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Chaloke.com Peak-Trough System for Amibroker (AFL)

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

yellow arrow= buy
Red arrow=sell

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Indicator / Formula

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///// Chaloke.com Peak-Trough System ///// 

Sens=Param("Sens",1,0.25,5,0.25); 
PK=Peak(Close,Sens,1); 
TGH=Trough(Close,Sens,1); 
Color=IIf(BarsSince(Cross(C,Ref(PK,-1)))<BarsSince(Cross(Ref(TGH,-1),C)),colorBrightGreen,colorRed); 

Plot(C,"Chaloke.com Peak-Trough System 1.0",Color,64); 
PlotShapes( Cross(C,Ref(PK,-1))*shapeUpArrow,colorYellow,0,L); 
PlotShapes( Cross(Ref(TGH,-1),C)*shapeDownArrow,colorRed,0,H); 
Plot(Zig(C,Sens),"",colorWhite,1);

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