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Trend Quality Indicator for Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
oscillator, amibroker

The indicator detects the trend strength. Use it with any trend following system like Chandelier Exit or KBrain. The indicator will detect trend strength and will help noting false signals.

Screenshots

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4 comments

1. mahesh.aranake

How can we insert buy sell instructions for scan?

2. administrator

Hi mahesh what do you consider a buy and sell?

3. akerstkh

This indicator, appeared in one of the issue in TASC magazine, can be used as a filter for trend. Up Trend when Signal >1 and Down Trend <-1.

4. fishmarket

I am a newbie, I just know VBA and some database language. Can you please help on how to make it for scan? thanks a lot.

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