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wise trend indicator for Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
oscillator, trading system, amibroker

wise trend indicator with buy sell arrow and audio alert and screener…
and ob,os line option…

Screenshots

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Indicator / Formula

Copy & Paste Friendly
Slw = 24;  Pds = 12;
Slw  = Param( "Slw", 24 );
Pds= Param( " Pds", 12 );
R = ((HHV(H,60) - C) /(HHV (H,60) -LLV (L,60))) *-100;
Period = 10;
EMA1 = EMA(R,Period);
EMA2 = EMA(EMA1,5);
se = EMA1 - EMA2;
ni = EMA1 + se;
PR = 0-abs(ni);
ra = MA(PR,5);

na = PR>=ra AND PR>=Ref(PR,-1) ;
tu = (PR < ra) OR PR>= ra AND PR< Ref(PR,-1) ;

barcolor = IIf( tu,colorRed, IIf( na, colorBrightGreen, 7));

Graph0BarColor = ValueWhen( barcolor != 0, barcolor );

A = EMA((Close-LLV(Low,Pds))/(HHV(H,pds)-LLV(L,Pds)),Slw)*100;


DSS = EMA((A-LLV(A,pds))/(HHV(A,Pds)-LLV(A,Pds)),Slw)*100;

MaxGraph = 10;
Graph0 = DSS; Graph0Color = 6;    Graph2 = DSS; 
Overbought = 80;  Oversold =  20; 

Graph2BarColor = IIf (Graph2 > overbought, 4, 
                                   IIf (Graph2 < oversold,5,6));
pds=10;
MAs = MA ( C,2);
MAf = MA ( C,2);
pds=MAf;
pds=MAs;
Sell =  Cross( MAs, MAf );
Buy = Cross( MAf,MAs );
Short=Sell;
Cover=Buy;


Sell= Cross (DSS, A);
Buy = Cross (A,DSS);
Cover=Buy;
Short=Sell;
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);

_SECTION_BEGIN("Title");
 
DODay = TimeFrameGetPrice("O", inDaily);
DHiDay = TimeFrameGetPrice("H", inDaily);
DLoDay = TimeFrameGetPrice("L", inDaily);
Title = EncodeColor(colorWhite)+"  "+EncodeColor(colorWhite)+ Name() + ", " + Interval(2) + ", " + Date() +
EncodeColor(colorWhite)   +  "\nO " + EncodeColor(colorWhite) + O +
 
 ",   H :  "   + H +
 ",   L  :  " + L +
 ",   C  :  "  + C +
EncodeColor(colorWhite)+ "\n Day-Open : " +DODay + "  Day-High : " +DHiDay + "  Day-Low : " + DLoDay +
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+"  ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+"  ","")+"\n"+EncodeColor(colorYellow)+
WriteIf(Buy, "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Sell  , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","");  





ob = 80; /*Overbought */
/*ob = Optimize("ob",83,65,88,1); */
os = 20; /*Oversold */
/*os = Optimize("os",24,20,50,1); */

Plot(Ob,"Overbought Level",colorRed, styleLine);
Plot(Os,"Oversold Level",colorGreen, styleLine);
Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorLavender ), styleNoTitle | ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick | styleNoLabel, maskHistogram  ), 2 );
 
_SECTION_BEGIN("L.T.P.");
cx = Param( "cxposn", 0, 0, 1250, 1 );
cy = Param( "cyposn", 42, 0, 500, 1 );
GfxSelectFont( "Candara", 18, 98, False );
GfxSetBkColor( colorBlack );
GfxSetTextColor( colorWhite );
GfxTextOut( "L.T.P.  " + C + " ", cx, cy );

AlertIf( Buy , "SOUND C:\\Windows\\Media\\chimes.wav", "Audio alert", 2 ); 
AlertIf( Sell , "SOUND C:\\Windows\\Media\\alert.wav", "Audio alert", 2 );
PlotShapes( Buy * shapeUpArrow + Sell * shapeDownArrow, IIf( Buy, colorBrightGreen, colorYellow ) );
BI = BarIndex();
SelectedBar = SelectedValue(BI) -BI[0];
//Selectedbar = Status("lastvisiblebar")-1;
PStr="";
for(Cp=0; Cp<=44; Cp++)
	{
	Temp = VarGet("Pattern"+NumToStr(Cp,1.0));
	if(temp[SelectedBar]) Pstr=Pstr+"#"+NumToStr(Cp,1.0)+" - "+StrExtract(PatternNameList,Cp)+"\n";
	}
FS=Param("Font Size",11,11,100,1);
GfxSelectFont("Times New Roman", FS, 700, True ); 
GfxSetBkMode( colorWhite );  
GfxSetTextColor( ParamColor("Color",colorWhite) ); 
Hor=Param("Horizontal Position",237,1,1200,1);
Ver=Param("Vertical Position",50,1,830,1); 


SetChartOptions( 1, chartShowDates );
BKswitch = ParamToggle("Background Color","On,Off");

OUTcolor = ParamColor("Outer Panel Color",colorTeal);
INUPcolor = ParamColor("Inner Panel Upper",colorBlue);
INDNcolor = ParamColor("Inner Panel Lower",colorBlack);
TitleColor = ParamColor("Title Color ",colorBlack);

if (NOT BKswitch)
{
SetChartBkColor(OUTcolor); // color of outer border
SetChartBkGradientFill(INUPcolor,INDNcolor,TitleColor); // color of inner panel
}


H1=SelectedValue( TimeFrameGetPrice( "H", inDaily, -1 ));
L1=SelectedValue(TimeFrameGetPrice( "L", inDaily, -1 ));
C1=SelectedValue(TimeFrameGetPrice( "C", inDaily, -1 ));
 
PP= (H1 + L1 + C1)/3;
High1=((((C1 + H1)/2)/3)*2) + (O /3) ;
Low1 = ((((C1 + L1)/2)/3)*2) + (O /3) ;
 
High2= High1 + (High1- Low1);
Low2 = Low1 - (High1- Low1);
 
Plot (PP,"Pivot",colorOrange,styleLine+styleNoRescale);
Plot (High1,"H1",colorRed,styleLine|styleNoRescale);
Plot (High2,"H2",colorRed,styleLine|styleNoRescale);
 
Plot (Low1,"L1",colorGreen,styleLine|styleNoRescale);
Plot (Low2,"L2",colorGreen,styleLine|styleNoRescale);

C13=Param("fonts",8,32,50,1 );
C14=Param("left-right",2.2,1.0,5.0,0.1 );
C15=Param("up-down",5,1,30,1 );
GfxSelectFont("Tahoma", Status("pxheight")/C13 );
GfxSetTextAlign( 6 );
GfxTextOut( "LTP "+WriteVal(C,1.2), Status("pxwidth")/C14, Status("pxheight")/C15);
GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 );








1 comments

1. anandnst

This is one type of RSI…Given in wisestocktrader (Smooth Rsi).

http://wisestocktrader.com/indicators/2774-smooth-rsi

Modification is done… n its good.More explanation needed on Red Shadow part. It shows top formation??

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