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Bandar Week for Amibroker (AFL)

Rating:
2 / 5 (Votes 4)
Tags:
oscillator, amibroker

It is formula to know the power of big player on the market, based on average weekly volume. You can detect the timing before bullish or bearish period.

Indicator / Formula

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BDIn=IIf(C>O, V,0); BDOut=IIf(C< O,V,0);
BDAccW=Sum(BDIn, 5); BDAccM=Sum(BDIn, 21);
BDDistW=Sum( BDout,5); BDDistM=Sum( BDout,21) ;
BDWeek=(BDAccW- BDDistW);


ColorBW=IIf( BDWeek>O, colorBrightGreen ,colorRed) ;


Plot(BDWeek, "BDWk",colorBW, styleHistogram| styleThick) ;

1 comments

1. talal7777

thnx

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