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Price Zone Oscillator for Amibroker (AFL)
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 | _SECTION_BEGIN("Price_Zone_Oscillator");// PZO indicator - www.stockmaniacs.netfunction PZOsc( Period ) { R = sign( Close - Ref( Close, -1 ) ) * Close; VP = EMA( R, Period ); TV = EMA( Close, Period ); return Nz( 100 * VP / TV ); } Period = Param( "PZO period", 14, 2 , 200 ); PZO = PZOsc( Period ); Plot( PZO, "PZO" + _PARAM_VALUES(), colorBlue, styleThick ); // grid lines PlotGrid( 60 ); Plot( 40, "", colorDarkGreen ); PlotGrid( 15 ); Plot( 0, "", colorBlack ); PlotGrid( -5 ); Plot( -40, "", colorBrown ); PlotGrid( -60 ); // system rules Buy = ADX(14) < 18 AND ( Cross( PZO, -40 ) OR Cross( PZO, 15 ) ); Sell = ( Cross( PZO, 40 ) AND ADX( 14 ) > 18 ) OR Cross( -5, PZO ); Short = ADX(14) < 18 AND ( Cross( 40, PZO ) OR Cross( -5, PZO ) ); Cover = ( Cross( -40, PZO ) AND ADX( 14 ) > 18 ) OR Cross( PZO, 15 );_SECTION_END(); |