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OBV - with Buy and Sell Signals for Amibroker (AFL)

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

The OBV with a Smoothed OBV of MA 10 to indicate buy and sell signals.

Regards,

Prasad Rao.

Screenshots

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Indicator / Formula

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/// PROGRAMME MODIFIED BY PRASAD RAO FOR MASTER PLOTTER ///

_SECTION_BEGIN("BACK COLR");
_SECTION_BEGIN("PRASAD SYSTEMS");
Param("DEDICATED TO MY FATHER",5);
_SECTION_END();
GfxSetOverlayMode(1); 


SetChartBkColor( ParamColor("Chart Color", colorBlack));
SetChartOptions(0,chartShowArrows|chartShowDates);
GfxSetOverlayMode(1);
GfxSelectFont("Tahoma", Status("pxheight")/8 ); /* Up down name*/
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));
GfxSetBkMode(0); // transparent
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/5);

GfxSelectFont("Tahoma", Status("pxheight")/17 );
GfxTextOut( IndustryID(1), Status("pxwidth")/2, Status("pxheight")/2.6 );  /* Up Down SectBALKRISHNA MACD CHARTSor*/

GfxSelectFont("Tahoma", Status("pxheight")/30 );
GfxTextOut( "Feedback prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/2.1);

GfxSelectFont("Tahoma", Status("pxheight")/10 );
GfxTextOut( "BALKRISHNA OBV CHARTS", Status("pxwidth")/2, Status("pxheight")/15 );

k = (GetPerformanceCounter()/100)%256; 
printf("GetPerformance Counter %g",k);

GfxSelectFont("Arial Narrow", 10,700 ); 
GfxSetBkMode(1); 
GfxSetTextColor(colorYellow); 
//GfxTextOut("Dedicated to the loving memory of MY FATHER on his 75th Birth  Anniversay - LATE BALKRISHNA RAMCHANDRA RAO 13.10.1935",100+k ,15); 
GfxSelectFont("Century Goliath",10,500); 
GfxSetBkMode(1); 
GfxSetTextColor(colorAqua); 
GfxTextOut("Prasad Inspirations",60 ,28); 
RequestTimedRefresh(1); 
_SECTION_END();

MA_OBV_Period = Param("OBV_MA Period",10,10,21,1);

Plot(OBV(),"",colorYellow);
Plot(MA(OBV(),MA_OBV_Period),_DEFAULT_NAME(),colorAqua);

/***********OBV CROSS MA************/
OBV_BUY = Cross(OBV(),MA(OBV(),MA_OBV_Period));
OBV_SELL = Cross(MA(OBV(),MA_OBV_Period),OBV());

PlotShapes(IIf(OBV_BUY ,shapeUpArrow ,Null),colorOrange);
PlotShapes(IIf(OBV_SELL ,shapeDownArrow ,Null),colorSkyblue);
/****************************************************
                   CHART TITLES
****************************************************/



Title = EncodeColor(colorYellow)+  "Company :: " +Title = Name() + "    " + EncodeColor(colorLightOrange)  + "Date :: " + Date()  + "    "


/********************OBV*********************/

+EncodeColor(colorWhite)+"OBV = "+EncodeColor(colorYellow)+ "["+OBV()+"]" 
+EncodeColor(colorWhite)+"         MA "+EncodeColor(colorWhite)+ "["+ EncodeColor(colorAqua)+ MA_OBV_Period+EncodeColor(colorWhite)+"]" 

+EncodeColor(colorWhite)+"     OBV = "+
WriteIf(OBV_BUY,EncodeColor(colorBrightGreen)+"BUY(1)",WriteIf(OBV_SELL,EncodeColor(colorRed)+"SELL(1)",""))+
WriteIf(NOT OBV_BUY AND NOT OBV_SELL,"No Cross","");




1 comments

1. niklravi

DEAR PRASD SIR
THE ABOVE FORMULA IN COMBINATION WITH THE TOP GRAPH FORMULA SEEMS OKAY. AS TOO MANY BUYS AND SELLS AND AFTER ALL WHICH TIME FRAME TO USE?IS IT WORK ON NIFTY?
CAN U SEND THE TOP CHART AFL WITH NUMBER OF BUYS AND SELLS PROMPTED TO MY MAIL ravinikl@yahoo.com

with regards
ravi
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