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MACD with trend line for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker

MACD with trend line. enjoy!!

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("MACDval");
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );


dynamic_color = IIf( MACD() > 0, colorGreen, colorRed);
MACD_trend = IIf( MACD() >= 0, 0.5, -0.5);
Plot( MACD(), "MACD(12,26)", dynamic_color, styleHistogram | styleThick);
Plot( MACD_trend, "MACD Trend", dynamic_color, styleLine | styleThick);


_SECTION_BEGIN("SIGNALval");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( EMA( MACD(12,26),9 ),"signal 9",colorYellow,styleHistogram |styleThick, ParamStyle("Style") );

7 comments

1. anandnst

Hello herjebi n Admin,

i cant find any trendline in above formula.. kindly check.

2. shariful

nice sharing…thanks, @ anandnst >green line=uptrend, red line vice versa

3. hotaro3

Dear Admin- this indicator about 1 month ago posted as Macd with Signal by spectremind- please check it

4. anandnst

Hello admin,

Ya this afl is posted before also But modification line shown in Picture.. it not in the Formula posted.

5. Divyesh

we can use this MACD afl along with any AFL with below given code of RIBBON….!

_SECTION_BEGIN("MACDval");
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );


dynamic_color = IIf( MACD() > 0, colorGreen, colorRed);
MACD_trend = IIf( MACD() >= 0, 0.5, -0.5);
Plot( 2, "ribbon",IIf( MACD_trend>=0, colorLime, colorRed ), styleOwnScale|styleArea|styleNoLabel, 0, 100 );
6. morgen

What’s new…pussycat?
Only colours!?

7. herjebi

Source : Macd with Signal by spectremind
Thanks for spectremind.

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