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Percent Bands for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, bands
percent bands
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Percent Bands"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1 ); Width = Param("Width%", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorCycle ); Style = ParamStyle("Style"); CenterLine = MA( P, Periods ); Plot( (1 + Width * 0.01) * CenterLine, "%EnvTop" + _PARAM_VALUES(), Color, Style ); Plot( (1 - Width * 0.01) * CenterLine, "%EnvBot" + _PARAM_VALUES(), Color, Style ); _SECTION_END();
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