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Modified Ichimoku Crossover for Amibroker (AFL)
Rating:
3 / 5 (Votes 6)
Tags:
amibroker
This is a modified Ichimoku Crossover. Follows the trend till exhaust
Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 | prds = Param( "Standard Line Periods", 13, 5, 26, 1 );turn = Param( "Turning Line Periods", 3, 3, 10, 1 );TL = ( HHV( H, turn ) + LLV( L, turn ) ) / 2;SL = ( HHV( H, prds ) + LLV( L, prds ) ) / 2;Plot( SL, "SL", colorOrange, styleLine | styleNoLabel );Plot( TL, "TL", colorLightBlue, styleLine | styleNoLabel );r=Cross(TL,SL);r2= Cross(SL,TL);r_status= WriteIf(r, "Bullish", WriteIf(r2, "Bearish", "Neutral"));r_Col=IIf(r, colorGreen, IIf(r2, colorRed, colorLightGrey));Filter = r OR r2;AddTextColumn(r_status,"RSI-14",1, colorWhite, r_Col);AddColumn( Close, "Close" );AddColumn( TL, "Blue - TL" );AddColumn( SL, "Orange - SL" ); |
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