Coral Trend Indicator Trading System for Amibroker (AFL)
SADAI over 8 years ago Amibroker (AFL)
This is one of my indicator which is used in my trading. This is not developed by me, but based on this indicator here i changed some parameter to get good result. You can used your own time frame. pl comment
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Apply this indicator to a price chart to see signals.
_SECTION_BEGIN( "Trend Indicator" );
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 );
A = bfr > Ref( bfr, -1 );
B = Ref( bfr, -1 ) > bfr;
A = ExRem( A, B );
B = ExRem( B, A );
PlotShapes( A * shapeHollowUpArrow, colorcustom11, 0, L, -15 );
PlotShapes( B* shapeHollowdownArrow, coloryellow, 0, H, -15 );
_SECTION_END();3 comments
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Not working for me
You can add price chart with this afl.
More Fine Tuning of this Indicator. Please consider signal candle and next candle High and Low and Enter whichever HH/LL as per Signal to Get good accuracy.