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Sharefinder's SIROC for Amibroker (AFL)
rsupple
about 13 years ago
Amibroker (AFL)

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

Very good indicator with Buy/Sell added to enable scan.

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("SIROC");

// --- Sharefinder's SIROC --- //

prd1 = Param("First period",36,5,300,1);

prd2 = Param("Second period",8,1,100,1);

prdCrs = Param("Crossover",3,1,300,1);

prd2 = prd2*2-1;

Src= EMA((C-EMA(C,30)) /(Ref(EMA(C,30),-30)+0.000001),prd1);

SIROC =100-100/(1

+IIf(

EMA(IIf(Src-Ref(Src,-1)<0,-(Src-Ref(Src,-1)),0),prd2)==0,
1000000,

EMA(IIf (Src-Ref(Src,-1)>0,Src-Ref(Src,-1),0),prd2)

/(EMA(IIf(Src-Ref(Src,-1)< 0,-(Src-Ref(Src,-1)),0),prd2)+0.000001)));

DTrigger = EMA(SIROC,prdCrs);

Plot(siroc,"siroc",colorBlue,1);

Plot(dtrigger,"trigger",colorBrown,1);

Plot(90,"90",colorGrey40,1);

Plot(10,"10",colorGrey40,1);

GraphXSpace = 5;

Buy=Cross(siroc,dtrigger);
Sell=Cross(dtrigger,siroc);


//--- end --- //

_SECTION_END();

1 comments

1. jamsindia

Excellent Indicator

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