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JNSAR for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
JNSAR is a number based on market’s strength and weakness as well as the balance of demand and supply. Whatever the number may be, a choppy market could whipsaw the number occasionally to shake off your confidence in them. However, staying with one method brings you consistent winnings.JNSAR is a strategy widely adopted by the master trader Illango (Just Nifty) and most of his Internet followrs.
Screenshots
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 | //JNSAR - Indicator ideated by Mr Illango_SECTION_BEGIN("JNSAR"); Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); Period = Param("Length",5,5,100,1);// JNSAR = (5 days HEma+5Days CEma+5Days LEma)/15isum = (Sum(ema(High,Period),Period) + Sum(ema(Low,Period),period) + Sum(ema(Close,Period),period));jnsar = round(isum/15);buy = Cross(Close, jnsar);sell =Cross(jnsar,Close);Short = Sell;Cover = Buy;color = IIf(C>jnsar,colorGreen,colorRed);Plot(jnsar,"JNSAR",color,styleDots|styleNoLine|stylethick);_SECTION_END(); |
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