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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Wolfstein Trending v1.0 for Amibroker (AFL)
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
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 30 31 32 | _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 (); |
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sir only bottom colour band visible, it is not showing as screen shot
It’s just like supertrend….