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ChaikinVolatility with pivot area for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
oscillator, amibroker
ChaikinVolatility with pivot area.
this only simple idea to segregate the volatility by the area, to have some indicator on pivot regime
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Volatility");
function ChaikinVolatility( periods )
{
return ROC( EMA( High - Low, periods ), periods );
}
Plot( ChaikinVolatility( Param("Periods", 10, 2, 100 ) ),
_DEFAULT_NAME(), ParamColor( "Color", ColorCycle ) );
Plot(-50, _DEFAULT_NAME(), colorGreen,styleThick);
Plot(-20, _DEFAULT_NAME(), colorRed,styleThick);
Plot(9, _DEFAULT_NAME(), colorGold,styleThick);
Plot(33, _DEFAULT_NAME(), colorRed, styleThick);
Plot(75, _DEFAULT_NAME(), colorGreen, styleThick);
_SECTION_END();0 comments
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