Trix Bars Number for Amibroker (AFL)

Rating:

4 / 5 (Votes 3)
Tags:

Count Trix Bars for each swing.
Plot a ribbon with the bar number for up and down swings.
Colored swing.
Adjustable Scale PlotText above the ribbon : courtesy by Aron. It helps to decipher a trend-countertrend-trend.
An easy count A-B-C or 1-2-3.
A series of trix green segments longer than red segments and going upper at each step can be compared with another time unit. Eg 1 min – 3 min – 10 min.

Indicator / Formula

//	Trix Bars number
//	Trix Bars number for each swing

periods = Param( "Periods", 5, 2, 200, 1 );
TrixOnClose = Trix( periods );

uptx = TrixOnClose >= Ref( TrixOnClose, -1 );
dntx = TrixOnClose <= Ref( TrixOnClose, -1 );

Peaktrix = TrixOnClose > Ref( TrixOnClose, -1 )AND TrixOnClose > Ref(TrixOnClose, 1 );
Troughtrix = TrixOnClose < Ref( TrixOnClose, -1 )AND TrixOnClose < Ref(TrixOnClose, 1 ) ;

BarsUp = BarsSince( dntx );
BarsDn = BarsSince( uptx );

Colortx = IIf( uptx , colorGreen, IIf( dntx , colorRed, colorGreen ) );

Plot( TrixOnClose, "Trix (" + periods + ")" , Colortx, styleThick );

// Trix's ribbon
Ribbon = IIf( uptx , colorBrightGreen, IIf( dntx , colorRed, colorBrightGreen ));
Plot( 3, "", Ribbon , styleOwnScale | styleArea | styleNoLabel, 0, 100 );

// plot a text at 5% from bottom's pane
percent = Param( "PositText%", 5, 2, 90, 0.5 );
Miny = Status( "axisminy" );
Maxy = Status( "axismaxy" );
y = Miny +  ( Maxy - Miny ) * percent / 100; // at 5 % above bottom of the pane

for ( i = 0; i < BarCount; i++ )
{
    if ( Peaktrix [i] )
        PlotText( "" + BarsUp [ i ], i - BarsUp [ i ] / 2 + 1, y, colorGreen);

    if ( Troughtrix [i] )
        PlotText( "" + BarsDn [ i ], i - BarsDn [ i ] / 2 + 1, y, colorRed );
}

GraphXSpace = 10;

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