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#1 Selling Amibroker Plugin featuring:
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Wolfstein Trending v1.0 for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
amibroker, trading system
Trend Catching to help your Trading System.
Red Zone: No trend. Don’t trade.
Yellow Zone: Weak trending. Youcan trade but you should take profit soon.
Green Zone: Strong trending. You can hold your trading.
Screenshots
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Wolfstein Trending");
range = Param("Periods", 14, 2, 200, 1 );
Plot( ADX(range), _DEFAULT_NAME(), ParamColor( "ADX color", colorBlue ), ParamStyle("ADX style", styleNoDraw ) );
r = ADX(range);
GraphXSpace=15;
TimeFrameSet( inDaily );
trending2 = r>27.5;
trending1 = r>20.5 AND r<27.5;
sideway = r<20.5;
ADXmDaily = ADX(13);
ROCADXmDaily = ROC(ADX(13),1);
TimeFrameRestore();
Title = EncodeColor(colorBrightGreen) + "Wolfstein Trending : "+ EncodeColor(colorBrightGreen) + Name() + " "
+ EncodeColor(colorYellow) + "\nTrending Now: " + EncodeColor(colorYellow) +WriteIf(trending1 ,"Weak Trending" ," ") + EncodeColor(colorRed)
+WriteIf(sideway ,"No Trend" ," " ) + EncodeColor(colorGreen)
+WriteIf(trending2 ,"Strong Trending" ," " )
;
Buy1 = r>20.5 AND r<27.5;
Buy2 = r>27.5;
Sell = r<20.5;
PlotShapes(IIf(Buy1,shapeHollowStar,shapeNone),colorYellow,0,20,0);
PlotShapes(IIf(Buy2,shapeHollowStar,shapeNone),colorGreen,0,20,0);
PlotShapes(IIf(Sell,shapeHollowStar,shapeNone),colorRed,0,20,0);
_SECTION_END();2 comments
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sir only bottom colour band visible, it is not showing as screen shot
It’s just like supertrend….