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Coral Trend Indicator Trading System for Amibroker (AFL)
SADAI
about 2 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
amibroker, trend, trading system

This is one of my indicator which is used in my trading. This is not developed by me, but based on this indicator here i changed some parameter to get good result. You can used your own time frame. pl comment

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Indicator / Formula

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Apply this indicator to a price chart to see signals.

_SECTION_BEGIN( "Trend Indicator" );

sm = Param( "Smoothing Period", 21, 2, 40, 1 );
cd = Param( "Constant D", 0.4, 0.1, 2, 0.1 );

di = ( sm - 1.0 ) / 2.0 + 1.0;
c1 = 2 / ( di + 1.0 );
c2 = 1 - c1;
c3 = 3.0 * ( cd * cd + cd * cd * cd );
c4 = -3.0 * ( 2.0 * cd * cd + cd + cd * cd * cd );
c5 = 3.0 * cd + 1.0 + cd * cd * cd + 3.0 * cd * cd;

src = Close;
i1 = 0;
i2 = 0;
i3 = 0;
i4 = 0;
i5 = 0;
i6 = 0;

for( i = 1; i < BarCount; i++ )
{
    i1[i] = c1[i] * src[i] + c2[i] * i1[i - 1];
    i2[i] = c1[i] * i1[i] + c2[i] * i2[i - 1];
    i3[i] = c1[i] * i2[i] + c2[i] * i3[i - 1];
    i4[i] = c1[i] * i3[i] + c2[i] * i4[i - 1];
    i5[i] = c1[i] * i4[i] + c2[i] * i5[i - 1];
    i6[i] = c1[i] * i5[i] + c2[i] * i6[i - 1];
}

bfr = -cd * cd * cd * i6 + c3 * ( i5 ) + c4 * ( i4 ) + c5 * ( i3 );

color = IIf( bfr > Ref( bfr, -1 ), colorGreen, colorRed );

A = bfr > Ref( bfr, -1 );
B = Ref( bfr, -1 ) > bfr;

A = ExRem( A, B );
B = ExRem( B, A );

PlotShapes( A * shapeHollowUpArrow, colorcustom11, 0, L, -15 );
PlotShapes( B* shapeHollowdownArrow, coloryellow, 0, H, -15 );

_SECTION_END();

2 comments

1. shon

Not working for me

2. SADAI

You can add price chart with this afl.

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