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Abs Insynk MA for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker
here is an indicator some may find useful, or can improve upon. basically, an overbought, oversold indicator.
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Indicator / Formula
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p1=IIf(C>MA(C,20),1,IIf(C<MA(C,20),-1,0));
p2=IIf(C>MA(C,30),1,IIf(C<MA(C,30),-1,0));
p3=IIf(C>MA(C,5),1,IIf(C<MA(C,5),-1,0));
p4=IIf(C>MA(C,15),1,IIf(C<MA(C,15),-1,0));
p5=IIf(C>MA(C,60),1,IIf(C<MA(C,60),-1,0));
p6=IIf(C>MA(C,10),1,IIf(C<MA(C,10),-1,0));
p7=IIf(C>MA(C,25),1,IIf(C<MA(C,25),-1,0));
d1=(p1+p2+p3+p4+p5+p6+p7)/7;
C5=round(d1);
Plot(C5,"INSYK H",ParamColor("BLUE",colorBlue),
ParamStyle("style",0,maskAll));2 comments
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Fantastic afl
Hi,
It is a innovative concept !!!
Thanks a lot.