Bullish Outside Bar for Amibroker (AFL)
debug2043 almost 2 years ago Amibroker (AFL)
Bullish Outside Bar which will compare today’s low to yday’s low and today’s close to yday’s high
Indicator / Formula
Copy & Paste Friendly
BullishOutsideBar = Low < Ref(Low,-1)
AND Close > (Ref(High,-1));
Plot (BullishOutsideBar, "Bullish Outside Bar", colorAqua);
Buy = BullishOutsideBar;
Sell = 0;
period = 20; // number of averaging periods
m = MA( Close, period ); // simple moving average
Buy = Cross( Close, m ); // buy when close crosses ABOVE moving average
Sell = Cross( m, Close ); // sell when closes crosses BELOW moving average0 comments
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