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#1 Selling Amibroker Plugin featuring:
BOTTOM PEARLS for Amibroker (AFL)
This is an indicator. Look for cup or saucer shaped patterns at the
bottoms. The shapes are two types. cups with green line on top
for most of the part. cups with green line on bottom for most of
the part. first type of cups are the most preferred entry levels.
See the screenshot with tick marks, you can understand. Thus
bottoms are easily and accurately identified. This indicator
is based on the product of ADX AND MACD. Verified many charts
and this indicator is found to give accurate results. Ignore buy
signals when the cups are formed with green line on bottom for
most of the part.
Indicator / Formula
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