Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Waves in Price for Amibroker (AFL)

Rating:
4 / 5 (Votes 3)
Tags:
oscillator, amibroker

I thought we’d best name this Indicator in respect to Mr Charles Dow,
who first identified the three trends. Kind regds everyone and good trading.

Screenshots

Similar Indicators / Formulas

Febo RSI ..real indicator
Submitted by abhinavsingh almost 13 years ago
Trading Volume Statistic
Submitted by tuanstock1 over 10 years ago
Ergodic Oscillator
Submitted by dljtrader almost 14 years ago
3 Days Track
Submitted by janet0211 over 14 years ago
Chande Momentum Oscillator
Submitted by klimpek almost 14 years ago
BoH Risk Aversion Indicator
Submitted by genkumag almost 13 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN( " WAVES" );
//  WAVES

CA = ( CCI( 10 ) + CCI( 12 ) + CCI( 14 ) + CCI( 16 ) + CCI( 18 ) ) / 5;
CB = ( CCI( 25 ) + CCI( 35 ) + CCI( 45 ) + CCI( 55 ) + CCI( 65 ) ) / 5;
CC = CCI( 6 ) ;
CD = CCI( 200 );
Plot( CD, "DOW WAVES   Long-Term", 6, 4 ) ;
Plot( CB, " Medium-term", 4 ) ;
Plot( CB, "", 4, 2 + 4096 ) ;
Plot( CA, " Short-term", 1, 4 );
Plot( CC, "  Advance Warning", 7 );
// Plot range lines
Plot( 0, "", 4 );
Plot( 100, "", 39, 4096 );
Plot( -100, "", 39, 4096 );
Plot( 200, "", 39, 4096 );
Plot( -200, "", 39, 4096 ) ;
// Plot entry setuparrows
CondA = CB > 0 AND ( CA < 0 OR Ref( CA, -1 ) < 0 ) AND CA > Ref( CA, -1 ) AND Ref( CA, -1 ) < Ref( CA, -2 ) ;
PlotShapes( shapeSmallUpTriangle*CondA
            , 27, L, -150 ) ;
CondB = CB < -0 AND ( CA > 0 OR Ref( CA, -1 ) > 0 ) AND CA < Ref( CA, -1 ) AND Ref( CA, -1 ) > Ref( CA, -2 ) ;
PlotShapes( shapeSmallDownTriangle*CondB, 4, H, 150 );
_SECTION_END();

2 comments

1. gaurav918

hii has!!! very good indicator hats off you crystal clear & also regards “dow” father of modern technical studies.everybody should use this indicator…good keep it up.& continue support us.

2. raj_guna2011

mr gaurav918 , please explain this indicator how to use for intradya. i could not unterstand

Leave Comment

Please login here to leave a comment.

Back