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#1 Selling Amibroker Plugin featuring:
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Chande's Trend Score for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker
This is the Chande’s Trend Score for Amibroker.
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 | SmoothingPeriod = 5;CTS=IIf(C>=Ref(C,-11),1,-1)+IIf(C>=Ref(C,-12),1,-1)+IIf(C>=Ref(C,-13),1,-1)+IIf(C>=Ref(C,-14),1,-1)+IIf(C>=Ref(C,-15),1,-1)+IIf(C>=Ref(C,-16),1,-1)+IIf(C>=Ref(C,-17),1,-1)+IIf(C>=Ref(C,-18),1,-1)+IIf(C>=Ref(C,-19),1,-1)+IIf(C>=Ref(C,-20),1,-1);CTSM = WMA(CTS,SmoothingPeriod);Histo = IIf(CTSM==10,5,IIf(CTS==-10,-5,Null)); Plot(CTSM, "CTSM", colorBlack, styleLine );Plot(Histo, "", colorGreen, styleHistogram );Plot(12,"",colorRed,styleLine);Plot(-12,"",colorRed,styleLine); |
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can anyone tell me how to use this indicator.. thanks
Try here:
http://stockstudent.blogspot.com/2008/03/yangzijiang-trend-score-case-study.html