Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Price Zone Oscillator for Amibroker (AFL)
Could not find this indicator in the library so I post it here. It is a price oscillator created by Walid Khalil and David Steckler and could be used to find overbought and oversold condition and also to spot divergence in price. I made a small change form the original formula.
Joeoil
Screenshots
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("PZO_ind"); // PZO indicator function PZOsc( Period ) { R = sign( Close - Ref( Close, -1 ) ) * Close; VP = EMA( R, Period ); TV = EMA( Close, Period ); return Nz( 100 * VP / TV ); } Period = Param( "PZO period", 14, 2 , 200 ); PZO = PZOsc( Period ); Plot( PZO, "PZO" + _PARAM_VALUES(), colorBlue, styleThick ); // grid lines PlotGrid( 60 ); Plot( 40, "", colorLime ); Plot( -40, "", colorRed ); PlotGrid( -60 ); _SECTION_END();
1 comments
Leave Comment
Please login here to leave a comment.
Back
very interresting to see the down / up cycles
tx ;)