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Popular Indicators

VPA 4.0.afl for Amibroker (AFL)

4 / 5 (Votes 7)

VPA 4.0 new version from Karthikmarar

Similar Formulas

Formula

9 Comments

howto trade in crudeoil,banknifty,stocks

Appreciate the effort that went into this AFL. Thanks.

3. dompak

Appreciate the effort, but is there any explanation on the signal and condition meaning? how to determine when to buy or sell? or this is just a screener?

4. SADAI

Appreciate the effort. But no indicator where to buy or sell

Amazing, thank you for this beautiful work this is motivating !

I think this AFL is meant to be a screener, but to try some Buy & Sell signals, just put the following lines at the end of the formula given above.

Buy  = buyCond;
Sell = sellCond;
Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy);

//the following code puts in vertical dashed lines for clearer Buy & Sell signals on the graph
//Plot(Ref(buyCond,0),"",colorBrightGreen, styleHistogram|styleDashed|styleThick|styleOwnScale|styleNoLabel,0,0,0,-1);
//Plot(Ref(sellCond,0),"",colorOrange, styleHistogram|styleDashed|styleThick|styleOwnScale|styleNoLabel,0,0,0,-1);

Of course, you have to remove the “//” in front of the last 2 lines (above) to plot the dashed vertical lines (optional).

Work is awesome. But the user manual must be clearly written. Combined with supertrend indicator can be used for algo trading in 15 min timeframe.

Good work.

Amamzing. Ty for this indicator. This i so helpfull for trendfollowers.

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