Download Trending Ribbon Arrows ADX For Amibroker (AFL)

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

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators

Advanced Pattern Exploration

Neural Networks

And Much More ....

Find Out More Here

4 / 5 (Votes 2)

Indicator

Copy & Paste Friendly

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

// Paste the code below to your price chart somewhere and green ribbon means both
// both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX
// are both trending down.
 
_SECTION_BEGIN("trending ribbon");
uptrend=PDI()>MDI() AND MACD()>Signal() AND (ADX()>20);
downtrend=MDI()>PDI() AND Signal()>MACD();
_SECTION_END();
 
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
Buy=Cross(StochK(),StochD()) AND uptrend OR Cross(PDI(),MDI()) AND uptrend OR Cross(ADX(),MDI()) AND (PDI()>MDI()) OR Cross(MACD(),Signal()) AND (ADX()>20) AND (StochK()>StochD());
Sell=Cross(Signal(),MACD());
 
PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorGreen,0,Low,Offset=-15);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0,High,Offset=-15);
 
Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon",
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

Stock Portfolio Organizer

WiseTrader Toolbox

Trending Ribbon Arrows ADX for Amibroker (AFL)
kaiji
about 15 years ago
Amibroker (AFL)

Indicator / Formula

0 comments

Leave Comment