ndroc for Amibroker (AFL)
ncd19 over 14 years ago Amibroker (AFL)
this is roc but with buy sell signal .even red and geen lines can be used to buy and sell or as a support and resistence crossing 0 line in upward move execute buy and vice versa. pls. give u r suggetions to improve it.
Indicator / Formula
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_SECTION_BEGIN(" ndROC");
a = ROC (C, 50);
b = ROC (C, 100);
C= ROC (C, 200);
A = a+ b + C;
Plot (A, " ndROC", colorBlack);
Plot (2.5, "", colorRed, styleLine, styleDashed);
Plot (2, "", colorRed, styleLine, styleDashed);
Plot (.78, "", colorGreen, styleDashed, styleDashed);
Plot (1, "", colorRed, styleNoLabel, styleDashed);
Plot (1.5, "", colorRed, styleNoLabel, styleDashed);
Plot (.618, "", colorGreen, styleDashed, styleDashed);
Plot (.38, "", colorGreen, styleDashed, styleDashed);
Plot (.23, "", colorGreen, styleDashed, styleDashed);
Plot (0, "", colorBlue, styleNoLabel, styleDashed);
Plot (-2.5, "", colorGreen, styleNoLabel, styleDashed);
Plot (-2, "", colorGreen, styleNoLabel, styleDashed);
Plot (-1.5, "", colorGreen, styleNoLabel, styleDashed);
Plot (-1, "", colorGreen, styleNoLabel, styleDashed);
Plot (-.23, "", colorRed, styleDashed, styleDashed);
Plot (-.38, "", colorRed, styleDashed, styleDashed);
Plot (-.618, "", colorRed, styleDashed, styleDashed);
Plot (-.78, "", colorRed, styleDashed, styleDashed);
Buy = A <-2.5 AND A<-1.5; Sell = A >1.5 AND A>2.5;
buyshape = Buy * shapeUpArrow; SellShape = Sell * shapeDownArrow;
PlotShapes(BuyShape, colorGreen, 0); PlotShapes(SellShape, colorRed, 0);
_SECTION_END();0 comments
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