Flower Indicator for Amibroker (AFL)
Please use the following AFL on your exisitng AMIBROKER Chart & get a edge in identifying Accumulation/Distribution zone of any market.
Each levels can act like support & resistance ( watch for +/- 200 levels & the dots when appear on the chart )
Title of the Flower Chart will go RED if we are entering in a Distribution phase & Green for Accumulation.
This is a modified RENKO chart & should be used with MPLITE & any Momentum indicator combination for best results.
Submitted by niladri almost 5 years ago
- Intraday Trades
- price support resistance
- Support & Resistance
- Yancedolly Bands - how to catch chickens ? - strategy part 1
- Automatic Support and Resistance with Channel
- Support/Resistance Modified
Please login here to leave a comment.