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Bollinger Fibonacci Bands for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker, bands, fibonacci
Boll-Fib bands as used on the VT Forex trading platform.
By Beachie41
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 | // Bollinger Fibonacci Bands - Beachie41 26/11/04 ///* as used in the VT trading platform - see outline of FX trading system by mezarashii on Moneytec http://www.moneytec.com/forums/_showthread/_threadid-11630/_s- */GraphXSpace = 3;per = Param("Period",20,10,55,1);TH =IIf(Ref(C,-1) > H,Ref(C,-1),H);TL=IIf(Ref(C,-1) < L,Ref(C,-1),L);TR = TH-TL;TRa= Wilders(TR,per);UpperBand3 =MA( C, per) + ( 4.2360 * TRa);UpperBand2=MA( C, per) + ( 2.6180 * TRa);UpperBand1=MA( C, per) + ( 1.6180 * TRa);MidPoint=MA(C, per);LowerBand1=MA( C, per) - ( 1.6180 * TRa);LowerBand2=MA( C, per) - ( 2.6180 * TRa);LowerBand3=MA( C, per) - ( 4.2360 * TRa);Plot(MidPoint,"",colorGreen,4);Plot(UpperBand1,"",colorRed,1);Plot(LowerBand1,"",colorRed,1);Plot(UpperBand2,"",colorAqua,1);Plot(LowerBand2,"",colorAqua,1);Plot(UpperBand3,"",colorYellow,1);Plot(LowerBand3,"",colorYellow,1);PlotOHLC(O,H,L,C,"",colorWhite,64); |
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