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Moving Trend Band for Amibroker (AFL)
Rating:
4 / 5 (Votes 1)
Tags:
amibroker, bands
Similar to Bollinger Band, maybe Better. Minor modification with color code. Originally By Uenal Mutlu.
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 | /* Moving Trend Bands (MTB) [experimental] Written 030408We by uenal.mutlu@t-online.de Similar to Bollinger Bands, maybe better?*/// mid = LinearReg(C, Prefs(4)); mid = TSF(C, Prefs(4)); sd = StDev(mid, Prefs(4)); top = mid + 1 * sd; // check 1 bot = mid - 1 * sd; Plot(C, "Moving Trend Bands (MTB) C", colorBlack, 1 + 8); Plot(mid, "mid", colorRed, 1); Plot(top, "top", colorBlue, 1); Plot(bot, "bot", colorBlue, 1); |
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