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BULLSEYE-MONEYLINE for Amibroker (AFL)
ford7k
over 10 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 6)
Tags:
amibroker

If price is above money line,it is bullish. go long.
If price is below moneyline,it is bearish-go short.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
// bulls eye forecastorby ford7k-banned from traderji
//This one is very easy to code. I tell you the trick you go AND do it yourself

//Money Line Indicator - Use Wilders( C, 88); 
//by default, selection of other MA, EMA, WMA - up to you.

//_BullsEye Indicator - Use MACD(EMA13, EMA34, SMA8);
//When MACD() < Signal(), Plot Red Ribbon else Lime Riibbon





_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Wilders");
P = ParamField("Price field",-1);
Periods = Param("Periods", 88, 2, 300, 1, 10 );
wlc = Ref(C,-1);
Plot( Wilders( wlc, 88 ), "Money line",  colorAqua, styleThick ); 
_SECTION_END();


_SECTION_BEGIN("MACD");
r1 = Param( "Fast avg", 13, 2, 200, 1 );
r2 = Param( "Slow avg", 34, 2, 200, 1 );
r3 = Param( "Signal avg", 8, 2, 200, 1 );
Plot( ml = MACD(r1, r2), StrFormat(_SECTION_NAME()+"(%g,%g)", r1, r2),  colorYellow , styleOwnScale);
//ribbon
mcd =MACD(13,34);
sig =Signal(13,34,8);

upt=mcd>sig ;
downt=mcd<sig ;


Plot( 1,"bulls eye ribbon",IIf( upt, colorGreen, IIf( downt, colorRed, 0 )),styleOwnScale|styleArea|styleNoLabel, -1, 100 );

3 comments

1. k3325

Sir ; Nice one .
Which timeframe to be used for intraday and positional .
Please mention .
Thanks

2. hotaro3

It is Nothing else just Wilders(88) indicator that readily is available in Amibroker Averages section. the program also carelessly writen so you can not change the diagram by changing parameters

3. kbs1710

How to find stock ?
Afl not working in scan or explore

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