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ADX with multiple Timeframe for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker, timeframe
This indicator is seem like an original ADX indicator but more powerful with multiple time frame supports. So you can use this indicator with your specific time frame. Example ADX daily in 5 minute intraday chart.
Screenshots
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("ADX with multiple Timeframe");
range = Param("Periods", 14, 2, 200, 1 );
p = ParamList("Timeframe", "5 Minute|15 Minute|Hourly|Daily|Weekly|Monthly", 3);
switch (p) {
case "5 Minute": tf = in5Minute; break;
case "15 Minute": tf = in15Minute; break;
case "Hourly": tf = inHourly; break;
case "Daily": tf = inDaily; break;
case "Weekly": tf = inWeekly; break;
case "Monthly": tf = inMonthly; break;
default: tf = inDaily; break;
}
TimeFrameSet(tf);
adxVal = ADX(range);
pdiVal = PDI(range);
mdiVal = MDI(range);
TimeFrameRestore();
Plot(TimeFrameExpand(adxVal, tf), "ADX in " + p, ParamColor( "ADX color", colorBlue ), ParamStyle("ADX style", styleThick ) );
Plot(TimeFrameExpand(pdiVal, tf), "+DI", ParamColor( "+DI color", colorGreen ), ParamStyle("+DI style") );
Plot(TimeFrameExpand(mdiVal, tf), "-DI", ParamColor( "-DI color", colorRed ), ParamStyle("-DI style") );
Plot(Param("Signal Line", 24, 20, 30, 1), "", ParamColor("Signal Line color", colorBlack), ParamStyle("Signal Line style", styleLine|styleThick|styleNoLabel));
_SECTION_END();0 comments
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