ultimate trend for Amibroker (AFL)
ravi0055 about 13 years ago Amibroker (AFL)
Help in to find main sustainable trend and remove noise.
Indicator / Formula
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_SECTION_BEGIN(" ultimate trend");
mtOpen = LinearReg( Open, 12 ); // calculate moving trend from open
mtHigh = LinearReg( High, 12 ); // calculate moving trend from open
mtLow = LinearReg( Low, 12 ); // calculate moving trend from open
mtClose = LinearReg( Close, 12 ); // calculate moving trend from open
// plot surrogate chart
PlotOHLC( mtOpen, mtHigh, mtLow, mtClose, "Surrogate", colorBlack, styleCandle );
_SECTION_END();
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