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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
The Finite Volume Element Oscillator for Amibroker (AFL)
The Finite Volume Element Oscillator helps you to evaluating for the trend…
If the trend is up and the oscillator goes upward with the price there is no problem for that moment…
If the trend is up but the oscillator insists on going downward then you have to be in a stand-by
position for a trend reversal…Enjoy it…And good luck for all…
Screenshots
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("The Finite Volume Element Oscillator"); SetChartBkColor(ParamColor("Outer panel color ",colorBlack)); // color of outer border SetChartBkGradientFill( ParamColor("Inner panel color upper half",colorDarkTeal), ParamColor("Inner panel color lower half",colorBlack)); //color of inner panel Period = Param("FVE period", 22, 10, 80, 1 ); MF = C - (H+L)/2 + Avg - Ref( Avg, -1 ); Vc = IIf( MF > 0.003 * C, V, IIf( MF < -0.003 * C, -V, 0 ) ); FVE = Sum( Vc, Period )/MA( V, Period )/Period * 100; _SECTION_END(); Bensu=EMA(EMA(FVE,21),5); ////Sude= (Bensu+(2*Ref(Bensu,-1))+(2*Ref(Bensu,-2))+Ref(Bensu,-3))/6; AA1=C/Ref(C,-8)*100; AA2=C/Ref(C,-13)*100; AA3=C/Ref(C,-21)*100; a1=EMA(AA1,1); a2=EMA(AA2,1); a3=EMA(AA3,1); b1=StDev(a1,8); b2=StDev(a2,13); b3=StDev(a3,21); RMOV=((a1*b1)+(a2*b2)+(a3*b3))/(b1+b2+b3); KK=EMA(EMA(RMOV,3),3); _SECTION_END(); //////////////////////////////////////////////////////////////////////////// _SECTION_BEGIN(""); GraphXSpace = 40; upcolor=ParamColor("UpCandleColor",colorBlack ); downcolor=ParamColor("DownCandleColor",colorBlack ); //FVE Change Volwma=EMA(Bensu,9); Volchange=(((Bensu-Volwma)/Volwma)*100); Vol=(ROC(Bensu,1)); // vol with std LBP = Param("Look Back", 15, 0, 150,1 ); Mean = MA(ln(Bensu),LBP); StD = StDev(ln(Bensu),LBP); xp3 = exp(mean + 2*std); //3 band xp2 = exp(mean + 1.5*std); //2 nd band xp1 = exp(mean + 1*std); // 1st band xm = exp(mean); // avg xn1 = exp(mean - 1*std); // -1 band xn2 = exp(mean - 1.5*std); //-2 band VolColor=IIf(KK>100,colorGold,colorRed); Plot(Volwma, "The Finite Volume Element Oscillator", VolColor,ParamStyle("AvgStyle",styleLine|styleThick|styleDots,maskAll),1|4096); Plot(xn1,"",colorBlue,1|4096); Plot(xn2,"", 1,1|4096); upbar = Bensu > Ref(Bensu,-1); downbar = Bensu< Ref(Bensu,-1); barcolor2=IIf(downbar,colorRed, IIf(upbar, 2,19) ); upbar = Bensu > Ref(Bensu,-1); downbar =Bensu< Ref(Bensu,-1); O = IIf(downbar, Bensu, 0); C = IIf(downbar, 0,Bensu); L=0; H = Bensu; ColorHighliter = IIf(upbar, upcolor,IIf(downbar, downcolor,colorDarkGreen)); SetBarFillColor( ColorHighliter ); pds = 10; V1 = Bensu/MA(Bensu,13); V2 = Bensu/MA(Bensu,21); V3 = Bensu/MA(Bensu,34); barcolor = IIf(Bensu<MA(Bensu,pds),colorRed,colorWhite); SetBarFillColor( barcolor ); PlotOHLC( O,H,L,C, "", barColor2, ParamStyle("CandleStyle",styleCandle,maskAll)); _SECTION_END(); _SECTION_BEGIN("Centered-StochRSI Line"); x=(( RSI(21) - LLV(RSI(21) ,21)) / ((HHV(RSI(21 ) ,21)) - LLV(RSI(21),21)))*100; Value1=0.1*((x)-50); Value2=WMA(Value1,7); KK4=(exp(Value2)-1)/(exp(Value2)+1); Plot(0,"",IIf(EMA(KK4,3)>0.50,colorBrightGreen,colorRed) ,4+styleNoLabel); _SECTION_END(); ///////////////////////////////////////////////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////////////////////
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