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NPO for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, Normalized, Price, amibroker
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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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 | // Background colorSetChartBkColor(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