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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
Copy & Paste Friendly
//******************************
_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();
//******************************4 comments
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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