Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

MultiCycle 1.0 for Amibroker (AFL)

Rating:
3 / 5 (Votes 10)
Tags:
oscillator, amibroker, cycle

MultiCycle 1.0 created by Brian Richard in the year 2004.

This looks at four different cyclic indicators together at one time. When
three oscillators synchronize, this signals a strong buy or sell.

The white dotted line is the Volume Flow Indicator, or VFI. If the VFI is
above the zero line, look for synchronized oscillators rising out of an
oversold condition — this is a good buy signal. If VFI is below zero, look
for overbought conditions and short, instead.

The REI is Tom DeMark’s Range Expansion Index. This is the most leading
indicator included here. The DSS is a double-smoothed stochastic, good for
timing and exact buy or sell point. And the IFT is the Inverse Fisher
Transform function.

This indicator works well for any time frame. All it takes is a little
getting used to before you become intuitive with it.

Screenshots

Similar Indicators / Formulas

Cycle Highlighter
Submitted by jaredliang over 14 years ago
Percentage Price Oscillator
Submitted by kaiji over 14 years ago
Ergodic Oscillator
Submitted by dljtrader about 14 years ago
3 Days Track
Submitted by janet0211 over 14 years ago
Chande Momentum Oscillator
Submitted by klimpek almost 14 years ago
KPShortTermTrend Bias
Submitted by knifeman almost 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("MultiCycle 1.0");
//------------------------------------------------------------------------------
//
//  This looks at four different cyclic indicators together at one time. When
//  three oscillators synchronize, this signals a strong buy or sell.
//
//  The white dotted line is the Volume Flow Indicator, or VFI. If the VFI is
//  above the zero line, look for synchronized oscillators rising out of an
//  oversold condition -- this is a good buy signal. If VFI is below zero, look
//  for overbought conditions and short, instead.
//
//  The REI is Tom DeMark's Range Expansion Index. This is the most leading
//  indicator included here. The DSS is a double-smoothed stochastic, good for
//  timing and exact buy or sell point. And the IFT is the Inverse Fisher
//  Transform function.
//
//  This indicator works well for any time frame. All it takes is a little
//  getting used to before you become intuitive with it.
//
//  I named it the MultiCycle for lack of a better name.
//
//------------------------------------------------------------------------------

/* 
MULTICYCLE 1.0
By Brian Richard
*/

/* Volume Flow Indicator */
Period = Param("VFI Period",26,26,1300,1);
Coef=0.2;
VCoef=Param("Max. vol. cutoff",2.5,2.5,50,1);
inter = log(Avg)-log(Ref(Avg,-1));
Vinter = StDev(inter,30);
Cutoff=Coef*Vinter*Close;
Vave=Ref(MA(V,Period),-1);
Vmax=Vave*Vcoef;
Vc=Min(V,VMax);
MF=Avg-Ref(Avg,-1);
VCP=IIf(MF>Cutoff,VC,IIf(MF<-Cutoff,-VC,0));
VFI1=Sum(VCP,Period)/Vave;
VFI=EMA(VFI1,3);

/* Double Smoothed Stochastic - DSS */
Slw = 4;  Pds = 4;
A = EMA((Close-LLV(Low,Pds))/(HHV(H,pds)-LLV(L,Pds)),Slw)*100;
DSS = EMA((A-LLV(A,pds))/(HHV(A,Pds)-LLV(A,Pds)),Slw)*100;

/* Tom DeMark's Range Expansion Index  */
HighMom = H - Ref( H, -2 );
LowMom = L - Ref( L, -2 );
Cond1 = ( H >= Ref( L,-5) OR H >= Ref( L, -6 ) ); 
Cond2 = ( Ref( H, -2 ) >= Ref( C, -7 ) OR Ref( H, -2 ) >= Ref( C, -8 ) ); 
Cond3 = ( L <= Ref( H, -5 ) OR L <= Ref( H, -6) ); 	
Cond4 = ( Ref( L, -2 ) <= Ref( C, -7 ) OR Ref( L, -2 ) <= Ref( C, -8 ) );
Cond = ( Cond1 OR Cond2 ) AND ( Cond3 OR Cond4 );
Num = IIf( Cond, HighMom + LowMom, 0 );
Den = abs(  HighMom ) + abs( LowMom );
TDREI = 100 * Sum( Num, 5 )/Sum( Den, 5 ) ;

// General - purpose Inverse Fisher Transform function
function InvFisherTfm1( array1 )
{
  e2y1 = exp( 2 * array1 );
  return ( e2y1 - 1 )/( e2y1 + 1 );
}
function InvFisherTfm2( array2 )
{
  e2y2 = exp( 2 * array2 );
  return ( e2y2 - 1 )/( e2y2 + 1 );
}
function InvFisherTfm3( array3 )
{
  e2y3 = exp( 2 * array3 );
  return ( e2y3 - 1 )/( e2y3 + 1 );
}

function InvFisherTfm4( array4 )
{
  e2y4 = exp( 2 * array4 );
  return ( e2y4 - 1 )/( e2y4 + 1 );
}

Value1 = 0.1 * (DSS-55);
Value2 = WMA( Value1, 5 );

Value3 = 0.1 * ( RSI( 5 ) - 50 );
Value4 = WMA( Value3, 10 );

Value5 = 0.03 * (TDREI);
Value6 = WMA( Value5, 10 );

Value10 = VFI;
Value11 = EMA(VFI,10);

Plot( InvFisherTfm1( Value2 ), "DSS", colorDarkGreen, styleThick );
Plot( InvFisherTfm2( Value4 ), "RSI", colorBlue, styleThick );
Plot( InvFisherTfm3( Value6 ), "REI", colorRed, styleThick );
Plot( InvFisherTfm4( Value11 ), "VFI", colorWhite, styleDots );

Plot(0,"",colorDarkBlue,styleDots);
PlotGrid( 0.5 );
PlotGrid(-0.5 );
_SECTION_END();

3 comments

1. sjagadish4u

Excellent thanks

2. rvdesh

Hi, it is good. Have coded buy sell signals for this system ?

3. Jotta

Hi this is good indicator, thanks for share

Leave Comment

Please login here to leave a comment.

Back