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Coral Trend Indicator for Amibroker (AFL)

Rating:
4 / 5 (Votes 9)
Tags:
amibroker, trend

Coded by Rajandran R of MarketCalls.in. Visit here for description.

Indicator / Formula

Copy & Paste Friendly
// Coded by Rajandran R
// Transcoded from PineScript Indicator (Coral Trend) 
// Date : 20th Dec 2015

_SECTION_BEGIN("Coral Trend Indicator");
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", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 


sm = Param("Smoothing Period",21,2,40,1);
cd = Param("Constant D",0.4,0.1,2,0.1);

di = (sm - 1.0) / 2.0 + 1.0;
c1 = 2 / (di + 1.0);
c2 = 1 - c1;
c3 = 3.0 * (cd * cd + cd * cd * cd);
c4 = -3.0 * (2.0 * cd * cd + cd + cd * cd * cd);
c5 = 3.0 * cd + 1.0 + cd * cd * cd + 3.0 * cd * cd;

src = Close;
i1=0;
i2=0;
i3=0;
i4=0;
i5=0;
i6=0;


for(i=1;i<BarCount;i++)
{

i1[i] = c1[i]*src[i] + c2[i]*i1[i-1];
i2[i] = c1[i]*i1[i] + c2[i]*i2[i-1];
i3[i] = c1[i]*i2[i] + c2[i]*i3[i-1];
i4[i] = c1[i]*i3[i] + c2[i]*i4[i-1];
i5[i] = c1[i]*i4[i] + c2[i]*i5[i-1];
i6[i] = c1[i]*i5[i] + c2[i]*i6[i-1];

}

bfr = -cd*cd*cd*i6 + c3*(i5) + c4*(i4) + c5*(i3);

color = IIf(bfr>Ref(bfr,-1),colorGreen,colorRed);

Plot(bfr,"Coral Trend Indicator", color,styleDots|styleNoLine|styleThick);


_SECTION_END();

1 comments

1. mony

hello Rajendran R sir i am regular reader and follower of your AFL and POSTs lot of thanks
sir my humble Request sir please prepaire to this AFL in to

MULTI TIME FRAME ( Not MTF DashBoard )

means when we select 5 min chart but indicator play like 15 min s Data based , and 15 min chart like 60 min …………,

sir i found like this supertrend in MQ4 but not in Amibroker so please ……………prepaire this AFL ( Coral Trend Indicator) in MTF i hope response possitively thankyou sir

“Your text to link here…(www.wisestocktrader.com/indicatorpasties/1566-supertrend-multi-time-frame-for-mt4)”

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