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Shrees KTR Oscillator for Amibroker (AFL)

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

KT STANDS FOR KIJUN TENKAN HISTOGRAM .

R STANDS FOR RSI

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("KTR");
X=EMA (RSI(5),7);
Y=EMA (X,5);
//Plot (X, "SmoothRSI", colorRed,styleThick);
Plot (X, "SRSI", colorRed,styleThick|styleOwnScale);

//Plot (EMA (RSI(21),5), "Signal", colorLightBlue,styleThick);
Plot (Y, "Signal", colorLightBlue,styleThick|styleOwnScale);


//////////////////////////////////////////////////////////

/*ICHI SHORT TERM*/
SL = ( HHV( H, 13 ) + LLV( L, 13) )/2;// standard, base, or kijun-sen line
TL = ( HHV( H, 3 ) + LLV( L, 3 ) )/2;// turning, conversion, or tenkan-senline 
//DL = Ref( C, 25 );						// delayed close price, or chikou span
Span1 = Ref( ( SL + TL )/2, -25 );		//Span1 and Span2 define the clouds
Span21 = Ref( (HHV( H, 52) + LLV(L, 52))/2, -25);

/////////////////////////////////////////////////////////////////////////////////////////// 
//Plot(SL,"SL",colorLIGHTBlue,styleThick);// standard, base, or kijun-sen line 
//Plot(TL,"TL",colorRed,styleThick);// turning, conversion, or tenkan-senline 
//Plot(DL,"DL",colorViolet,styleLine);// delayed close price, or chikou span
//PlotOHLC(Span1,Span1,Span2,Span2,"Cloud",ColorHSB(Hue,sat,bri),styleCloud);

///////////////////////////////////////////////////////////////////////////////

///////////////////////////////////////////////////////////////////////////////////////////////
 /*ICHI STD
SL = ( HHV( H, 26 ) + LLV( L, 26) )/2;// standard, base, or kijun-sen line
TL = ( HHV( H, 9 ) + LLV( L, 9 ) )/2;// turning, conversion, or tenkan-senline 
DL = Ref( C, 25 );						// delayed close price, or chikou span
Span1 = Ref( ( SL + TL )/2, -25 );		//Span1 and Span2 define the clouds
Span21 = Ref( (HHV( H, 52) + LLV(L, 52))/2, -25);
*/
//////////////////////////////////////////////////////////////////////////////////////////////
  RKT=TL-SL;
  RKTH=HHV(RKT ,5);
  RKTL=LLV(RKT ,5);
  RRKTHL=  RKTH-RKTL;
  
  STOKT=RKT*100/ RRKTHL;
  MASTOKT  =EMA(STOKT,5);
  MMASTOKT  =EMA(MASTOKT,3);
  X=MASTOKT -MMASTOKT ;
  
  
  
  dr=10;
  XM=MA(X,dr)*2;



  A=colorBRIGHTGreen;
  B=colorCustom12;

  
  COLHIST=IIf(X>Ref(X,-1) ,A,B);
  
  
  Plot( XM,"", COLHIST,styleHistogram);//
  PlotOHLC( XM,XM,0,0,"", ColorRGB(60,60,30),styleCloud|styleNoLabel);//
  
  Plot( 0,"",colorYellow,styleLine);//
  _SECTION_END();

1 comments

1. MotaSheth

Please post rules of buy and sell for this indicator,
thanks in advance

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