Skip to main content

Demand or supply bars for Amibroker (AFL)

tryingtotrade almost 14 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 2)
  • Tags:
    amibroker

Demand or Supply bars.

Author Savant Garde.

Link: http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading-78.html

Screenshots

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN( "SG's Demand and Supply Bars" );
TopWick = IIf( Close > Open, High - Close, High - Open );
BotWick = IIf( Close > Open, Open - Low, Close - Low );

SBCond1 = TopWick > Ref( TopWick, -1 ) AND TopWick > Ref( TopWick, 1 );
SBCond2 = High > Ref( High, -1 ) AND High > Ref( High, 1 );
SBCond3 = Ref( TopWick, -1 ) > 0.009 AND Ref( TopWick, 1 ) > 0.009;

DBCond1 = BotWick > Ref( BotWick, -1 ) AND BotWick > Ref( BotWick, 1 );
DBCond2 = Low < Ref( Low, -1 ) AND Low < Ref( Low, 1 );
DBCond3 = Ref( BotWick, -1 ) > 0.009 AND Ref( BotWick, 1 ) > 0.009;

SpplyBar = IIf( SBCond1 AND SBCond2 AND SBCond3, shapeSmallCircle, shapeNone );
DmndBar = IIf( DBCond1 AND DBCond2 AND DBCond3, shapeSmallCircle, shapeNone );

PlotShapes( SpplyBar, ParamColor( "SupplyBar Color", colorRed ), 0, H, 10 );
PlotShapes( DmndBar, ParamColor( "DemandBar Color", colorGreen ), 0 , L, -10 );
_SECTION_END();

6 comments

almost 14 years ago

Dear TTT,
am try to install the SUPPLYDEMAND afl, but screen showing blank..
am need ur help… to solve this. thx

almost 14 years ago

im glad to see that i am not the only one that get the green or red vertical line does any one know the cause too many sheets maybe?

Leave Comment

Please login here to leave a comment.