMAColor=IIf(valOSMA >= Ref(valOSMA,-1) AND valOSMA>0,colorBrightGreen,
IIf(valOSMA < Ref(valOSMA,-1) AND valOSMA>0,colorGreen,
IIf(valOSMA <= Ref(valOSMA,-1) AND valOSMA<0,colorRed,
colorDarkRed)));
Plot(valOSMA, "val ", OsMAColor,styleHistogram|styleThick );
_SECTION_END();0 comments
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