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River V1 for Amibroker (AFL)
Rating:
3 / 5 (Votes 9)
Tags:
oscillator, amibroker
RiverV1
This indicator is a cocktail that combines: Stochastic, RSI, MFI, Bollinger Bands
The indicator draws two lines:
- Black: Cocktail of indicators
- Red: exponential moving average
Buy when the black line cross over the red line
Sell when the black line cross down the red line
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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 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 | //RiverV1//This indicator is a cocktail that combines//- Stochastic.//- RSI.//- MFI//- Bollinger Bands//// The indicator draws two lines:// - Black: Cocktail of indicators// - Red: exponential moving average// buy when the black line cross over the red line// sell when the black line cross down the red line//ParamsPeriod1 = Param("Periods", 21, 2, 200, 1 );Period2 = Param("Periods", 14, 2, 200, 1 );m=Param("stock",10,2,50,1);//Stochasticstoc=StochK(Period1,3);//RSIxrsi=RSIa(Close,Period1);//MFIxmf=MFI(period1);//BollingerOb1= (BBandTop(Close,Period1,2)+BBandBot(Close,Period1,2))/2;Ob2=BBandTop(Close,Period1,2)+BBandBot(Close,Period1,2);bollosc=((Close-Ob1)/Ob2)*100;//Combination of indicatorscomb=((xrsi+xmf+bollosc+(stoc/3))/2)-60;//EmamComb=EMA(Comb,m);//PlotPlot(0,"",colorBlack);Plot(comb,"vigia",colorBlack);Plot(mComb,"vmr",colorRed); |
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nice one
Good one
Simple and Great.
Interesting work done.
Can you add Buy/Sell/Short/Cover signal so that it can be implemented ?
Thanks,