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#1 Selling Amibroker Plugin featuring:
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ppo2 for Amibroker (AFL)
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_SECTION_BEGIN("PPO");
//Further understanding of PPO indicator visit www.Stockchart.com
PPOShort = Param("PPO Short Period", 8, 1, 150, 1);
PPOLong = Param("PPO Long Period", 17, 1, 150, 1);
PPOsignal = Param("PPOsignal", 9, 1, 150, 1);
PPO = (EMA(C, PPOShort ) - EMA(C, PPOLong ))/ EMA(C, PPOLong );
PPOS = (EMA(ppo, PPOsignal ));
Val=ppo-PPOS ;
Plot( PPO , "ppo", colorGreen, styleLine| styleThick );
Plot ( PPOS ,"PPO Signal", colorOrange, styleLine| styleThick );
dynamic_color = IIf( Val> 0, colorGreen, colorRed );
Plot( Val, "PPO Histogram", dynamic_color, styleHistogram | styleThick );
Buy=Cross(PPO,PPOS);
Sell=Cross(PPOS,PPO);
shape = Buy * shapeHollowUpArrow + Sell * shapeHollowDownArrow;
PlotShapes( shape, IIf( Buy, colorLime, colorRed ), 0,IIf( Buy, Ref(PPO,-1)*0.9, Ref(PPO,-1)*1.05) );
_SECTION_END();