DISTANCE FROM BASE for Amibroker (AFL)

sahasra about 15 years ago Amibroker (AFL)

Rating:

5 / 5 (Votes 1)
Tags:

oscillator, amibroker

HELPS TO FIND HOW FAR PRICE HAS MOVED FROM THE BASE…

Screenshots

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Indicator / Formula

_SECTION_BEGIN("DISTANCE FROM BASE");
PERIOD1=5;
PERIOD2=20;
PERIOD3=50;
PERIOD4=100;
PERIOD5=200;
PERIOD6=280;
C=Close;
z5=( Close - MA( Close, period1 ));
z20=( Close - MA( Close, period2 ));
z50=( Close - MA( Close, period3 ));
z100=( Close - MA( Close, period4 ));
z200=( Close - MA( Close, period5 ));
z280=( Close - MA( Close, period6 ));
////////////////////////////////////////////////////////////
zST=StDev( Close, period2 );
z3=z20/zST;
//////////////////////////////////////////////////
Plot( Z5, "BASE5", ColorRGB(0,255,0),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );
Plot( Z20, "BASE20", ColorRGB(0,0,255),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );
//Plot( Z50, "BASE50", ColorRGB(255,100,0),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );
//Plot( Z100, "BASE100", ColorRGB(255,0,0),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );
Plot( Z200, "BASE200", ColorRGB(255,255,255),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );
//Plot( Z280, "BASE280", ColorRGB(240,0,0),ParamStyle("Style",styleHistogram |styleThick|styleNoLabel ,maskAll) );

_SECTION_END();

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