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MFI MinMax colored for Amibroker (AFL)

danaoy almost 16 years ago Amibroker (AFL)

  • Rating:
    4 / 5 (Votes 5)
  • Tags:
    oscillator, amibroker

It is great to understand how the trend is bullish and bearish.

Screenshots

Indicator / Formula

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_SECTION_BEGIN("MFIMinMax");
SetChartOptions(0,0,chartGrid30|chartGrid50|chartGrid70);
periods = Param( "Periods", 14, 2, 200, 1 );
maxClip = Param( "maxClip", 80, 1, 100, 1 );
minClip = Param( "minClip", 20, 1, 100, 1 );

Plot( MFI( periods), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ),
ParamStyle("Style") );

r = MFI(periods);
PlotOHLC( r,r,50,r, "", IIf( r > 50, colorRed, colorBrightGreen ), styleCloud |
styleNoLabel | styleClipMinMax, minClip, maxClip );
_SECTION_END();

6 comments

almost 16 years ago

Divergences between prices and the MFI are really something!
Thanks for the formula.

over 15 years ago

thanks. it it what i wanted. the basic indicators with color. thanks. where other basic indicators like RSI and CCI with color.

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