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Positive Percentage Indicator for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
percentage, amibroker
This formula shows you the positive bar percentage of the script.
it calculates past bar data & average it with a percentage value.
you can combine this with your other indicators to get a Popper momentum idea.
like when you going to Long with your current indicators, do taste how much positivity there is on different time frames for that particular script.
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 | _SECTION_BEGIN("Positive Bars Percentage");BarsUp=0;BarsDown=0;PCount = 0;NCount = 0;NewDay = Day() != Ref(Day(), -1);for(i=0;i<BarCount;i++){if(NewDay[i]==True){BarsUp[i]=0;BarsDown[i]=0;PCount = 0;NCount = 0;}//positive countif(C[i]-O[i]>0){PCount++;BarsUp[i]=PCount;BarsDown[i]=NCount;}//negative countif(C[i]-O[i]<0){NCount++;BarsUp[i]=PCount;BarsDown[i]=NCount;}}BarsToday = 1 + BarsSince(NewDay);PositiveBarsPercentage = BarsUp*100/BarsToday;//Plot(BarsToday,"Today Bars",colorRed);//Plot(BarsUp,"Positive Bars",colorblue);//Plot(BarsDown,"Negative Bars",colorRed);Plot(PositiveBarsPercentage,"PositiveBars Percentage",colorGreen);_SECTION_END(); |
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