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Trend Manager by Karthikmarar for Amibroker (AFL)
This is the Trend Manager translated from Metatrader 4 to Amibroker by karithikmara. Works with Amibroker 5.10 and above.
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Indicator / Formula
//Trend Manager- Translated by karthikmarar from MT4 code for inditraders.com forum //AFL works on amibroker version 5.20 and above SetChartBkColor(colorBlack); p=Param("period",7,3,20,1); pl1=ParamToggle("Plot Stoploss line","No,Yes",0); pl2=ParamToggle("Plot Setup signals","No,Yes",0); Hx=IIf(H<Ref(H,-p),Ref(H,-p),H); Lx=IIf(L>Ref(L,-p),Ref(L,-p),L); Hxl=IIf(H<Ref(H,-p),Ref(H,-p),H); Lxl=IIf(L>Ref(L,-p),Ref(L,-p),L); spana=(Hx+Lx)/2; spanb=Ref(spana,-2); for( i = p; i < BarCount; i++ ) { if (spana[i]>spanb[i]) { H1[i]=spana[i]; L1[i]=spanb[i]; O1[i]=L1[i]; C1[i]=H1[i]; } else { H1[i]=spanb[i]; L1[i]=spana[i]; O1[i]=H1[i]; C1[i]=L1[i]; } } SetBarFillColor( IIf(C>spanb,colorBlue,colorRed) ); PlotOHLC(O1,H1,L1,C1,"",IIf(H>spana,colorBlack,colorBlack),ParamStyle("Plot Style",styleBar,maskPrice)); Plot(C,"",ParamColor("Bar Color",colorLime),128+4); pd=(C>spanb AND Ref(C,-1)>Ref(spanb,-1)); nd=(C<spana AND Ref(C,-1)<Ref(spana,-1)); Buysetup= PD; Shortsetup=nd; Buysetupvalid=Flip (Buysetup, Shortsetup); Shortsetupvalid=Flip (Shortsetup, Buysetup); Buy=Cover= Ref (Buysetupvalid, - 1) ==1 AND H>ValueWhen (buysetup, H) +0.01; Short=Sell=Ref (Shortsetupvalid, - 1) ==1 AND L<ValueWhen (Shortsetup, L) - 0.01; Buy=ExRem (Buy, Sell); Sell=ExRem (Sell, Buy); Short=ExRem (Short, Cover); Cover=ExRem (Cover, Short); inlong=Flip(Buy,Sell); inshort=Flip(Sell,Buy); Plot(IIf(Buysetup AND pl1,spanb,Null),"",colorRed,styleDashed); Plot(IIf(shortsetup AND pl1,spanb,Null),"",colorRed,styleDashed); shortsetupvalid=ExRem (shortsetupvalid, buysetupvalid); buysetupvalid=ExRem (buysetupvalid, shortsetupvalid); PlotShapes (IIf (shortsetupvalid AND pl2,shapeDownTriangle, shapeNone), colorRed, 0, H, - 40); PlotShapes (IIf (buysetupvalid AND pl2,shapeUpTriangle, shapeNone), colorGreen, 0, L, - 40); SetChartOptions(0,chartShowArrows|chartShowDates); Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )+ "\n"+"tm High = "+WriteVal(spana,1.4) + "\n"+"tm Low = "+WriteVal(spanb,1.4);
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can this be converted to amibroker 4.80
Remove line 34 and I think it should work. Not 100% sure though.
good