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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Super Meisel for Amibroker (AFL)
Knowing “best buy point” when stock is going down…. tribute to Mr.Hans
Similar Indicators / Formulas
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 | _SECTION_BEGIN ( "supermeisels" ); /* SuperMeisels by Hans 20 Nov 2004 */ Lim= Param ( "Limite" ,5.5,4,9,0.1); change = IIf ( Close > Ref ( Close , - 1 ), 1, IIf ( Close < Ref ( Close , -1 ), -1, 0 ) ) ; changeL = IIf ( Low > Ref ( Low , - 1 ), 1, IIf ( Low < Ref ( Low , -1 ), -1, 0 ) ) ; changeH = IIf ( High > Ref ( High , - 1 ), 1, IIf ( High < Ref ( High , -1 ), -1, 0 ) ) ; meisels = Sum ( change,10 ); meiselslow = Sum ( changel,10 ); meiselshigh = Sum ( changeh,10 ); Plot (Lim, "" , colorBlack ,1); Plot (-Lim, "" , colorBlack ,1); Plot (meisels, "meisels" , colorBlue ,1); Plot (meiselslow, "meiselslow" , colorGreen ,1); Plot (meiselshigh, "meiselshigh" , colorRed ,1); meiBuy= Cross (meiselslow,-Lim) OR Cross (meisels,-Lim) OR Cross (meiselshigh,-Lim); meisell= Cross (Lim,meiselslow) OR Cross (Lim,meisels) OR Cross (Lim,meiselshigh); PlotShapes ( shapeUpArrow *(meibuy), colorGreen ,0,Graph1,-10); PlotShapes ( shapeDownArrow *(meisell), colorRed ,0,Graph0,-10); GraphXSpace =3; _SECTION_END (); |
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very good indicator, very useful for entry and exit .