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#1 Selling Amibroker Plugin featuring:
Bernstein Momentum Indicator for Amibroker (AFL)
Nice indicator to Find Momentum created by Jake Bernstein, famous Commodity Trader
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Indicator / Formula
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 | /* Bernstein Momentum Indicator */ /* Set Scaling to Automatic, Show dates On, Percent On, Middle On */ Title = "Bernstein MOM Close - Ref(Close,-7)" ; GraphXSpace = 5; Graph0 = MA ( Close - Ref ( Close ,-7),1); Graph0Style = 5; Graph0Color = 29; Graph1 = MA (Graph0,5); Graph1Style = 1; Graph1Color = 32; DaysAgo = Optimize ( "DaysAgo" ,-28,-40,-16,4); Fast = Optimize ( "Fast" , 1, 1,5,1); Slow = Optimize ( "Slow" ,28,16,40,4); /* Note: It is merely a coincidence that DaysAgo and Slow use the same parameter set. */ Buy = Cross ( MA ( Close - Ref ( Close ,DaysAgo),Fast), MA ( Close - Ref ( Close ,DaysAgo),Slow) ); Sell = Cross ( MA ( Close - Ref ( Close ,DaysAgo),Slow), MA ( Close - Ref ( Close ,DaysAgo),Fast) ); Short = Cross ( MA ( Close - Ref ( Close ,DaysAgo),Slow), MA ( Close - Ref ( Close ,DaysAgo),Fast) ); Cover = Cross ( MA ( Close - Ref ( Close ,DaysAgo),Fast), MA ( Close - Ref ( Close ,DaysAgo),Slow) ); |
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