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Volatility Ladder for Amibroker (AFL)

Rating:
3 / 5 (Votes 5)
Tags:
oscillator, amibroker

Dear Friends,

This afl i have received from an acquaintance.

It is pretty helpful to me.

Hope it helps you too.

Happy trading !!

Screenshots

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Indicator / Formula

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_SECTION_BEGIN("volatility ladders ");
m = Param("Periods", 10, 5, 20, 1 );
n = Param("Average", 5, 3, 10, 1 );
 
pa = (2*C+H+L)/4;
cost = pa*Volume;
 
scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;
 
RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;
pak = WMA(rsv,n);
paD = WMA(paK,n);
 
UP=pak;
DOWN=pad;
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );
_SECTION_END();
_SECTION_END();

2 comments

1. pulakesh13

How to use it

2. skyduck

Thanks

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