Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Price Action for Amibroker (AFL)
Works in almost all TF. Success ratio roughly 75%
A must to give try
Similar Indicators / Formulas
Indicator / Formula
//R2: - Pri color assignment modified //R1: - Only background setting changed nothing special _SECTION_BEGIN("Chart Settings"); SetChartOptions(0,chartShowArrows|chartShowDates); SetChartBkColor(ParamColor("Outer Panel",colorPaleBlue)); SetChartBkGradientFill(ParamColor("Upper Chart",1),ParamColor("Lower Chart",23)); GraphXSpace=Param("GraphXSpace",10,0,100,1); dec = (Param("Decimals",2,0,7,1)/10)+1; bi = BarIndex(); Lbi = LastValue(BarIndex()); sbi = SelectedValue(bi); x1= BarCount-1; Title = EncodeColor(55)+ Title = Name() + " " + EncodeColor(32) + Date() + " " + EncodeColor(5) + "{{INTERVAL}} " + EncodeColor(55)+ " Open = "+ EncodeColor(52)+ WriteVal(O,dec) + EncodeColor(55)+ " High = "+ EncodeColor(5) + WriteVal(H,dec) + EncodeColor(55)+ " Low = "+ EncodeColor(32)+ WriteVal(L,dec) + EncodeColor(55)+ " Close = "+ EncodeColor(52)+ WriteVal(C,dec)+ EncodeColor(55)+ " Volume = "+ EncodeColor(52)+ WriteVal(V,1); _SECTION_END(); //================= _SECTION_BEGIN("Priyanvada's Price Action"); P = ParamField( "Price field" ); CandleT=ParamToggle("Candlestick Display","No|Yes",defaultval=1 ); BarT=ParamToggle("Bar Display","No|Yes",defaultval=0 ); LineT=ParamToggle("Line Display","No|Yes",defaultval=0 ); //T3MA toggle T3MAT=ParamToggle("Moving Average","No|Yes",defaultval=1 ); //T3MA Check Periods T3MAP = Param("T3MA Periods", 21, 2, 300, 1, 10 ); function T3(price,periods) { s = 0.84; e1=EMA(price,periods); e2=EMA(e1,Periods); e3=EMA(e2,Periods); e4=EMA(e3,Periods); e5=EMA(e4,Periods); e6=EMA(e5,Periods); c1=-s*s*s; c2=3*s*s+3*s*s*s; c3=-6*s*s-3*s-3*s*s*s; c4=1+3*s+s*s*s+3*s*s; Ti3=c1*e6+c2*e5+c3*e4+c4*e3; return ti3; } T3MA = T3(P,T3MAP); for( i = 1; i < BarCount; i++ ) { //assignments NvadaOpen[i] = Close[i-1]; NvadaClose[i]=Close[i]; NvadaHigh[i]=IIf(NvadaOpen[i]>=NvadaClose[i],NvadaOpen[i],NvadaClose[i]); NvadaLow[i]=IIf(NvadaOpen[i]>=NvadaClose[i],NvadaClose[i],NvadaOpen[i]); averagechange[i]=(NvadaOpen[i]+NvadaClose[i])/2; //============================= //CHECKS //check1= uptrend and upbar as referred for last 2 bars Check1[i]=averagechange[i]>T3MA[i] AND NvadaClose[i]>=NvadaOpen[i-2]; //check2= uptrend and downbar as referred for last 2 bars Check2[i]=averagechange[i]>T3MA[i] AND NvadaClose[i]<NvadaOpen[i-2]; //check3= downtrend and downbar as referred for last 2 bars Check3[i]=averagechange[i]<T3MA[i] AND NvadaClose[i]<=NvadaOpen[i-2]; //check4= downtrend and upbar as referred for last 2 bars Check4[i]=averagechange[i]<T3MA[i] AND NvadaClose[i]>NvadaOpen[i-2]; //check5=check2 or check 4 => possible corrections! Check5[i]=Check2[i] OR Check4[i]; //Color assignment if(Check1[i]==1){pricolor[i] =colorGreen;} if(Check3[i]==1){pricolor[i] =colorRed;} if(Check5[i]==1){pricolor[i] =colorYellow;} //Pricolor = IIf(NvadaClose>Ref(NvadaOpen,-2),colorGreen,colorRed); } //price Display //if(CandleT==1){PlotOHLC( NvadaOpen, NvadaHigh, NvadaLow, NvadaClose, "", pricolor, styleCandle | styleThick );} if(CandleT==1){PlotOHLC( NvadaOpen, NvadaHigh, NvadaLow, NvadaClose, "", pricolor, styleCandle );} if(BarT==1){PlotOHLC( NvadaOpen, NvadaHigh, NvadaLow, NvadaClose, "", pricolor, styleBar | styleThick );} if(LineT==1){PlotOHLC( NvadaOpen, NvadaHigh, NvadaLow, NvadaClose, "", pricolor, styleLine | styleThick );} //T3MA Display if(T3MAT==1) { T3MAcolor = IIf(C>=T3MA,colorGreen,colorRed); Plot(T3MA,"T3MA",T3MAcolor,styleThick); } _SECTION_END();
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Goodone
Thanx, good code.
thnaks and very nice
Excellent indicator. How do you use it? Is it just the change of the trend identified by change of color and curve? or anything else to be considered here?
Can you help create a scanner for this? Thanks a ton.