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MFI MinMax colored for Amibroker (AFL)

Rating:
4 / 5 (Votes 5)
Tags:
oscillator, amibroker

It is great to understand how the trend is bullish and bearish.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("MFIMinMax");
SetChartOptions(0,0,chartGrid30|chartGrid50|chartGrid70);
periods = Param( "Periods", 14, 2, 200, 1 );
maxClip = Param( "maxClip", 80, 1, 100, 1 );
minClip = Param( "minClip", 20, 1, 100, 1 );

Plot( MFI( periods), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ),
ParamStyle("Style") );

r = MFI(periods);
PlotOHLC( r,r,50,r, "", IIf( r > 50, colorRed, colorBrightGreen ), styleCloud |
styleNoLabel | styleClipMinMax, minClip, maxClip );
_SECTION_END();

6 comments

1. kirthi1987

it is not displaying anything pls slove the issue

2. administrator

Hello

Checked and it works fine maybe you have an older version of Amibroker.

3. kirthi1987

sir,

i am using amibroker 5.2 version

4. administrator

No errors?

5. Pascal SAMSON

Divergences between prices and the MFI are really something!
Thanks for the formula.

6. pravinbv

thanks. it it what i wanted. the basic indicators with color. thanks. where other basic indicators like RSI and CCI with color.

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