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#1 Selling Amibroker Plugin featuring:
NPO for Amibroker (AFL)
This is a Normalized Price Oscillator AFL for the thread “Experiments in Technical Analysis” at Traderji.com.
Credit to Karthikmarar for authoring.
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Indicator / Formula
// Background color SetChartBkColor(ParamColor("Background Color ",colorBlack)); // Normalized Price Oscillator AFL by Karthikmarar for the thread "Experiments in Technical Analysis" at Traderji.com _SECTION_BEGIN("NPO"); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); n=Param("period",60,5,100,1); np = (C - MA(C,n))/StDev(C,n); npo=(np+(2*Ref(np,-1))+(2*Ref(np,-2))+Ref(np,-3))/6; Plot(npo,"Normalized Price",colorWhite,1); PlotGrid(2,colorRed); PlotGrid(3,colorYellow); PlotGrid(-2,colorRed); PlotGrid(-3,colorYellow); graphx=10; PlotGrid(1,colorPink); PlotGrid(-1,colorPink); PlotOHLC( npo,npo,1,-1, "", IIf( npo> 1, colorLime ,colorRed), styleCloud | styleClipMinMax, -1, 1);
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nice man ….! really good work…
actully good find and thanks for sharing….
Thanks for this indicator