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Ertanaliz for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
Shows overbought and oversold levels and divergences. look for 50, 0 and -50 levels. performs better in weekly charts.
Screenshots
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 | _SECTION_BEGIN("ertanaliz"); SumUp=Sum(IIf(C>Ref(C,-1),(C-Ref(C,-1)),0), 11);SumDn=Sum(IIf(C<Ref(C,-1),(Ref(C,-1)-C),0), 11); CMO=100*(SumUp-SumDn)/(SumUp+SumDn);Plot(CMO,"ertanaliz",colorGreen,styleLine); K1=Stdev(CMO,10);K2=Stdev(CMO,20);K3=Stdev(CMO,50);K1*CMO+K2*CMO+K3*CMO/(K1+K2+K3);ert=20;CMOort=DEMA(CMO,ert);trgAvg=5;trigger=DEMA(CMOort,trgAvg);Buy=Cross(CMOort,trigger);Sell=Cross(trigger,CMOort) OR BarsSince(Buy)>=50; Buy=ExRem(Buy,Sell);Sell=ExRem(Sell,Buy); Short=Cross(trigger,CMOort);Cover=Cross(CMOort,trigger) OR BarsSince(Short)>=50; Plot(CMOort,"Ortalama",colorGreen,-100,100);Plot(50,"",15);Plot(-50,"",15);_SECTION_END(); |
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This line is not used
K1*CMO+K2*CMO+K3*CMO/(K1+K2+K3);
any where. Is there any use.
Good indicator
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