Skip to main content

MACD Normalized System for Amibroker (AFL)

Tinych over 14 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 9)
  • Tags:
    oscillator, trading system, amibroker

The system is based on Normalized MACD indicator, it looks like MACD – %-normalized created for MetaStock by Jose Silva .

The indicator oscillates from 0 to 100. Buy signal occurs, when indicator crosses the level 5 and sale signal starts when it crosses level 95. The trigger red line is the same, as at usual MACD.
The parameters of the indicator can be change over a wide range. Sound alert starts when buy/sell signals occur.

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("MACD normalized");

sma = Param("short EMA periods",12,1,21);

lma = Param ("long EMA periods",21, 2, 2520);

tsp = Param ("MACD trigger signal periods",9,1,21);

np = Param ("normalizing periods (1=none)", 50,1, 2520);

x = Param ("use Open=1 High=2 Low=3 Close=4 Volume=5 P=6",4,1,6);

x = IIf (x==1,Open, IIf (x==2,High, IIf (x==3,Low, IIf (x==5, Volume, IIf (x==6,C,C)))));

sh = EMA(x, sma);

lon = EMA(x, lma);

ratio = Min(sh,lon)/Max(sh,lon);

Mac = (IIf (sh>lon,2-ratio,ratio)-1)*100;

MacNorm = (Mac-LLV(Mac, np)) /(HHV(Mac, np)-LLV(Mac, np)+.000001)*100;

MacNorm = IIf (np <2,Mac,MacNorm);

Trigger = EMA (MacNorm, tsp);

Hist = MacNorm-trigger;


Plot(MacNorm , " Signals ", colorGreen, styleLine, Null, Null, 0 );

Plot(Trigger, " Trigger ", colorRed, styleLine, Null, Null, 0 );

_SECTION_END();

Line1 = 5;
Plot( Line1, ",", colorTan); 
Line2 = 95;
Plot( Line2, ",", colorTan ); 

Buy = Cross(MacNorm, Line1);

Sell = Cross(Line2, MacNorm);



PlotShapes(IIf(Buy, shapeUpArrow , shapeNone), colorGreen);
PlotShapes(IIf(Sell, shapeDownArrow , shapeNone), colorRed);

AlertIf( Buy, "SOUND C:\\Windows\\Media\\Windows Vista Notify.wav", "Audio alert", 2 );
AlertIf( Sell, "SOUND C:\\Windows\\Media\\Windows Vista Notify.wav", "Audio alert", 2 );

4 comments

1. Tinych
over 14 years ago

The picture of the MACD Normalized System is: http://savepic.su/668328.htm

Report as Spam
2. rajaswamy
over 14 years ago

good indicatore i have searching for this long period thank you dude

Report as Spam
3. Kevin
over 14 years ago

Thank You Thank You Thank….I too have been looking for this type of code for a long long time!!! Great work!!!

Report as Spam

Leave Comment

Please login here to leave a comment.