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Trend Quality Indicator for Amibroker (AFL)

indrajit_16 about 16 years ago Amibroker (AFL)

  • Rating:
    5 / 5 (Votes 2)
  • Tags:
    oscillator, amibroker

The indicator detects the trend strength. Use it with any trend following system like Chandelier Exit or KBrain. The indicator will detect trend strength and will help noting false signals.

Screenshots

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4 comments

over 14 years ago

This indicator, appeared in one of the issue in TASC magazine, can be used as a filter for trend. Up Trend when Signal >1 and Down Trend <-1.

over 13 years ago

I am a newbie, I just know VBA and some database language. Can you please help on how to make it for scan? thanks a lot.

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