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Beyond good and evil for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
oscillator, amibroker
Can be used interestingly.At the top when weakness creeping in and at the low when strength coming in as well as can be gauged, in the bottom reversal area whether reversal is full blooded or not. Red bar while reversing is not good. Its a collection and don’t know about actual author.
Screenshots
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Indicator / Formula
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_SECTION_BEGIN("Beyond Good & Evil");
function T3(price,periods)
{
s = 0.84;
e1=EMA(price,periods);
e2=EMA(e1,Periods);
e3=EMA(e2,Periods);
e4=EMA(e3,Periods);
e5=EMA(e4,Periods);
e6=EMA(e5,Periods);
c1=-s*s*s;
c2=3*s*s+3*s*s*s;
c3=-6*s*s-3*s-3*s*s*s;
c4=1+3*s+s*s*s+3*s*s;
Ti3=c1*e6+c2*e5+c3*e4+c4*e3;
return ti3;
}
ti3 = T3(C,3);
ti5 = T3(C,5);
ti8 = t3(C,8);
y = (ti3-ti5);
z = (ti5-ti8);
x = y+z;
Plot(x, "Beyond Good & Evil", 2);
Plot(y, "The Good", colorGreen, styleArea);
Plot(z, "The Evil", colorRed, styleArea);
//GraphZOrder = 1;
_SECTION_BEGIN("Volume");
Plot(Volume, _DEFAULT_NAME(), ParamColor("Color", colorGrey50), ParamStyle( "Style", styleHistogram | styleOwnScale, maskHistogram), 2 );
_SECTION_END();0 comments
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