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MFI with top and bot signal for Amibroker (AFL)
dyza
over 9 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 7)
Tags:
oscillator, amibroker

This indicator based on MFI formula with top and bot signal

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Indicator / Formula

Indicator
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_SECTION_BEGIN("MFI trend");
 
SetBarsRequired(sbrAll, sbrAll);                                                       
TP = Param("Trend Per", 70,2,100);                                                               
per_MFI= Param("MFI Per", 9, 5, 35,1);
IND =  MFI(per_MFI);                                                                                                     
Center = 50 ;
 
Plot( MFI(per_MFI), "",colorblue, 4, 4);    
 
SetChartOptions(0,0,0,0,0);
maxClip = Param( "maxClip", 80, 1, 100, 1 );
minClip = Param( "minClip", 20, 1, 100, 1 );
 
r = MFI(per_MFI);
PlotOHLC( r,r,50,r, "", IIf( r > 50, colorRed, colorBrightGreen ), styleCloud |
styleNoLabel | styleClipMinMax, minClip, maxClip );
 
Plot( 70, "", coloraqua, styleNoLabel  );
Plot( 50, "", colorblack, styleNoLabel  );
Plot( 30, "", colorlightorange, styleNoLabel  );
 
// CALCULATE  UPTREND
 
startvalue = LastValue( LLV( IND, TP ) );                                                                         
startbar =  LastValue( ValueWhen( IND == startvalue, BarIndex(), 1) );                     
BP = BarCount - Startbar;                                                                                           
 
secondvalue =  LastValue( LLV( IND, BP - 5  ) );                                                      
secondbar =  LastValue( ValueWhen( IND == secondvalue, BarIndex(), 1) );           
BP2 = BarCount - secondbar; 
 
thirdvalue =  LastValue( LLV( IND, BP2 - 5 ) );                                                   
thirdbar =  LastValue( ValueWhen( IND == thirdvalue, BarIndex(), 1) );            
BP3 = BarCount - thirdbar; 
 
fourthvalue =  LastValue( LLV( IND, BP3 - 5 ) );                                                      
fourthbar =  LastValue( ValueWhen( IND ==fourthvalue, BarIndex(), 1) );        
BP4 = BarCount - fourthbar; 
 
fifthvalue =  LastValue( LLV( IND, BP4 - 5 ) );                                                   
fifthbar =  LastValue( ValueWhen( IND ==fifthvalue, BarIndex(), 1) );      
BP5 = BarCount - fifthbar; 
 
sixthvalue =  LastValue( LLV( IND, BP5 - 5 ) );                                            
sixthbar =  LastValue( ValueWhen( IND ==sixthvalue, BarIndex(), 1) );        
 
Low_1= IIf( BarIndex() == startbar, 80, Null);
Low_2= IIf( BarIndex() == secondbar, 80, Null);
Low_3= IIf( BarIndex() == thirdbar, 80, Null);
Low_4= IIf( BarIndex() == fourthbar, 80, Null);
Low_5= IIf( BarIndex() == fifthbar, 80, Null);
Low_6= IIf( BarIndex() == sixthbar, 80, Null);
 
b = startvalue ;   
FirstSlope = (secondvalue - b) / (secondbar - startbar) ;
FirstTrendline = FirstSlope * ( BarIndex() - startbar ) + b;                                                            
// Plot(  IIf(  BarIndex() >= startbar  AND FirstTrendline <= 90 , FirstTrendline, Null ) , "FirstTrendline", colorGreen, styleThick +2048 );       
 
SecondSlope = (thirdvalue - b) / (thirdbar - startbar) ;
SecondTrendline = SecondSlope * ( BarIndex() - startbar ) + b;                                                             
 
ThirdSlope = (fourthvalue - b) / (fourthbar - startbar) ;
ThirdTrendline = ThirdSlope * ( BarIndex() - startbar ) + b; 
 
FourthSlope = (fifthvalue - b) / (fifthbar - startbar) ;
FourthTrendline = FourthSlope * ( BarIndex() - startbar ) + b; 
 
FifthSlope = (sixthvalue - b) / (sixthbar - startbar) ;
FifthTrendline = FifthSlope * ( BarIndex() - startbar ) + b; 
 
MainSlope = IIf( FirstSlope > SecondSlope,  IIf( SecondSlope > ThirdSlope,  IIf( ThirdSlope > FourthSlope,
 IIf( FourthSlope >  FifthSlope,  FifthSlope, FourthSlope),ThirdSlope), SecondSlope), FirstSlope) ;
 
MainLine = MainSlope * ( BarIndex() - startbar ) + b;   
Plot(  IIf(  BarIndex() >= startbar, MainLine, Null ) , "MainLine", colorDarkGreen, styleThick ) ;  
 
 
IND_Diff = IIf(  BarIndex() >= startbar, abs( IND - MainLine), Null) ;
MainTrendLine_Diff = Param("Difference IND from MainTrendLine", 2.5, 0.5,5,  0.5);
 
Cond_Buy = IIf( BarIndex() >= Thirdbar AND  IND_Diff  <= MainTrendLine_Diff, IND, 0)  AND  MainLine < 55 ;
 
PlotShapes( IIf( Cond_Buy, shapeUpArrow , shapeNone ), colorGreen );
 
 
 
/////////////////////////////////////////////
 
// CALCULATE  DOWNTREND
 
starthigh = LastValue( HHV( IND, TP ) );                                                                        
starthighbar =  LastValue( ValueWhen( IND == starthigh, BarIndex(), 1) );               
HBP = BarCount - starthighbar;                                                                                  
 
secondhigh =  LastValue( HHV( IND, HBP - 5  ) );                                                   
secondhighbar =  LastValue( ValueWhen( IND == secondhigh, BarIndex(), 1) );     
HBP2 = BarCount - secondhighbar; 
 
thirdhigh =  LastValue( HHV( IND, HBP2 - 5 ) );                                                   
thirdhighbar =  LastValue( ValueWhen( IND == thirdhigh, BarIndex(), 1) );           
HBP3 = BarCount - thirdhighbar; 
 
fourthhigh =  LastValue( HHV( IND, HBP3 - 5 ) );                                                        
fourthhighbar =  LastValue( ValueWhen( IND ==fourthhigh, BarIndex(), 1) );          
HBP4 = BarCount - fourthhighbar; 
 
fifthhigh =  LastValue( HHV( IND, HBP4 - 5 ) );                                                  
fifthhighbar =  LastValue( ValueWhen( IND ==fifthhigh, BarIndex(), 1) );        
HBP5 = BarCount - fifthhighbar; 
 
sixthhigh =  LastValue( HHV( IND, HBP5 - 5 ) );                                               
sixthhighbar =  LastValue( ValueWhen( IND ==sixthhigh, BarIndex(), 1) );          
 
High_1= IIf( BarIndex() == starthighbar, 90, Null);
High_2= IIf( BarIndex() == secondhighbar, 90, Null);
High_3= IIf( BarIndex() == thirdhighbar, 90, Null);
High_4= IIf( BarIndex() == fourthhighbar, 90, Null);
High_5= IIf( BarIndex() == fifthhighbar, 90, Null);
High_6= IIf( BarIndex() == sixthhighbar, 90, Null);
 
MainTrendLine_Diff = Param("Difference IND from MainTrendLine", 2.5, 0.5,7,  0.5);
 
d = starthigh ;   
FirstDownSlope = (secondhigh - d) / (secondhighbar - starthighbar) ;
FirstDownTrendline = FirstDownSlope * ( BarIndex() - starthighbar ) + d;                                                              
 
SecondDownSlope = (thirdhigh - d) / (thirdhighbar - starthighbar) ;
SecondDownTrendline = SecondDownSlope * ( BarIndex() -  starthighbar ) + d;                                                         
 
ThirdDownSlope = (fourthhigh - d) / (fourthhighbar - starthighbar) ;
ThirdDownTrendline = ThirdDownSlope * ( BarIndex() - starthighbar ) + d; 
 
FourthDownSlope = (fifthhigh - d) / (fifthhighbar - starthighbar) ;
FourthDownTrendline = FourthDownSlope * ( BarIndex() - starthighbar ) + d; 
 
FifthDownSlope = (sixthhigh - d) / (sixthhighbar - starthighbar) ;
FifthDownTrendline = FifthDownSlope * ( BarIndex() - starthighbar ) + d; 
 
MainDownSlope = IIf( FirstDownSlope < SecondDownSlope,  IIf( SecondDownSlope < ThirdDownSlope, 
IIf( ThirdDownSlope < FourthDownSlope,  IIf( FourthDownSlope <  FifthDownSlope, FifthDownSlope, FourthDownSlope),ThirdDownSlope), SecondDownSlope), FirstDownSlope) ;
 
MainDownLine =  IIf( MainDownSlope == 0, Null, MainDownSlope * ( BarIndex() - starthighbar ) + d ) ;   
Plot(  IIf(  BarIndex() >=  starthighbar, MainDownLine, Null ) , "Main_DOWN_Line", colorViolet, styleThick ) ;   
 
IND_Diff = IIf(  BarIndex() >=  starthighbar, abs( IND - MainDownLine), Null) ;
 
Cond_Sell = IIf( BarIndex() >= Thirdbar AND  IND_Diff  <= MainTrendLine_Diff, IND, 0)  AND  MainDownLine > 45 ;
 
PlotShapes( IIf( Cond_Sell, shapeDownArrow , shapeNone ), colorRed );
 
 
Title =  Name() + "\\c17" +   "  " +"\\c12" + per_mfi;
_SECTION_END();

2 comments

1. zagreus
over 9 years ago

nice

Report as Spam
2. saifulislam656405
over 9 years ago

excellent

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