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AK TREND for Amibroker (AFL)

Rating:
2 / 5 (Votes 3)
Tags:
oscillator, amibroker

This indicator simply indentifies if the market are
in a up or down trend.

For SPX or SPY ONLY, Time Frame = Monthly

Screenshots

Indicator / Formula

Copy & Paste Friendly
inputy1=Param("input1",3,3,100,1);
inputy2=Param("input2",8,8,100,1);

fastma1 = ema(close,inputy1);
fastma2 = ema(close,inputy2);

aktrend = (fastma1-fastma2)*1.001;
Plot(aktrend, "aktrend", IIf(aktrend > 0,colorbrightgreen,colorred),styleline | styleThick);
plot (0,"",colorwhite);

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