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Heikin Ashi pattern scan for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, scan
Scan for HA turn around. I like to find stocks that have had several down days (10 or more) and are followed by a few up day (2 or more).
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Indicator / Formula
Copy & Paste Friendly
//-- heikin ashi // set following params as desired min_price=5; up_days=2; Down_days=10; // HaClose = (O+H+L+C)/4; HaOpen = AMA( Ref( HaClose, -1 ), 0.3 ); HaHigh = Max( H, Max( HaClose, HaOpen ) ); HaLow = Min( L, Min( HaClose, HaOpen ) ); barcolor = IIf(HaClose >= HaOpen,colorGreen,colorRed); PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "", barcolor, styleCandle ); Buy = IIf(IIf(barcolor == colorGreen AND C>=min_price AND BarsSince(barcolor==colorRed)<=up_days AND HaLow==HaOpen AND BarsSince(Ref(barcolor, -BarsSince(barcolor==colorRed)-1)==colorGreen)>=down_days,1,0),1,0);
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