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#1 Selling Amibroker Plugin featuring:
River V1 for Amibroker (AFL)
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
Similar Indicators / Formulas
Indicator / Formula
//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 //Params Period1 = Param("Periods", 21, 2, 200, 1 ); Period2 = Param("Periods", 14, 2, 200, 1 ); m=Param("stock",10,2,50,1); //Stochastic stoc=StochK(Period1,3); //RSI xrsi=RSIa(Close,Period1); //MFI xmf=MFI(period1); //Bollinger Ob1= (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 indicators comb=((xrsi+xmf+bollosc+(stoc/3))/2)-60; //Ema mComb=EMA(Comb,m); //Plot Plot(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,