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#1 Selling Amibroker Plugin featuring:
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Advanced Pattern Exploration
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Bull Bear Identifier for Amibroker (AFL)
Rating:
4 / 5 (Votes 3)
Tags:
amibroker, macd, stochastic
This indicator identifies whether a trend is bullish or bearish.
- A green solid arrow is a buy signal. A green hollow signals a bull market trend.
- A red solid arrow is a sell signal. A red hollow signals a bear market trend.
Enjoy.
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Arrow Detection");
periods = Param( "Periods", 14, 1, 200, 1 );
Ksmooth = Param( "%K avg", 3, 1, 200, 1 );
Dsmooth = Param( "%D avg", 3, 1, 200, 1 );
myStochD =StochD( periods , Ksmooth, DSmooth );
myStochK =StochK( periods , Ksmooth);
Overbought = 80 ;
Oversold =20 ;
Center = 50 ;
Buy = Cross( myStochK, Oversold ) ;
Sell = Cross( Overbought, myStochK );
Bull = Cross (myStochK, myStochD) ;
Bear = Cross (myStochD, myStochK) ;
PlotShapes(IIf( Sell, shapeDownArrow , shapeNone), colorRed,0, High, Offset=-20) ;
PlotShapes(IIf( Buy , shapeUpArrow , shapeNone), colorGreen,0, Low, Offset=-20) ;
PlotShapes(IIf( Bear, shapeDownArrow , shapeNone), colorRed,0, High, Offset=-20) ;
PlotShapes(IIf( Bull , shapeUpArrow , shapeNone), colorGreen,0, Low, Offset=-20) ;
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );
Buy= Cross(MACD(12,26),Signal(12,26,9));
Sell = Cross( Signal(12, 26, 9), MACD(12,26) );
PlotShapes(IIf(Buy, shapeHollowUpArrow,shapeNone) ,colorGreen,0, Low, Offset=-10) ;
PlotShapes(IIf(Sell, shapeHollowDownArrow,shapeNone),colorRed,0, High, Offset=-10) ;
_SECTION_END();4 comments
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error
Try drag-and-drop on the price chart.
good work great
Rubbish one