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#1 Selling Amibroker Plugin featuring:
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Mean band for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, bands
You can buy a stock when candle stick is above the band and in similar way u can sell when the candle stick is below the band…it is really a helpful AFL….
Screenshots
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Indicator / Formula
Copy & Paste Friendly
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 | _SECTION_BEGIN("Mean Band");function SteBand( array, periods,number, upper ){Lr = LinearReg( array, periods );se = StdErr( array, periods );return LR + IIf( upper, 1, -1 ) * number * se;}Periods = Param("Standard Error", 80, 1, 100, 1);Smooth = Param("Mean Smoothness",14,2,100,1);number = Param("StdErrNo", 1, 0.2, 3.0,0.2);parmCloudColor = ParamColor("Cloud Color", ColorRGB( 40,40,40) );UStdErrBand = SteBand( C, Periods, number, True );LStdErrBand = SteBand( C, Periods, number, False );MStdErrBand = (UStdErrBand + LStdErrBand )/2;Plot( MA(UStdErrBand,smooth), "UpperBand ", colorDarkRed,styleLine );Plot( MA(LStdErrBand,smooth), "LowerBand ", colorDarkRed,styleLine );Plot( MA(MStdErrBand,smooth) , "MidBand", colorPlum , styleDashed );Plot( Close, "Close", colorBlack, styleCandle );PlotOHLC( MA(UStdErrBand,smooth), MA(UStdErrBand,smooth), MA(LStdErrBand,smooth) , MA(LStdErrBand,smooth) , "", parmCloudColor, styleCloud | styleNoLabel);_SECTION_END(); |
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