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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
RAJASWAMY DCAM for Amibroker (AFL)
THIS INDICATOR LOOK LIKE MACD BUT IT IS MORE THEN ACCURATE AND IMPORTANT IS NO NOICE IT WONT CONFUSE THE TREND EVERY BUY SELL IT ACCURANCY IS 100% TRY AND REPLY ME
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Indicator / Formula
P1 = Param("Short Period",7, 1,100,1); P2 = Param("Long Period",65,1,100,1); L1=Param("Threshold",4,2,10,1); U= MA(C,P1)-MA(C,P2); R=100*U/MA(C,P2); MyColor=IIf(R>L1, colorLime,colorRed); Plot( R,"RAJASWAMY",Mycolor, 2| 4);
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i yhink the formula is not complete.
i am getting only the red lines and not the green as shown in the photo sample
Line 6 …‘Green’ will have to b placed instead of ‘Lime’.