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Simple Chaikin Buy Sell for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, trading system, amibroker
Simple Chaikin Buy Sell as introduced in p.422 in “TECHNICAL ANALYSIS THE COMPLETE RESOURCE FOR FINANCIAL MARKET TECHNICIANS”
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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 | _SECTION_BEGIN("Simple Chaikin Buy Sell");r1 = Param( "Fast avg", 6, 2, 200, 1 );r2 = Param( "Slow avg", 20, 2, 200, 1 );Cha = Chaikin(r1,r2);topCDev = StDev(Chaikin(r1,r2),r1);botCDev = -StDev(Chaikin(r1,r2),r1);Plot( Cha, "Chaikin", ParamColor( "Color", colorCycle ), ParamStyle("Style") );Plot( topCDev, "topDev", ParamColor( "Color", colorCycle ), ParamStyle("Style") );Plot( botCDev, "bottomDev", ParamColor( "Color", colorCycle ), ParamStyle("Style") );Buy=Cross(Cha, botCDev);Sell=Cross(topCDev, Cha);Buy = ExRem( Buy, Sell );Sell = ExRem( Sell, Buy ); shape=Buy*shapeUpArrow + Sell*shapeDownArrow;PlotShapes(shape,IIf(Buy,colorBlue,colorRed),0,IIf(Buy,Low,High));Plot( 0, _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );_SECTION_END(); |
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