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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
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 | _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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