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#1 Selling Amibroker Plugin featuring:
Vortex Oscillator for Amibroker (AFL)
The vortex indicator was developed as a new directional movement indicator, drawing inspiration from J. Welles Wilders directional movement indicator, as well as another unrelated and improved directional indicator. This is the vortex indicator converted to an oscillator.
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("Vortex Oscillator"); // Vortex Indicator // S&C Traders Tips Jan 2010 SetChartBkColor(colorBlack); SetBarsRequired(sbrAll); period = Param("Period", 21, 2 ); VMP = Sum( abs( H - Ref( L, -1 ) ), period ); VMM = Sum( abs( L - Ref( H, -1 ) ), period ); STR = Sum( ATR( 10 ), period ); VIP = VMP / STR; VIM = VMM / STR; K1=VIP-VIM; K=TEMA(K1,7); ifish=EMA(EMA(EMA(EMA(K,3),3),3),3); Color=IIf(ifish>0,IIf(ifish>Ref(ifish,-1),colorGreen,colorYellow),IIf(ifish>Ref(ifish,-1),colorBlue,colorRed)); Plot(ifish," Vortex Oscillator ",Color,styleHistogram | styleThick, maskHistogram); Plot(0,"",colorYellow,styleDashed); _SECTION_END();
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