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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Effective swing Indicator for Amibroker (AFL)
Effective swing Indicator with Buy or Sale Signal only intraday 15m tf
Similar Indicators / Formulas
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 | range1 = Optimize ( "range1" , Param ( "range1" ,11,1,200,1,0),1,200,5); range2 = Optimize ( "range2" , Param ( "range2" ,6,1,200,1,0),1,200,5); range3 = Optimize ( "range3" , Param ( "range3" ,26,1,200,1,0),1,40,2); StDevrange = Optimize ( "StDevrange" , Param ( "StDevrange" ,90,1,200,1,0),1,200,2); MAO = EMA ( EMA ( Close - EMA ( Close , range1),range2),range3); deriv = MAO - Ref (MAO,-1); deriv2 = (deriv - Ref (deriv,-1)); Plot (MAO, "mao" , colorBlack , styleLine ); Plot (deriv, "deriv" , colorBlue , styleLine ); Plot (deriv2, "deriv2" , colorRed , styleLine ); Buy = Cross (deriv,0) AND deriv2 > 1.5* StDev (deriv2, StDevrange); Sell = Cross (0,deriv) AND deriv2 < -1.5* StDev (deriv2, StDevrange); Short = Sell ; Cover = Buy ; shape = Buy * shapeUpArrow + Sell * shapeDownArrow ; PlotShapes ( shape, IIf ( Buy , colorGreen , colorRed ), 0, IIf ( Buy , 0,0 ) ); |
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looks good! are there any other rules except the buyy\sell arrows.
sometimes i see a red arrow coming after a red arrow,thats why im asking.
Thanks