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candle with better color for Amibroker (AFL)
Rating:
4 / 5 (Votes 2)
Tags:
amibroker, candlestick
Candlesticks with better colors.
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Indicator / Formula
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_SECTION_BEGIN("Price BetterColor "); Period = Param("Period", 20, 2, 300, 1, 10 ); LowColor = colorYellow; ClimaxColor = colorRed; ChurnColor = colorGreen; ClimaxChurnColor=colorBlue; LowChurnColor= colorWhite; Value1 = C; Value2 = C*(H-L); Value3 = C/(H-L); BarColor = IIf( (Value1 == LLV(Value1,Period)), LowColor, IIf( (Value2 == HHV(Value2,Period)), ClimaxColor, IIf( (Value3 == HHV(Value3,Period)), ChurnColor, IIf( ((Value2 == HHV(Value2,Period) AND (Value3 == HHV(Value3,Period)))), ClimaxChurnColor, IIf( (Value3 == LLV(Value3,Period)), LowChurnColor, colorBlueGrey))))); _SECTION_END(); _SECTION_BEGIN("Price"); Plot(C, "", BarColor, styleCandle); ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 ))); _SECTION_END();
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Excellent, thank you. Just to clarify, when you say “Churn”, you mean Change of Direction, right?
http://dhaka-classy.blogspot.com/2011/05/better-volume-indicator-for-amibroker.html