RAJASWAMY TREND MARKS for Amibroker (AFL)
rajaswamy over 15 years ago Amibroker (AFL)
HI THIS IS RAJASWAMY THIS AFL WILL TELL YOU THE EXACT TREND HOW GOOD IT IS IF YOU GET BUY AND THE TREND GOT MORE THEN 5 MARKS THEN 100% YOU WILL GET PROFIT ON THET BUY SIGNAL FREIND THIS WILL NOT SHOW YOU BUY SELL BUT IT WILL TELL YOU HOW GOOD IS THET BUY SELL RATIO ANY DOUT ADD MY ID ( RAJASWAMYM@YAHOO.COM )
Screenshots
Indicator / Formula
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P = ParamField("Price field",-1);
TrendScore =
IIf(P>=Ref(P,-11),1,-1) + IIf(P>=Ref(P,-12),1,-1) +
IIf(P>=Ref(P,-13),1,-1) + IIf(P>=Ref(P,-14),1,-1) +
IIf(P>=Ref(P,-15),1,-1) + IIf(P>=Ref(P,-16),1,-1) +
IIf(P>=Ref(P,-17),1,-1) + IIf(P>=Ref(P,-18),1,-1) +
IIf(P>=Ref(P,-19),1,-1) + IIf(P>=Ref(P,-20),1,-1);
Plot(TrendScore,"TrendScore", ParamColor( "Color", colorCycle ), ParamStyle("Style") );
PlotGrid(0, colorLightGrey);
3 comments
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Very good afl
Very good for weekly/monthly lookup. Thanks Rajasawami for sharing and being kind.
for buy trend strength is +5
for sell signal is it should be -5
kindly clarify me…….