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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Watch n Trade for Amibroker (AFL)
This combination of MACD RSI and 50MA.
One of my freind “Sunil” gave this to me. I found this very usefull so modified a bit and here it is.
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("trend with pivot levels"); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); TimeFrameSet(inDaily); wc=C; TimeFrameRestore(); uptrend= Signal(18)<MACD(7); downtrend= Signal(18)>MACD(7); PRSI=RSI(14)>55 ; NRSI=RSI(14)<45 ; Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( PRSI, colorGreen, IIf( NRSI, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_BEGIN("Chart"); MASK= ParamStyle("MASK",styleCandle| styleThick , maskAll); barcolor=IIf(UPTREND,colorGreen,IIf(doWNTREND,colorRed,colorBlue)); Plot(C, "C", barcolor,MASK); A=C>MA(C,50) ; B=C<MA(C,50) ; Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( A, colorGreen, IIf( B, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END(); _SECTION_BEGIN("MA 50"); A=C>MA(C,50) ; B=C<MA(C,50) ; Plot( 4, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( A, colorBlue, IIf( B, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END(); Buy=UPTREND AND C>O AND C>Ref(C,-1) AND C>(H+L)/2 AND V>Ref(V,-1);// AND H>wc; Short=doWNTREND AND C<O AND C<Ref(C,-1) AND C<(H+L)/2 AND V>Ref(V,-1) ;//AND L<wc; Sell=downtrend; Cover=prsi OR uptrend; Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); Short=ExRem(Short,Cover); Cover=ExRem(Cover,Short); ribboncol= IIf(Buy, colorGreen, colorRed ); PlotShapes( Buy + 2 * Sell, ribboncol, 0, IIf( Buy, L, H ), -10 ); PlotShapes( IIf( Cover, shapeUpArrow, shapeNone ),10,0,L,-25 ); PlotShapes( IIf( Short, shapeDownArrow, shapeNone ),13,0,H,-25 );
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