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PPO for KAMAS System for Amibroker (AFL)
Rating:
4 / 5 (Votes 3)
Tags:
KAMAS 1.0 System 2
Screenshots
Indicator / Formula
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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 | _SECTION_BEGIN ( "PPO" ); //Further understanding of PPO indicator visit www.Stockchart.com PPOShort = Param ( "PPO Short Period" , 8, 1, 150, 1); PPOLong = Param ( "PPO Long Period" , 17, 1, 150, 1); PPOsignal = Param ( "PPOsignal" , 9, 1, 150, 1); PPO = ( EMA ( C , PPOShort ) - EMA ( C , PPOLong ))/ EMA ( C , PPOLong ); PPOS = ( EMA (ppo, PPOsignal )); Val=ppo-PPOS ; Plot ( PPO , "ppo" , colorGreen , styleLine | styleThick ); Plot ( PPOS , "PPO Signal" , colorOrange , styleLine | styleThick ); dynamic_color = IIf ( Val> 0, colorGreen , colorRed ); Plot ( Val, "PPO Histogram" , dynamic_color, styleHistogram | styleThick ); Buy = Cross (PPO,PPOS); Sell = Cross (PPOS,PPO); shape = Buy * shapeHollowUpArrow + Sell * shapeHollowDownArrow; PlotShapes ( shape, IIf ( Buy , colorLime , colorRed ), 0, IIf ( Buy , Ref (PPO,-1)*0.9, Ref (PPO,-1)*1.05) ); _SECTION_END (); |
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