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Rakesh's Best Pick OB OSoled for Amibroker (AFL)
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_SECTION_BEGIN("OsSetting");
HaClose =EMA((O+H+L+C)/4,3);
HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
HaHigh = Max( H, Max( HaClose, HaOpen ) );
HaLow = Min( L, Min( HaClose, HaOpen ) );
Temp = Max(High, HaOpen);
Temp = Min(Low,HaOpen);
Ovos = ParamToggle("Display_OVOS", "No|Yes", 1);
OBSetting= 40;
Bline = StochD(OBSetting);
Oversold=Bline<=30;
Overbought=Bline>=85;
if(Ovos)
{
PlotShapes (IIf(Oversold, shapeSmallCircle, shapeNone) ,colorWhite, layer = 0, yposition = haLow, offset = -8 );
PlotShapes (IIf(Overbought, shapeSmallCircle, shapeNone) ,colorRed, layer = 0, yposition = haHigh, offset = 7 );
}
_SECTION_END();