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#1 Selling Amibroker Plugin featuring:
Nikhil for Amibroker (AFL)
%B of Bollinger Bands With Adaptive Zones
Gives Percentage of where the close is in relation to the bands.
High reading ( Upper band ) , Low reading (Lower band )
Screenshots
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 | /* %B of Bollinger Bands With Adaptive Zones */ /* Gives Percentage of where the close is in relation to the bands.*/ /* High reading ( Upper band ) , Low reading (Lower band ) /* AFL code by Anthony Faragasso*/ //Inputs Lookback=60; Baseline=50; /*Do not Change*/ PerCent=95; Pds =14; b=( ( C +2 * StDev ( C ,20 ) - MA ( C ,20 ) ) / ( 4 * StDev ( C ,20 ) ) ) * 100; /*Input */ Osc=b; /*Value of Osc*/ Value1 = Osc; /*Highest AND Lowest Values of Osc during Lookback Period*/ Value2 = HHV (Value1,Lookback); Value3 = LLV (Value1,Lookback); /*Range of Osc during Lookback Period*/ Value4 = Value2 - Value3; /*Define PerCent of Range to determine OB AND OS levels*/ Value5 = Value4 * (PerCent / 100); /*Calculate OB AND OS levels*/ Value6 = Value3 + Value5; Value7 = Value2 - Value5; baseline= IIf ( Osc < 100 ,50 , IIf ( Osc < 0 ,0,0)); Plot (Baseline, " Baseline" ,7,1+4); /* yellow*/ Plot (Value1, "( Adaptive Zones OSC )" ,6,1+4); /*BLUE*/ Plot (Value6, "O/B" ,4,1+4); /*RED -TOP(SELL)*/ Plot (Value7, "O/S" ,5,1+4); /*GREEN-BOT(BUY)*/ Plot (b, "( % B )" ,4,1); _SECTION_END (); |
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