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#1 Selling Amibroker Plugin featuring:
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H-L Ribbon for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, ribbon
This ribbon is created based on price movement.
Upper ribbon is for high to high movement. Lower ribbon is for low to low movement.
Green-Green : Strong bullish
Red-Red : Strong bearish
Yellow : sideways
Screenshots
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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 22 23 | /*This ribbon is created based on price movement. Upper ribbon is for high to high movement. Lower ribbon is for low to low movement. Green-Green : Strong bullishRed-Red : Strong bearishYellow : sideways*/_SECTION_BEGIN("H-L Ribbon");uptrendH=Ref(H,0)>Ref(H,-1); downtrendH=Ref(H,0)<Ref(H,-1); Ribbon1=IIf( uptrendH, colorBrightGreen, IIf( downtrendH, colorRed, colorYellow));uptrendL=Ref(L,0)>Ref(L,-1); downtrendL=Ref(L,0)<Ref(L,-1); Ribbon2=IIf( uptrendL, colorBrightGreen, IIf( downtrendL, colorRed, colorYellow));Plot( 2, "", Ribbon2, styleOwnScale|styleArea|styleNoLabel, -0.5, 100);Plot( 4, "", Ribbon1, styleOwnScale| styleArea| styleNoLabel, -0.5, 100); _SECTION_END(); |
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what a waste. same information is being shown by candlecharts as well as ribbons below.