ADX color side way for Amibroker (AFL)
four7 almost 16 years ago Amibroker (AFL)
Standard ADX indicator with buy, sell and exploration. When ADX is less then 20 it is filled with yellow which means the trend is sideways.
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Indicator / Formula
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_SECTION_BEGIN("ADX");
range = Param("Periods", 13, 2, 200, 1 );
Plot( ADX(range), _DEFAULT_NAME(), ParamColor( "ADX color", colorBlue ), ParamStyle("ADX style", styleThick ) );
r = ADX(range);
PlotOHLC( r,r,22.5,r, "", IIf( r > 22.5, colorRed, colorYellow ), styleCloud | styleClipMinMax, 20, 45 );
Plot( T =PDI(range), "+DI", ParamColor( "+DI color", colorGreen ), ParamStyle("+DI style") );
Plot( G = MDI(range), "-DI", ParamColor( "-DI color", colorRed ), ParamStyle("-DI style") );
Buy = Cross (T,G) AND ADX(13)>20;
Sell = Cross (G,T) AND ADX(13)>20;
//Sideway = Cross(20,ADX(13);
//Canhbao = Cross(45;ADX(13);
Filter=Buy OR Sell; //OR Sideway OR Canhbao;
Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); //Sideway = ExRem(Sideway,Canhbao);
AddColumn(Close,"Close");AddColumn(Volume,"Volume");AddColumn(T,"DI+");AddColumn(G,"DI-");AddColumn(ADX(13),"ADX"); AddColumn(Buy,"Buy"); AddColumn(Sell,"sell");
_SECTION_END();0 comments
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