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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Shrees KTR Oscillator for Amibroker (AFL)
KT STANDS FOR KIJUN TENKAN HISTOGRAM .
R STANDS FOR RSI
Indicator / Formula
_SECTION_BEGIN("KTR");
X=EMA (RSI(5),7);
Y=EMA (X,5);
//Plot (X, "SmoothRSI", colorRed,styleThick);
Plot (X, "SRSI", colorRed,styleThick|styleOwnScale);
//Plot (EMA (RSI(21),5), "Signal", colorLightBlue,styleThick);
Plot (Y, "Signal", colorLightBlue,styleThick|styleOwnScale);
//////////////////////////////////////////////////////////
/*ICHI SHORT TERM*/
SL = ( HHV( H, 13 ) + LLV( L, 13) )/2;// standard, base, or kijun-sen line
TL = ( HHV( H, 3 ) + LLV( L, 3 ) )/2;// turning, conversion, or tenkan-senline
//DL = Ref( C, 25 ); // delayed close price, or chikou span
Span1 = Ref( ( SL + TL )/2, -25 ); //Span1 and Span2 define the clouds
Span21 = Ref( (HHV( H, 52) + LLV(L, 52))/2, -25);
///////////////////////////////////////////////////////////////////////////////////////////
//Plot(SL,"SL",colorLIGHTBlue,styleThick);// standard, base, or kijun-sen line
//Plot(TL,"TL",colorRed,styleThick);// turning, conversion, or tenkan-senline
//Plot(DL,"DL",colorViolet,styleLine);// delayed close price, or chikou span
//PlotOHLC(Span1,Span1,Span2,Span2,"Cloud",ColorHSB(Hue,sat,bri),styleCloud);
///////////////////////////////////////////////////////////////////////////////
///////////////////////////////////////////////////////////////////////////////////////////////
/*ICHI STD
SL = ( HHV( H, 26 ) + LLV( L, 26) )/2;// standard, base, or kijun-sen line
TL = ( HHV( H, 9 ) + LLV( L, 9 ) )/2;// turning, conversion, or tenkan-senline
DL = Ref( C, 25 ); // delayed close price, or chikou span
Span1 = Ref( ( SL + TL )/2, -25 ); //Span1 and Span2 define the clouds
Span21 = Ref( (HHV( H, 52) + LLV(L, 52))/2, -25);
*/
//////////////////////////////////////////////////////////////////////////////////////////////
RKT=TL-SL;
RKTH=HHV(RKT ,5);
RKTL=LLV(RKT ,5);
RRKTHL= RKTH-RKTL;
STOKT=RKT*100/ RRKTHL;
MASTOKT =EMA(STOKT,5);
MMASTOKT =EMA(MASTOKT,3);
X=MASTOKT -MMASTOKT ;
dr=10;
XM=MA(X,dr)*2;
A=colorBRIGHTGreen;
B=colorCustom12;
COLHIST=IIf(X>Ref(X,-1) ,A,B);
Plot( XM,"", COLHIST,styleHistogram);//
PlotOHLC( XM,XM,0,0,"", ColorRGB(60,60,30),styleCloud|styleNoLabel);//
Plot( 0,"",colorYellow,styleLine);//
_SECTION_END();
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Please post rules of buy and sell for this indicator,
thanks in advance