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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Chande's Trend Score for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker
This is the Chande’s Trend Score for Amibroker.
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Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 | SmoothingPeriod = 5; CTS= IIf ( C >= Ref ( C ,-11),1,-1)+ IIf ( C >= Ref ( C ,-12),1,-1)+ IIf ( C >= Ref ( C ,-13),1,-1)+ IIf ( C >= Ref ( C ,-14),1,-1)+ IIf ( C >= Ref ( C ,-15),1,-1)+ IIf ( C >= Ref ( C ,-16),1,-1)+ IIf ( C >= Ref ( C ,-17),1,-1)+ IIf ( C >= Ref ( C ,-18),1,-1)+ IIf ( C >= Ref ( C ,-19),1,-1)+ IIf ( C >= Ref ( C ,-20),1,-1); CTSM = WMA (CTS,SmoothingPeriod); Histo = IIf (CTSM==10,5, IIf (CTS==-10,-5, Null )); Plot (CTSM, "CTSM" , colorBlack , styleLine ); Plot (Histo, "" , colorGreen , styleHistogram ); Plot (12, "" , colorRed , styleLine ); Plot (-12, "" , colorRed , styleLine ); |
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can anyone tell me how to use this indicator.. thanks
Try here:
http://stockstudent.blogspot.com/2008/03/yangzijiang-trend-score-case-study.html