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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Roof and floor for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
amibroker
Finds tops and bottoms
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Floor Top"); hcl=(O+H+L+C)/4; Ho=AMA(Ref(hcl,-1),0.5); HH=Max(H,Max(hcl,Ho)); HL=Min(L,Min(hcl,Ho)); trader = (hcl-Ho); VarRedLine = WMA(trader,5); VarBlueLine = MA(trader,8); Per = Param("MA Periods",15,3,50,1); //Plot(trader,"trader",colorDarkRed); thick=Param("thickness",0.5,0.01,5,0.01); //P = ParamField("Price field",-1); HDCPeriods = per; //Width = Param("Width", 2, 0, 10, 0.05 ); //Color = ParamColor("Color", colorCycle ); //Style = ParamStyle("Style"); bbbot = BBandBot( trader, HDCPeriods, 2 ); bbtop = BBandTop( trader, HDCPeriods, 2 ); Plot( bbtop, "Roof" , colorWhite, styleThick ); Plot( bbbot, "Floor" , colorWhite, styleThick ); VarAMA = Param("varAMA",0.1,0,2,0.01); hcl2=(H+L+C)/3; Ho2=AMA(Ref(hcl2,-1),VarAMA); HH2=Max(H,Max(hcl2,Ho2)); HL2=Min(L,Min(hcl2,Ho2)); trader2 = hcl2-Ho2; //Plot(trader2,"trader2",colorGreen); PlotOHLC(trader2,trader2+thick,trader2-thick,trader2,"trader",colorBlue,styleCloud); PlotOHLC(trader,trader+thick,trader-thick,trader,"investor",colorRed,styleCloud); //PlotOHLC(bbbot, bbbot ,IIf(bbbot < trader2,bbbot,trader2),bbbot,"",colorRed,styleCloud); //PlotOHLC(bbtop, IIf(bbtop > trader2,bbtop,trader2),bbtop,bbtop,"",colorBrightGreen,styleCloud); Plot(0,"0",colorDarkGrey,styleLine); _SECTION_END();
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Must watch… Good one. I like it specially in daily time frame.