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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
AshishDa Buy-Sell for Amibroker (AFL)
This afl identifies the oversold and overbought level and gives buy or sell for counter trend
Similar Indicators / Formulas
Indicator / Formula
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 ( "AshishDa Buy-Sell" ); ///////////////////// BULLISH SETUP /////////////////////////////// WillR=-100 * ( HHV ( H , 14 ) - C )/( HHV ( H , 14 ) - LLV ( L , 14 ) ); a= IIf ( LLV ( RSI (14),20)< Ref ( LLV ( RSI (14),20),-2) AND LLV ( RSI (14),20) < 35,1,0); b= IIf ( Ref (a,-1) ==1 AND a ==0 ,1,0); m= IIf ( Hold (b,10) AND WillR < -95,1,0); n= IIf ( Ref (m,-1) ==1 AND m ==0 ,1,0); PlotShapes ( shapeUpArrow *n, colorGreen ,0, L ,-15 ); ////////////////////////////// BEARISH SETUP ///////////////////////////// aWillR=-100 * ( HHV ( H , 14 ) - C )/( HHV ( H , 14 ) - LLV ( L , 14 ) ); aa= IIf ( HHV ( RSI (14),20)> Ref ( HHV ( RSI (14),20),-2) AND HHV ( RSI (14),20) > 65,1,0); ab= IIf ( Ref (aa,-1) ==1 AND aa ==0 ,1,0); am= IIf ( Hold (ab,10) AND aWillR > -10,1,0); an= IIf ( Ref (am,-1) ==1 AND am ==0 AND C < O ,1,0); PlotShapes ( shapeDownArrow *an, colorRed ,0, H ,-15 ); Filter =n>0 OR AN>0; AddColumn ( IIf (n>0,1, IIf (an>0,-1, Null )) , "B_S" ,1.0, colorWhite , IIf (n>0, colorGreen , IIf (an>0, colorRed , colorBlack ))); _SECTION_END (); |
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Before people say this doesn’t work because it doesn’t display any indicator. This only shows Buy/Sell signals when applied to a price chart :).