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#1 Selling Amibroker Plugin featuring:
JNSAR for Amibroker (AFL)
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
//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)/15 isum = (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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