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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Smart Money Scanner for Amibroker (AFL)
Rating:
2 / 5 (Votes 3)
Tags:
amibroker
Here is a very simple smart money scanner.
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Indicator / Formula
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//****************************** _SECTION_BEGIN("EMA"); P = Volume; Periods = Param("PeriodsEMA", 9, 2, 300, 1, 10 ); Plot( EMA( P, Periods ), _DEFAULT_NAME(), colorRed, styleLine, styleThick); _SECTION_END(); Period = Param("Period", 10, 2, 300, 1, 10 );; LowColor = colorYellow; ClimaxColor = colorRed; ChurnColor = colorGreen; ClimaxChurnColor=colorBlue; LowChurnColor= colorLime; Value1 = V; Value2 = V*(H-L); Value3 = V/(H-L); BarColor = IIf( (Value1 == LLV(Value1,Period)), LowColor, IIf( (Value2 == HHV(Value2,Period)), ClimaxColor, IIf( (Value3 == HHV(Value3,Period)), ChurnColor, IIf( ((Value2 == HHV(Value2,Period) AND (Value3 == HHV(Value3,Period)))), ClimaxChurnColor, IIf( (Value3 == LLV(Value3,Period)), LowChurnColor, colorBlueGrey))))); _SECTION_BEGIN("Volume"); Plot( Volume, _DEFAULT_NAME(), BarColor, ParamStyle( "Style", styleHistogram+styleThick, maskHistogram ), 2 ); _SECTION_END(); //******************************
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Hi,
How to use this indicator?
Anil
it’s VSA (Volume Spread Analysis).
An old indicator taken from classy at http://dhaka-classy.blogspot.com/2010/11/better-volume-amibroker-formula.html
An old indicator taken from classy at http://dhaka-classy.blogspot.com/2010/11/better-volume-amibroker-formula.html//
hmm you are correct bro.may be i found it form net..forum/blog/..i cant recall..so all credit goes to original creator/coder..i respect all coder ..they spent hell lot of time n their effort is awesome…salute them