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#1 Selling Amibroker Plugin featuring:
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Elder Impulse for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker
A normal chart pattern using elder impulse
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Indicator / Formula
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_SECTION_BEGIN("Elder Impulse"); SetChartOptions(0,chartShowArrows|chartShowDates); EnableTextOutput(False); // User-defined parameter for EMA periods EMA_Type = Param("EMA-1, TEMA-2, JMA-3", 2, 1, 3, 1); EMA_prds = Param("EMA_periods", 7, 1, 30, 1); Std_MACD = Param("Standard MACD? No-0, Yes-1", 1, 0, 1, 1); Plot_fashion = Param("Bar+Arrows-1, Impulse Bars-2", 2, 1, 2, 1); // Allow user to define Weekly and Monthly Ribbon Location and Height WR_P1 = Param("Weekly Ribbon Location", 5.2, -1000, 1000, 0.1); WR_P2 = Param("Weekly Ribbon Height", 199, -0.001, 500, 0.1); //MR_P1 = Param("Monthly Ribbon Location", 5.2, -1000, 1000, 0.1); //MR_P2 = Param("Monthly Ribbon Height", 199, -0.001, 500, 0.1); // Compute EMA and MACD Histogram if(EMA_Type == 1) { DayEMA = EMA(Close, EMA_prds); } if (EMA_Type == 2) { DayEMA = TEMA(Close, EMA_prds); } if(EMA_Type == 3) { // Line below to be used with Jurik JMA // DayEMA = JurikJMA(C, EMA_Prds); } Histogram = MACD() - Signal(); // Determine if we have an Impulse UP, DOWN or None Impulse_Up = DayEMA > Ref(DayEMA, -1) AND Histogram > Ref(Histogram, -1); Impulse_Down = DayEMA < Ref(DayEMA, -1) AND Histogram < Ref(Histogram, -1); Impulse_None = (NOT Impulse_UP) AND (NOT Impulse_Down); // Compute Weekly MACD and determine whether rising or falling // Note: uses "non-standard" parameters! TimeFrameSet(inWeekly); if (Std_MACD == 0) { MACD_val = MACD(5, 8); Signal_val = Signal(5, 8, 5); } else { MACD_val = MACD(12, 26); Signal_val = Signal(12, 26, 9); } Hist_in_w = MACD_val - Signal_val; wh_rising = Hist_in_w > Ref(Hist_in_w, -1); wh_falling = Hist_in_w < Ref(Hist_in_w, -1); wh_none = (NOT wh_rising) AND (NOT wh_falling); TimeFrameRestore(); // Now get Monthly MACD Histogram.... TimeFrameSet(inMonthly); MACD_val = MACD(5, 8); Signal_val = Signal(5, 8, 5); Hist_in_m = MACD_val - Signal_val; mh_rising = Hist_in_m > Ref(Hist_in_m, -1); mh_falling = Hist_in_m < Ref(Hist_in_m, -1); TimeFrameRestore(); wh_rising = TimeFrameExpand( wh_rising, inWeekly, expandLast ); wh_falling = TimeFrameExpand( wh_falling, inWeekly, expandLast); wh_none = TimeFrameExpand( wh_none, inWeekly, expandLast); mh_rising = TimeFrameExpand(mh_rising, inMonthly, expandLast); mh_falling = TimeFrameExpand(mh_falling, inMonthly, expandLast); kol = IIf( wh_rising, colorBrightGreen, IIf(wh_falling, colorRed, IIf(wh_none, colorCustom11, colorLightGrey))); mkol = IIf( mh_rising, colorBlue, IIf(mh_falling, colorYellow, colorLightGrey)); // Plot them all! if (Plot_fashion == 1) { Plot(Close, "Close", colorTeal, styleBar); PlotShapes(shapeUpArrow * Impulse_Up, colorBrightGreen, 0, Low, -12); PlotShapes(shapeDownArrow * Impulse_Down, colorRed, 0, High, -12); PlotShapes(shapeSmallCircle * Impulse_None, colorWhite, 0, High, 5); } else { bar_kol = IIf(impulse_UP, colorBrightGreen, IIf(impulse_Down, colorRed, colorCustom11)); Plot(C, "Close", bar_kol, styleBar); } Plot(10, "Weekly Ribbon", kol, styleOwnScale|styleArea|styleNoLabel, WR_P1, WR_P2); // Weekly trend GREEN = RISING, RED = FALLING, WHITE = NEUTRAL //Plot(10, "Monthly Ribbon", mkol, styleOwnScale|styleArea|styleNoLabel, MR_P1, MR_P2); // Monthly Trend BLUE = RISING, YELLOW = FALLING, WHITE = NEUTRAL // Auto Envelope PlotForeign(GetBaseIndex(),IndustryID(1),colorWhite,styleLine|styleLeftAxisScale); LookBkPd = 100 ; AvgPd = 22 ; ExternalBarPct = 15 ; ConvergePct = 2 ; Middle = EMA( C,AvgPd ) ; Rng = HHV( H,LookBkPd ) - LLV( L,LookBkPd ) ; X = Rng ; deltaX = X/2 ; do { Over = H > Middle + X ; Under = L < Middle - X ; OuterPct = 100*( Sum( Over, LookBkPd ) + Sum( Under, LookBkPd ) )/LookBkPd ; OP = LastValue(OuterPct) ; X=X+sign( OP - ExternalBarPct )*deltaX ; deltaX = deltaX/2 ; }while ( abs( OP - ExternalBarPct ) > ConvergePct ) ; Plot( Middle, "MA", colorYellow, styleLine|styleNoTitle ) ; Plot( Middle+X, "MA", colorSkyblue, styleDashed|styleNoTitle ) ; Plot( Middle-X, "MA", colorSkyblue, styleDashed|styleNoTitle ) ; // Explorer Section // Determine if Impulse status is bullish, neutral or bearish. Display as Text Column. Impulse_State = WriteIf(Impulse_Up, "Bulllish", WriteIf(Impulse_Down, "Bearish", "Neutral")); // Set the background color for Impulse Status Column Impulse_Col = IIf(Impulse_Up, colorGreen, IIf(Impulse_Down, colorRed, colorLightGrey)); // Determine Weekly Trend. Display as Text Column Weekly_Trend = WriteIf(wh_rising, "Rising", WriteIf(wh_falling, "Falling", "Flat!")); Weekly_Col = IIf(wh_rising, colorGreen, IIf(wh_falling, colorRed, colorLightGrey)); // Determine Monthly Trend. Display as Text Column Monthly_Trend = WriteIf(mh_rising, "Rising", WriteIf(mh_falling, "Falling", "Flat!")); Monthly_Col = IIf(mh_rising, colorGreen, IIf(mh_falling, colorRed, colorLightGrey)); // Determine how many bars has the current state existed bars_in_bull = Min(BarsSince(impulse_none), BarsSince(impulse_down)); bars_in_bear = Min(BarsSince(impulse_up), BarsSince(impulse_none)); bars_in_neut = Min(BarsSince(impulse_down), BarsSince(impulse_up)); // Set a single variable to show number of bars in current state depending upon // actual Impulse Status - Bullish, Bearish or Neutral bars_in_state = IIf(Impulse_Up, bars_in_bull, IIf(Impulse_down, bars_in_bear, bars_in_neut)); // Columns for display in Explorer AddTextColumn(Impulse_State, "Impulse Status", 1, colorWhite, Impulse_Col); AddColumn(bars_in_state, "Bars in this state", 1, colorWhite, Impulse_col); AddTextColumn(Weekly_Trend, "Weekly Trend", 1, colorWhite, Weekly_Col); AddTextColumn(Monthly_Trend, "Monthly Trend", 1, colorWhite, Monthly_Col); Filter = 1;
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Output does not match the screenshot given.
Finally, I got one that works perfect, Thank you.