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Bull vs Bear for Amibroker (AFL)
Rating:
4 / 5 (Votes 5)
Tags:
bull, bear, amibroker, histogram
Bull power vs Bear power – Histogram
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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 | _SECTION_BEGIN("Bull vs Bear");periods = Param( "Periods", 5, 3, 200, 1 );Bull = (H - O)*100/C;Bear = (L - O)*100/C;val = Bull + Bear; x = EMA(val,periods);Plot(x,"", colorOrange);dynamic_color = IIf( x> 0, colorGreen, colorRed ); Plot(x, "Bull vs Bear", dynamic_color, styleHistogram | styleThick); PlotGrid(0, colorWhite);PlotGrid(1, colorYellow);PlotGrid(-1, colorYellow);PlotGrid(2, colorGreen);PlotGrid(-2, colorRed);_SECTION_END(); |
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VERY GOOD INDICATOR
nice indicator
please, tell the meaning of the indicator