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Demark (TD) Moving Average 1 for Amibroker (AFL)
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5 / 5 (Votes 1)
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TD Moving Average I
By milostea
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Indicator / Formula
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_SECTION_BEGIN("TD MA I"); /****************************************************************** * TD Moving Average I: * Enter long: if "matrend" > 0 * Enter short: if "matrend" < 0 * * Notes: Moving average turns green whenever an uptrend trend starts. * It turns red whenever a down trend starts. * * Improvements: Stops are not set up to indicate that an exit was hit. * *******************************************************************/ TDBullishColor = ParamColor("Bullish Color:", colorGreen); TDBearishColor = ParamColor("Bearish Color:", colorRed); TDPlotStyle = ParamStyle("Plot Style", styleLine); barlows12 = REF(HHV(L, 12), - 1); barhighs12 = REF(LLV(H, 12), - 1); mabearish5 = MA(h, 5); mabullish5 = MA(l, 5); mabullish = L > barlows12; mabearish = H < barhighs12; maplotvalue[0] = 0; matrend[0] = 0; //no trend nDaysCountDown = 0; bTrend = 0; fLastValue = 0; for (x = 0; x < BarCount; x++) { if (mabullish[x] == 1) { fLastValue = maplotvalue[x] = mabullish5[x]; nDaysCountDown = 3; bTrend = 1; matrend[x] = 1; } else if (mabearish[x] == 1) { fLastValue = maplotvalue[x] = mabearish5[x]; nDaysCountDown = 3; bTrend = 0-1; matrend[x] = 0-1; } else { nDaysCountDown = nDaysCountDown - 1; if (nDaysCountDown > 0-1) { matrend[x] = bTrend; //trend extends to the 3 extra bars if (bTrend == 1) { fLastValue = maplotvalue[x] = mabullish5[x]; } else if (bTrend < 0) { fLastValue = maplotvalue[x] = mabearish5[x]; } } else { maplotvalue[x] = fLastValue; matrend[x] = 0; //no trend } } } PLOT(maplotvalue, "TDMA I", IIF(mabullish > 0, TDBullishColor, IIF(mabearish > 0, TDBearishColor, colorYellow)), TDPlotStyle | styleNoRescale, null, null, 0); _SECTION_END();
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