Bandar Week for Amibroker (AFL)
iwansuryo about 9 years ago Amibroker (AFL)
It is formula to know the power of big player on the market, based on average weekly volume. You can detect the timing before bullish or bearish period.
Indicator / Formula
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BDIn=IIf(C>O, V,0); BDOut=IIf(C< O,V,0);
BDAccW=Sum(BDIn, 5); BDAccM=Sum(BDIn, 21);
BDDistW=Sum( BDout,5); BDDistM=Sum( BDout,21) ;
BDWeek=(BDAccW- BDDistW);
ColorBW=IIf( BDWeek>O, colorBrightGreen ,colorRed) ;
Plot(BDWeek, "BDWk",colorBW, styleHistogram| styleThick) ;2 comments
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thnx
good job