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uptrend indicator ( not my creation ) for Amibroker (AFL)
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1 2 3 4 5 6 7 8 9 10 | uptrend= IIf ( StochK (39,3) > StochD (39,3,3), 1, 0 ); downtrend= IIf ( StochK (39,3)< StochD (39,3,3), 1, 0 ); BuyV = uptrend AND Ref (uptrend, -1) AND ( H > ( Ref ( H , -1) + 5)); SellV = downtrend AND Ref (downtrend,-1) AND ( L > ( Ref ( L , -1) - 5)); BuySB = BarsSince ( Ref (BuyV,-1)); SellSB= BarsSince ( Ref (SellV,-1)); Buy = BuyV AND BuySB > SellSB; Sell = SellV AND BuySB < SellSB ; |