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Bollinger-Rsi Trending wave for Amibroker (AFL)

anandnst almost 14 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 9)
  • Tags:
    oscillator, amibroker

This is mixture of Bollinger – Rsi trending wave.

How to trade ::-

Buy when it gives Green Cross over at bottom – GO LONG

Sell when it gives Red Cross over at top – Go Short

Very simple !

Screenshots

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("_trending wave");
SetChartOptions(0, chartShowArrows|chartShowDates, chartGrid20 |chartGrid50 |chartGrid80);
_N(Title =EncodeColor(colorGreen)+ StrFormat("{{NAME}} {{DATE}} " + EncodeColor(colorBlack)+" < Open %g > "+ EncodeColor(colorBlue)+ " < High %g > "+ EncodeColor(colorRed)+" < Low %g > "+ EncodeColor(colorBlack) + " < Close %g > " + EncodeColor(colorBrown ) + "< Change" +" %.2f%% > " + "< Range " +(H-L) +" >" +" < Volume " +WriteVal( V, 1.0 ) +" >"+" {{VALUES}} ", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
SetChartBkColor(ParamColor("Outer Panel Color ",colorWhite)); // color of outer border 
SetChartBkGradientFill( ParamColor("Inner Panel Color Upper Half",colorWhite),
ParamColor("Inner Panel Color Lower Half",colorWhite)//color of inner panel
,ParamColor("Behind Text Color", colorLavender));
GraphXSpace=7;

Hc=(O+H+L+C)/4;

Ho = AMA( Ref( Hc, -1 ), 0.5 );

pds = Optimize("pds ",Param("pds ",4,1,25,1),1,25,1);
myArray = (RSIa((HC), pds )+ RSIa( Ho,pds ) + Ref(RSIa(Ho,pds),-1) + Ref(RSIa(Ho,pds),-2) + Ref(RSIa(Ho,pds),-3))/5 ; 

myArrayS = (AMA( myArray , 0.5 )); //smooth

BS = ParamToggle("smooth","No|Yes",1);
BN = ParamToggle("normal","No|Yes",1);

if (BS) Plot( myArrayS , " smooth ", IIf( myArrayS >=Ref(myArrayS ,-1), colorGreen, colorRed ));
if (BS) Plot ( 1, "", IIf( myArrayS >=Ref(myArrayS ,-1), colorGreen, IIf( myArrayS < Ref(myArrayS ,-1), colorRed, colorLavender )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

if (BN) Plot( myArray , " RSI ", IIf( myArray >=Ref(myArray ,-1), colorGreen, colorRed ));
if (BN) Plot ( 2, "", IIf( myArray >=Ref(myArray ,-1), colorGreen, IIf( myArray < Ref(myArray ,-1), colorRed, colorLavender )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );

HistInd=myArray - myArrayS ;

if (BS AND BN) Plot(HistInd, _DEFAULT_NAME(),
IIf(HistInd>=0, ParamColor("Up Color", colorDarkGreen), ParamColor("Down Color", colorRed)),
ParamStyle( "Style", styleHistogram | styleThick, maskHistogram ));
if (BS AND BN) Plot(0,"",colorBlack, styleLine|styleDashed | styleThick);

Plot(80,"RESISTENCE",colorRed, styleLine|styleDashed | styleThick);
Plot(50,"",colorBlack, styleLine|styleDashed | styleThick);
Plot(20,"SUPPORT",colorBlue, styleLine|styleDashed | styleThick); 
_SECTION_END();

_SECTION_BEGIN("Bollinger Bands");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 100, 1 );
Width = Param("Width", 2, 0, 10, 0.05 );
Color = ParamColor("Color", colorLightGrey );
Style = ParamStyle("Style", styleLine | styleNoLabel ) | styleNoLabel;
Plot( bbt = BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); 
Plot( bbb = BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); 
PlotOHLC( bbt, bbt, bbb, bbb, "", ColorBlend( Color, colorWhite, 0.9 ), styleNoLabel | styleCloud | styleNoRescale, Null, Null, Null, -1 );
_SECTION_END();

12 comments

almost 14 years ago

Only bottom indicator is posted here. Do you have top window formula?

almost 14 years ago

Gr8 System in this website – — BOLLINGER TRADING SYSTEM (MUST WATCH)

One more good trading system for Stoploss – SUPER TREND INDICATOR (MUST WATCH).

almost 14 years ago

Unable to run the AFL

Error#1
PlotOHLC( bbt, bbt, bbb, bbb, "",ColorBlend(

Error31,
Syntax error, expecting ‘)’ or ‘,’

almost 14 years ago

Neeraj, it works for me.

Anandnst, thanks for this. As mentioned, only bottom indicator here, d you have the top pane code?

almost 14 years ago

MR. NEERAJ , CHECK UR AMIBROKER VERSION. AFL WORKING FINE IN VERSION 5.50

9. Ravi
almost 14 years ago

Lovely AFL.
May I, request you to add Buy and Sell Arrows, so that we can scan all the stock for possible trade action to be taken.
Once again thx for this wonderful AFL
Brgds
Ravi

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