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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
PPO For KAMAS Sysem, 15 mts TimeFrame for Amibroker (AFL)
this is modified slightly to work in 5 mt chart with 15 mt time frame.
Time frame can be changed in the first line.
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("PPO"); //Further understanding of PPO indicator visit www.Stockchart.com tf = in15Minute; TimeFrameSet(tf ); periods = Param( "Periods", 8, 1, 200, 1 ); PPOShort = Param("PPO Short Period", 8, 1, 150, 1); PPOLong = Param("PPO Long Period", 17, 1, 150, 1); PPOsignal = Param("PPOsignal", 9, 1, 150, 1); PPO = (EMA(C, PPOShort ) - EMA(C, PPOLong ))/ EMA(C, PPOLong ); PPOS = (EMA(ppo, PPOsignal )); PPOShort = TimeFrameExpand(PPO, tf); PPOLong =TimeFrameExpand(PPO, tf ); Val=ppo-PPOS ; Plot( TimeFrameExpand(PPO, tf ) , "ppo", colorGreen, styleLine| styleThick ); Plot ( TimeFrameExpand(PPOS, tf ) ,"PPO Signal", colorOrange, styleLine| styleThick ); dynamic_color = IIf( Val> 0, colorGreen, colorRed ); Plot( TimeFrameExpand( Val,tf), "PPO Histogram", dynamic_color, styleHistogram | styleThick ); Buy=Cross(PPO,PPOS); Sell=Cross(PPOS,PPO); shape = Buy * shapeHollowUpArrow + Sell * shapeHollowDownArrow; PlotShapes( shape, IIf( Buy, colorLime, colorRed ), 0,IIf( Buy, Ref(PPO,-1)*0.9, Ref(PPO,-1)*1.05) ); _SECTION_END();
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