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Bearish flip for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker, exploration
This works as a scanner to find candles that formed as bearish flips. Also can plot arrow to show which candle has formed bearish flip on the price chart.
Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | condition1 = C > Ref(C, -1) AND C > Ref(C, -2) AND C > Ref(C, -3) AND C > Ref(C, -4);condition2 = Ref(C, -1) < Ref(C, -2) AND Ref(C, -1) < Ref(C, -3) AND Ref(C, -1) < Ref(C, -4) AND Ref(C, -1) < Ref(C, -5);condition3 = O >= Ref(C, -1);bearishFlip = condition1 AND condition2 AND condition3;PlotShapes(IIf(bearishFlip==1,shapeUpArrow , shapeNone), colorDarkGreen, 0, Low, Offset=-15);Filter = bearishFlip;AddTextColumn( SectorID( 1 ), "Sector" );AddColumn(C, "Close",1.2);AddColumn(ROC(C,1), "Change %",1.2);SetSortColumns( 3 ); |
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