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BB Band for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, bands
Not sure if some one had added this “indicator” here before me …. Any way
this is an afl that I picked up years ago and found it very very helpful specially with some tweaking according to your market.
Rakan
here it goes …..
p.s
tried to include snapshot … :(
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 | _SECTION_BEGIN("BB Band");p= Param("p",7,2,50,1);p= Optimize("p",p,2,50,1);x=((C+2*StDev(C,p)-MA(C,p))/(4*StDev(C,p)))*100;Plot(x,"Osc",colorYellow,5);b=50;k=60;n=0.95;r=HHV(x,k);e=LLV(x,k);Plot(e+(r-e*n),"O/B",colorBlue,5);Plot(r-(r-e*n),"O/S",colorRed,5);Plot(IIf(x>e+(r-e*n),100,IIf(x<r-(r-e*n),0,50)),"BL",colorGreen,5);_SECTION_END(); SetChartBkColor(ParamColor("Panel color ",colorBlack)); _SECTION_BEGIN("Background_Setting"); SetChartBkGradientFill( ParamColor("BgTop", colorBlack), ParamColor("BgBottom", colorBlack),ParamColor("titleblock",colorTeal )); _SECTION_END(); |
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