Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Wavetrend scanner for Amibroker (AFL)
Rating:
5 / 5 (Votes 2)
Tags:
amibroker, exploration
Scanner based on Mike’s WaveTrend clone indicator submitted by Kaiji (http://www.wisestocktrader.com/indicators/372-mikes-wave-trend-clone).
Identifies situations in which primary WaveTrend indicator has a value under -40 and, at the same time, it’s above 4 days moving average.
Similar Indicators / Formulas
GapUp and Bearish Close (Reversal) _Daily
Submitted
by indraji2001 over 10 years ago
miftha indicator
Submitted
by coolpace over 14 years ago
General Market Exploration by XeL
Submitted
by xel over 12 years ago
Deel - Average Dollar Price Volatility
Submitted
by kaiji almost 15 years ago
DIX50,20,10
Submitted
by morgen over 14 years ago
Volume Spike Exploration
Submitted
by ngocleasing over 14 years ago
Indicator / Formula
Copy & Paste Friendly
ChannelPeriods = Param("Channel Periods",10,1,50,1);
AvgPeriods = Param("Average Periods",21,1,50,1);
OverBought = Param("Over Bought Line",64,0,100,1);
OverSold = Param("Over Sold Line",-64,-100,0,1);
ColTCI = ParamColor("TCI Line Color",colorBrown);
ColOB = ParamColor("Over Bought Color",colorRed);
ColOS = ParamColor("Over Sold",colorGreen);
XSpace = Param("GraphXSpace",7,0,20,0.5);
n1 = ChannelPeriods; // Channel periodsdefault is 10.
n2 = AvgPeriods; // Average periodsdefault is 21.
AP = Avg; //Typical Price
ESA = EMA(AP, n1);
D = EMA(abs(AP - ESA), n1);
CI = (AP - ESA) / (0.015 * D);
TCI = EMA(CI, n2);
WaveTrend1 = TCI;
WaveTrend2 = MA(WaveTrend1,4);
Filter = WaveTrend1 > WaveTrend2 AND WaveTrend1 < -40;
AddColumn(O,"Open",1.2);
AddColumn(H,"High",1.2);
AddColumn(L,"Low",1.2);
AddColumn(C,"Close",1.2);
AddColumn(V,"Volume",1);
AddColumn(WaveTrend1,"WaveTrend1",1.2);
AddColumn(WaveTrend2,"WaveTrend2",1.2);1 comments
Leave Comment
Please login here to leave a comment.
Back
pls add