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Squeeze Exploration for Amibroker (AFL)

sreenath77 about 15 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 1)
  • Tags:
    amibroker, exploration, bands

Hi,

I modified the code for Squeeze and made it appear as Ribbon and also made exploration possible. Can be used to find the stocks having squeeze in real time.

Regards,
Sreenath

Indicator / Formula

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_SECTION_BEGIN("Squeeze");

BBLength= 10;
StdDv= 2;
K1= 5;
K2= 10;
Mul= 1.25;
Mi=EMA(C, K1);
Kel= ATR(K2)*Mul;
UB= Mi + Kel;
LB= Mi - Kel;
UpB=BBandTop(H,BBLength,StdDv);
Mdb=MA(C, BBLength);
DnB=BBandBot(L,BBLength,StdDv);

//Plot (Mi,"",3,1);
//Plot (UB,"",3,1);
//Plot (LB,"",3,1);
//Plot(UpB,"",12,1);
//Plot(MdB,"",12,1);
//Plot(DnB,"",12,1);



Plot( 2, "",IIf(UpB < UB AND DnB > LB ,colorBlue,colorRed),styleOwnScale|styleArea|styleNoLabel, -2.5, 100 );


Squeeze = UpB < UB AND DnB > LB ;

Filter = Squeeze ;

AddColumn(Close,"close");
_SECTION_END();

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