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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
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Weekly Money Indicator for Amibroker (AFL)
Rating:
5 / 5 (Votes 2)
Tags:
amibroker, Money, weekly
This weekly time frame can be drop&drag
1-To solve the problem with gaps
2-Applies exponential smoothing, using the method employed by Welles Wilder for many of his indicators.
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Indicator / Formula
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TimeFrameSet( inWeekly );
periods = Param( "Periods", 20, 5, 200, 1 );
TRH=Max(Ref(C,-1),H);
TRL=Min(Ref(C,-1),L);
TR=TRH-TRL;
ADV=V*((C-TRL)-(TRH-C))/ IIf(TR==0,9999999,TR);
WV=V+(Ref(V,-1)*0);
SmV= Wilders(WV,periods);
SmA= Wilders(ADV,periods);
TMF= IIf(SmV==0,0,SmA/SmV);
TimeFrameRestore();
Plot(TimeFrameExpand( tmf, inWeekly,expandLast), "TMF", ParamColor( "TMF color", colorCycle ) ,ParamStyle("Style",styleLine,maskAll),Null,Null,0 );
Plot(0,"Centre Line",ParamColor( "Centre Line Color", colorCycle ),1 );0 comments
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