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Modified dahl oscillator for Amibroker (AFL)
Rating:
4 / 5 (Votes 2)
Tags:
oscillator, trading system, amibroker, optimize
Modified formula from original DAHL with 14 simple average. Used TEMA instead of simple MA, added parameters and optimization. Good also for trading system (as indicator to be used with 10 and 90 levels also).
Author: Hans
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Indicator / Formula
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/*Dahl Oscillator TS modificato (TEMA) */
P=14;Q=34;R=9;AV=6;
p = Optimize("Period",P,3,25,1);
q = Optimize("Q ",Q,20,36,2);
//r = Optimize("R lookback",R,5,25,1);
Av = Optimize("S Average",AV,2,30,2);
M=MA(C,q);
Dahl = TEMA( ( M - Ref(M,-p)- LLV (M - Ref(M,-p),r) )/(HHV(M - Ref(M,-p),r)-(LLV(M - Ref(M,-p),r))),r)*100 ;
Buy = Cover = Cross (dahl, MA(Dahl,av));
Short = Sell = Cross (MA(Dahl,av), dahl);
GraphXSpace=2;
Plot(Dahl,"Dahl",4,4);
Plot(MA(Dahl,av),"Avg",7,4);1 comments
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very good trading system, thank you so much !