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Vertical Horizontal Filter for Amibroker (AFL)
Rating:
4 / 5 (Votes 2)
Tags:
amibroker, trend
This is amibroker for vertical horizontal filter which is useful to determine whether prices tend to trend (rising values) or moving towards trading / congestion zone (falling values)
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Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | _SECTION_BEGIN("VHF");pds=9; smooth=3;hcp=HHV(C,pds);lcp=LLV(C,pds);mcp=C-Ref(C,-1);sav=Sum(abs(mcp),pds); Vhf=(Hcp-Lcp)/sav;Plot(EMA(vhf,smooth),"Vertical Horizontal Filter",colorBlue,4); Title=WriteIf(Vhf>Ref(Vhf,-1)ANDRef(Vhf,-1)>Ref(Vhf,-2),EncodeColor(colorGreen)+" VHF is currentlyrising.",EncodeColor(colorYellow)+" VHF is Falling."); _SECTION_END(); |
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