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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Wilson Sentiment Index for Amibroker (AFL)
Translated from Metastock code from the book “The Next Step to Trading Success” by Leon Wilson.
By Xswingtrader at xswingtrader@gmail.com
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Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 | MaxVol=2* EMA ( V ,50); Adjustment= V -( V -MaxVol); Value= IIf ( V >MaxVol,Adjustment, IIf ( V <MaxVol, V , V )); Up= IIf ( C > Ref ( C ,-1),( C - Ref ( C ,-1))*Value,( C - Ref ( C ,-1))*Value); Down= IIf ( C < Ref ( C ,-1),( Ref ( C ,-1)- C )*Value,( Ref ( C ,-1)- C )*Value); S= EMA ( Sum (up,21)- Sum (down,21),3); Plot ( S, "Sentiment Index" , ParamColor ( "SI Color" , colorBlue ), ParamStyle ( "SI Style" , styleHistogram | styleThick )); Plot (0, "" , ParamColor ( "ZeroColor" , colorRed ), styleLine ); |
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