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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Forecast Oscillator for Amibroker (AFL)
Forecast Oscillator based on close. This indicator uses a 14 period as default.
Similar Indicators / Formulas
Indicator / Formula
/* Forecast Oscillator */ // code - Milman // /* Forecast oscillator - Default time period is 14 */ for( i = 1; i < 15; i++ ) { VarSet( "C"+i, Ref( C, -i ) ); } fo= C- (( C14+ 6.5 * (6.5 * C + 5.5 * C1 + 4.5 * C2 + 3.5 * C3 + 2.5 * C4 + 1.5 * C5 + 0.5 * C6 - 0.5 * C7 - 1.5 * C8 - 2.5 * C9 - 3.5 * C10 - 4.5 * C11 - 5.5 * C12 - 6.5 * C13) / 227.5)); trig= EMA(fo,3); Plot(fo," Forecast Oscillator",1,2); Color=IIf(fo>0,18,5); Plot(fo, "" ,Color,4); Plot (trig,"",6,styleDashed); Plot(0,"",3);
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i like it. simple but applicable!
thanks