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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
EOM indicator for Amibroker (AFL)
The Ease of Movement indicator is intended to show how volatile the price is (i.e. the ease at which prices are moving). Here the value of the EOM characterizes both the price movement and the volume.
Screenshots
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("EOM"); SetChartBkGradientFill( ParamColor("BgTop", colorLightGrey),ParamColor("BgBottom", colorLightYellow)); //x - zmienia mianownik, gdy wolumen w krótkim okresie zmienia się zbyt bardzo, np. przed wygasaniem starej serii kontraktów terminowych x = Param("iloraz VOL", 100, 1000, 50000 ); EOM = ((H + L) / 2 - Ref((H + L) / 2,-1))/((Volume/x) / (H-L)); Plot (EOM,"EOM",ParamColor ("Color", colorRed)); Buy = Cross (EOM, 0); Sell = Cross (0, EOM); Short= Cross (0, EOM); Cover= Cross (EOM, 0); PlotShapes(shapeUpArrow * Buy + shapeDownArrow * Sell, IIf (Buy, colorGreen,colorRed)); Plot(0,"ZERO LINE",colorBlack,styleThick); Plot(600,"600 LINE",colorBlue,styleThick); Plot(-600,"-600 LINE",colorBlue,styleThick); Plot(-600,"-600 LINE",colorBlue,styleThick); _SECTION_END();
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