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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Winner for Amibroker (AFL)
Very good and early indicator for buy/seel for intraday trading based on OB/OS.
Edit the parameters and set m=4 and n=2 for best and fast results.
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Indicator / Formula
_SECTION_BEGIN("Winner"); m = Param("Periods", 10, 2, 5, 1 ); n = Param("Average", 5, 2, 5, 1 ); pa = (2*C+H+L)/4; cost = pa*Volume; scost5 = Sum(cost,n); svolume5 = Sum(Volume,n); pa5 = scost5/svolume5; RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100; pak = WMA(rsv,n); paD = WMA(paK,n); UP=pak; DOWN=pad; Oo=IIf(up<down,up,down); Hh=Oo; Ll=IIf(up<down,down,up); Cc=Ll; barcolor2=IIf(up>down,5,colorRed); PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle ); _SECTION_END();
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Nothing is appearing on Screen.
That is a very good trend indicator!
something wrong, not papering properly on the chart
Plz rectify
Can we add a scan to the above indicator when it changes color ?
Thanks in advance.
nice indicator, good for intra use…thanks
NOTHING APPEARS SIR BUT THANKS FOR THE WORK DONE.