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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
LLV-LLV Scalper. for Amibroker (AFL)
Calculated with Previous (high + Previous low)/2
So it is like Running Pivot but not Pivot
1) During Up Trend 2 Scalper Lines green and red will scatter and green move above band, Similarly average ribbon also moves above the band and turns bright green.
2) 1) During Down Trend 2 Scalper Lines green and red come together moves above band Similarly average ribbon comes inside band turns Pink.
3) When used with MACD the picture is more clear.
4) Average ribbon is in toggle mode.
Screenshots
Indicator / Formula
/* --------------------------------------------- HHV-LLV-Scalper by Abhimanyu Y. Altekar V 1.2 on 17th March 2022 Email abhimanyu.altekar@gmail.com ----------------------------------------------- */ SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); isavg = ParamToggle("Show Averages","No|Yes",1); if(isavg ==1) { E14=MA(C,14); E21=MA(C,21); PlotOHLC(e14,e21,e14,e21,"",IIf(C>e14 AND C >e21,colorbrightGreen,colorCustom12 ),styleCloud|styleNoLabel|styleNoTitle,0,0,0,-1); } // Plot(xFast= llV(Ref((H+L)/2,-1),5),"",colorgreen,styleThick); Plot( xSlow=LLV (Ref((H+L)/2,-1),14),"",colorred,styleThick); _SECTION_BEGIN("VWAP"); _SECTION_BEGIN("Bollinger Bands"); P = //ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 100, 1 ); Width = Param("Width", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorblue ); Style = ParamStyle("Style", styleLine | styleNoLabel ) | styleNoLabel; Plot( bbt = BBandTop( xSlow, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); Plot( bbb = BBandBot( xSlow, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); PlotOHLC( bbt, bbt, bbb, bbb, "", ColorBlend( Color, GetChartBkColor(), 0.8 ), styleNoLabel | styleCloud | styleNoRescale, Null, Null, Null, -1 ); _SECTION_END(); _SECTION_END();
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