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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Trend Indicator for Amibroker (AFL)
This Trend Indicator based on EMA and Donchian Channel.
Buy Sell Signals given for signals to signal tread.
One can tread intraday on Bar color….! as Buy when Green Bar and Exit on Blue Bar, if Green Bar again comes after Blue Bar re enter in buy till next Blue Bar…..!
Vise Varsa,
Sell on Red Bar exit on Blue Bar re enter if Red Bar appears after Blue Bar….!
Theam and Idea Taken from :- http://www.wisestocktrader.com/indicators/3526-expert-trend-locator ( Thnx pipstock )
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("Price"); pds = 20; MAFAST = EMA( Close, 20 ); MASLOW = EMA( Close, 40 ); DonchianUpper = HHV( Ref( H, -1 ), pds ); // Highest high value of highs in last 20 periods DonchianLower = LLV( Ref( L, -1 ), pds ); // Lowest low value of low in last 20 periods DonchianMiddle = ( DonchianUpper + DonchianLower ) / 2; UpTrend = C > ( LLV( L, 20 ) + 2 * ATR( 10 ) ) AND EMA( Close, 20 ) > EMA( Close, 40 ); DnTrend = C < ( HHV( H, 20 ) - 2 * ATR( 10 ) ) AND EMA( Close, 20 ) < EMA( Close, 40 ); Color = IIf( UpTrend, colorGreen, IIf( DnTrend, colorRed, colorBlue) ); UpTrend=ExRem(UpTrend,DnTrend); Dntrend=ExRem(DnTrend,UpTrend); // Plots a 20 period Donchian channel Plot( C, "Price", Color, styleBar | styleThick ); NewDay = IIf(Day() != Ref(Day(), -1) OR BarIndex() == LastValue(BarIndex()), 1, 0); Plot(NewDay, "", 47, 2 + 32768 + 4096, Minvalue = 0, Maxvalue = 1); _SECTION_END(); PlotShapes(IIf(UpTrend, shapeUpArrow, shapeNone),colorBrightGreen, 0,L, Offset=-45); PlotShapes(IIf(DnTrend, shapeDownArrow, shapeNone),colorRed, 0,H, Offset=-45); _SECTION_BEGIN("L.T.P."); cx = Param( "cxposn", 1000, 0, 1250, 1 ); cy = Param( "cyposn", 25, 0, 500, 1 ); GfxSelectFont( "Candara", 18, 98, False ); gfxcup = SelectedValue(C > Ref(C,-1)); gfxpcolor = IIf(gfxcup,colorBrightGreen,colorRed); GfxSetTextColor(gfxpcolor); //GfxSetTextColor( colorWhite ); GfxTextOut( "L.T.P. " + C + " ", cx, cy ); _SECTION_END(); _SECTION_BEGIN("Background text"); SetChartBkColor(colorBlack); strWeekday = StrMid("---sunday---Monday--TuesdayWednesday-Thursday--Friday--Saturday", SelectedValue(DayOfWeek())*9,9); GraphXSpace=Param("GraphXSpace",0,-55,200,1); C13=Param("fonts",20,10,30,1 ); C14=Param("left-right",2.1,1.0,5.0,0.1 ); C15=Param("up-down",12,1,20,1 ); Miny = Status("axisminy"); Maxy = Status("axismaxy"); lvb = Status("lastvisiblebar"); fvb = Status("firstvisiblebar"); pxwidth = Status("pxwidth"); pxheight = Status("pxheight"); GfxSetBkMode(transparent=1); GfxSetOverlayMode(1); GfxSelectFont("Candara", Status("pxheight")/C13 ); GfxSetTextAlign( 6 ); GfxSetTextColor( ColorRGB (217,217,213)); GfxTextOut( Name(), Status("pxwidth")/C14, Status("pxheight")/C15 ); GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 ); GfxSetTextColor( ColorRGB (103,103,103)); GfxTextOut( "By", Status("pxwidth")/C14, Status("pxheight")/C15*2.5 ); GfxSelectFont("Candara", Status("pxheight")/C13*0.5 ); GfxSetTextColor( ColorRGB (103,103,103)); GfxTextOut( "Sai Stock Broking 09825340778", Status("pxwidth")/C14, Status("pxheight")/C15*4 ); GfxSelectFont("MS Sans Serif", 10, 500, False, False, 0); _SECTION_END(); _SECTION_BEGIN("Title"); DODay = TimeFrameGetPrice("O", inDaily); DHiDay = TimeFrameGetPrice("H", inDaily); DLoDay = TimeFrameGetPrice("L", inDaily); Title = EncodeColor(colorWhite)+"* SAI STOCK BROKING 09825340778 * "+EncodeColor(colorWhite)+ Name() + ", " + Interval(2) + ", " + Date() + " - "+strWeekday + " - " + EncodeColor(colorWhite) + "\nO " + EncodeColor(colorWhite) + O + ", H : " + H + ", L : " + L + ", C : " + C + "\n"+EncodeColor(colorWhite)+ " Day-Open : " +DODay + " Day-High : " +DHiDay + " Day-Low : " + DLoDay ; _SECTION_BEGIN("Time Left"); function GetSecondNum() { Time = Now( 4 ); Seconds = int( Time % 100 ); Minutes = int( Time / 100 % 100 ); Hours = int( Time / 10000 % 100 ); SecondNum = int( Hours * 60 * 60 + Minutes * 60 + Seconds ); return SecondNum; } RequestTimedRefresh( 1 ); TimeFrame = Interval(); SecNumber = GetSecondNum(); Newperiod = SecNumber % TimeFrame == 0; SecsLeft = SecNumber - int( SecNumber / TimeFrame ) * TimeFrame; SecsToGo = TimeFrame - SecsLeft; x=Param("xposn",430,0,1000,1); y=Param("yposn",40,0,1000,1); GfxSelectSolidBrush( ColorRGB( 230, 230, 230 ) ); GfxSelectPen( ColorRGB( 230, 230, 230 ), 2 ); if ( NewPeriod ) { GfxSelectSolidBrush( colorYellow ); GfxSelectPen( colorYellow, 2 ); Say( "New period" ); } cx = Param( "cxposn", 1080, 0, 1250, 1 ); cy = Param( "cyposn", 5, 0, 500, 1 ); GfxSelectFont( "Candara", 14, 98, False ); //gfxcup = SelectedValue(C > Ref(C,-1)); //gfxpcolor = IIf(gfxcup,colorBrightGreen,colorRed); GfxSetTextColor(colorBlue); //GfxSetTextColor( colorWhite ); GfxTextOut( "T i m e L e f t " + SecsToGo + " ", cx, cy ); _SECTION_END();
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How do you align that Timer with the start of the candle?