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#1 Selling Amibroker Plugin featuring:
Orion Indicator for Amibroker (AFL)
Orion indicator with backround color changer, and user selectable sell parameters…….
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Indicator / Formula
//¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ //Orion Indicator //with Backround color switching //user selectable sell parameters //10/30/2011 by_Vargasc1 //¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ _SECTION_BEGIN("Background Color"); SetChartOptions( 1, chartShowDates ); BKswitch = ParamToggle("Background Color","On,Off"); OUTcolor = ParamColor("Outer Panel Color",colorDarkTeal); INUPcolor = ParamColor("Inner Panel Upper",colorDarkTeal); INDNcolor = ParamColor("Inner Panel Lower",colorWhite); TitleColor = ParamColor("Title Color ",colorBlack); if (NOT BKswitch) { SetChartBkColor(OUTcolor); // color of outer border SetChartBkGradientFill(INUPcolor,INDNcolor,TitleColor); // color of inner panel } _SECTION_END(); _SECTION_BEGIN("Orion"); n= Param("WMA", 0, 0, 100); Var1=HHV(High,9)-LLV(Low,9); Var2=HHV(High,9)-Close; Var3=Close-LLV(Low,9); Var4=Var2/Var1*100-70; Var5=(Close-LLV(Low,60))/(HHV(High,60)-LLV(Low,60))*100; Var6=(2*Close+High+Low)/4; Var7=WMA(Var3/Var1*100,3); Var8=LLV(Low,34); Var9=WMA(Var7,3)-WMA(Var4,9); VarA=IIf(Var9>100,Var9-100,0); VarB=HHV(High,34); AA= VarA*2; BB= EMA((Var6-Var8)/(VarB-Var8)*100,13); VarC=EMA(0.667*Ref(BB,-1)+0.333*BB,2); VAR1a=(HHV(High,9)-Close)/(HHV(High,9)-LLV(Low,9))*100-70; VAR2a=WMA(VAR1a,9)+100; VAR3a=(Close-LLV(Low,9))/(HHV(High,9)-LLV(Low,9))*100; VAR4a=WMA(VAR3a,3); VAR5a=WMA(VAR4a,3)+100; VAR6a=VAR5a-VAR2a; S = IIf(VAR6a>n,VAR6a-n,Var6a); barcolor=IIf(Ref(S,-1)<S, colorBrightGreen, colorRed); Oo=IIf(Ref(S,-1)<s,Ref(s,-1),s); Hh=Oo; Ll=IIf(Ref(S,-1)>s,Ref(s,-1),s); Hor=Ll; PlotOHLC( Oo,hh,ll,Hor, "" ,barcolor, styleCandle ); _SECTION_END(); _SECTION_BEGIN("Orion MA"); a0=MA(Close,3); a1=(H+L+C)/3; a2=HHV(a1,15); a3=LLV(a1,15); a4=a2-a3; Orion=MA((a1-a3)/a4,2)*148; a6=HHV(a1,4*15); a7=LLV(a1,4*15); a8=a6-a7; Aries=MA((a1-a7)/a8,2)*148; aA=HHV(a1,16*15); aB=LLV(a1,16*15); aC=aA-aB; Cru=MA((a1-aB)/aC,2)*148; bot=1; top=5; Plot(Orion,"", colorOrange ,1); Plot(Aries,"",colorGold,1); Plot(Cru,"",colorLavender,1); W= Param("Sell1_adj", 98, 70, 120);//adjust sell signal X= Param("Sell1_A_adj", 80, 70, 120);//adjust sell signal Y= Param("Sell2_adj", 120, 70, 140);//adjust sell signal Buy1 = Orion>Ref(Orion,-1) AND Orion<5 AND Aries>Ref(Aries,-1) AND Aries<5 AND Cru>Ref(Cru,-1) AND Cru<5 OR Cross (Orion,Cru) AND Cru < 12; Buy2=(Cross(Orion,bot) AND a0>Ref(a0,-1)) OR (Cross(Orion,Aries) AND Orion<Cru AND Aries<Cru ); Buy = Buy1 OR Buy2; Sell1 = Cross(Hor,Orion) AND Hor > W OR Cross(Aries,Orion) AND Aries>X; Sell2 = Cross(Orion,Hor) AND Hor > Y; Sell = Sell1 OR Sell2; PlotShapes( IIf( Buy, shapeUpArrow, shapeNone ), colorGold, layer = 0, yposition = -20 ); PlotShapes( IIf( Sell, shapeDownArrow, shapeNone ), colorWhite, layer = 0, yposition = 150 ); Title = EncodeColor( colorYellow ) + _DEFAULT_NAME() + EncodeColor( ColorRGB( 111, 208, 255 ) ) + " (" + FullName() + ") " + EncodeColor( colorGold ) + Interval( 2 ) + " " + Date() + " " + " Open " + O + " " + "High " + H + " " + "Low " + L + " " + EncodeColor( ColorRGB( 111, 208, 255 ) ) + "Close " + C + " ( " + WriteVal( ( C - Ref( C, -1 ) ) * 100 / Ref( C, -1 ), 1.1 ) + " %)" + EncodeColor( colorGold ) + " Volume= " + WriteVal( V, 1.0 ) + EncodeColor( ColorRGB( 111, 208, 255 ) ) + " Orion =" + EncodeColor( colorOrange ) + WriteVal( Orion ) + EncodeColor( ColorRGB( 111, 208, 255 ) ) + " Aries =" + EncodeColor( colorGold ) + WriteVal( Aries) + EncodeColor( ColorRGB( 111, 208, 255 ) ) + " Cru =" + EncodeColor( colorLavender ) + WriteVal( Cru) +"\n" + EncodeColor( ColorRGB( 111, 208, 255 ) ) + "Hor =" + EncodeColor( colorBrightGreen ) + WriteVal( Hor); GraphXSpace = 15 ; _SECTION_END();
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very nice and useful
Have you considered making user adjustable parameters for buy signals?
thank you very much > ( Orion )
Vargasc1 :)
My pleasure kuzukapama……may you always trade well.
Nice one at higher TF.
Can this be used for intraday , low TF
Hi!. Where I could to read how to use Orion indicator. Thanks in advance…
THANX
Thank verry much for bless this indicator, but why not show arrow signal . Thanks