AO+and AC+ Buy Exploration for Amibroker (AFL)
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SetChartOptions( 0, chartShowArrows|chartShowDates );
_SECTION_BEGIN("Acceleration / Deceleration (AC) Bill Williams");
/*** The trend indicators ***/
P= ParamList("Price", "Close|(H+L)/2|(H+C+L)/3",1);
if (P=="Close")
A = C;
else
if (P=="(H+C+L)/3")
A = (H+C+L)/3;
else
A = (H+L)/2;
AO=MA(A,5)-MA(A,34);
AC=AO-MA(AO,5);
UpAO= AO>(Ao-3);(Ao-2);(Ao-1);
UpAc= AC>(Ac-3);(Ac-2);(Ac-1);
BuyA= AC>=0 AND UpAc; AO>0 AND UpAo;
Buy= BuyA;
_SECTION_END();