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Ertanaliz for Amibroker (AFL)

3 / 5 (Votes 2)

Shows overbought and oversold levels and divergences. look for 50, 0 and -50 levels. performs better in weekly charts.

Here is a screenshot of how the indicator looks:
Ertanalizindicator

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Formula

1 Comments

This line is not used

K1*CMO+K2*CMO+K3*CMO/(K1+K2+K3);

any where. Is there any use.

Good indicator

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