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Score Card for Amibroker (AFL)

3 / 5 (Votes 5)

Score Card can help us to detect trend of the stock. It is moving from 09 to -09. Plus figure indicates positive trend and Negative figure indicates Negative trend.

Requires the following plugin to be installed to work:

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or
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Here is a screenshot of how the indicator looks:
Score_card

Similar Formulas

Formula

5 Comments

1. sasajib

nice afl…thx for the share vai…

not working for me sir i have done plug in and includs still not working sir

3. sfialok

Very useful, thanks for sharing.

4. halfman

it’s working like a charm. copy paste the plugin and restart your amibroker. It will show a message, but don’t worry. Just click ok and run the indicator.

Hi,

Here is one more trendscore indicator based on BB.
Highly reliable than this trendscore & works on all TF.

/*
BB trend score > 2 highly bullish
and
BB trend score < -2 highly bearish
*/

_SECTION_BEGIN(“BB Histogram”);
bbhist=((C+2*StDev(C,20) – MA) / ((4*StDev(C,18)))*4) – 2;
Plot(bbhist, “BBands Histogram”, IIf(bbhist > 0, colorGreen, colorRed),
styleHistogram + styleThick);
_SECTION_END();

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