Get all type of tested and working Amibroker afl for free

Colorful MACD Buy Sell Signals


How to use Colorful MACD Buy Sell Signals Amibroker afl?

Colorful MACD Buy Sell Signals is modified MACD indicator. It gives cloud style fast and slow moving averages. Colorful MACD Buy Sell Signals afl has buy sell arrows for easy use. Colorful MACD Buy Sell Signals afl can be used as an additional confirmation. Use it with any chart and any time frame. It works great in all time frame.

Colorful MACD Buy Sell Signals
Colorful MACD Buy Sell Signals

//www.aflcode.com
_SECTION_BEGIN("MACD"); 
r1 = Param( "Fast avg", 12, 2, 200, 1 ); 
r2 = Param( "Slow avg", 26, 2, 200, 1 ); 
r3 = Param( "Signal avg", 9, 2, 200, 1 ); 

MACDstyle = ParamStyle("MACD style"); 
Signalstyle = ParamStyle("Signal style"); 
Histstyle = ParamStyle("Histogram style", styleHistogram | styleThick | styleNoLabel, maskHistogram ); 

MACDcolor = ParamColor( "Macd One Color", colorRed ); 
Signalcolor = ParamColor( "Signal Color", colorBlue ); 
Histcolor = ParamColor( "Histogram One Color", colorRed ); 

TitleText = StrFormat("MACD " + "(%g,%g)", r1, r2); 
PlotGrid( 0 ); 
_SECTION_END(); _SECTION_END (); 

_SECTION_BEGIN("MACD Color"); 
dyncolorswitch = ParamToggle("Macd Color","On,Off"); 
dynamic_color = IIf( MACD(r1, r2) > Ref(MACD(r1, r2),-1), ParamColor("Macd Up Color", colorGreen ), ParamColor("Macd Down Color", colorRed )); 
Plot( ml = MACD(r1, r2), TitleText, IIf(dyncolorswitch, MACDcolor , dynamic_color), MACDstyle ); 
Plot( sl = Signal(r1,r2,r3), "Signal" + _PARAM_VALUES(), Signalcolor, Signalstyle ); 
_SECTION_END(); _SECTION_END (); 

_SECTION_BEGIN("Histogram Color"); 
Histogramswitch = ParamToggle("Histogram Color","On,Off"); 
Histogram_color = IIf( ml-sl > Ref(ml-sl,-1), ParamColor("Hist Up Color", colorGreen ), ParamColor("Hist Down Color", colorRed )); 
Plot( ml-sl, "MACD Histogram", IIf(Histogramswitch, Histcolor , Histogram_color), styleNoTitle | Histstyle ); 
_SECTION_END(); _SECTION_END (); 

_SECTION_BEGIN("Buy Sell Arrows"); 
shapesSignalswitch = ParamToggle("Cross Signal Arrows","On,Off"); 
UPcolor = ParamColor( "UP Color", colorGreen ); 
DOWNcolor = ParamColor( "Down Color", colorRed ); 
Buy=Cross( MACD(), Signal() ); 
Sell=Cross( Signal(), MACD() ); 
shape = Buy * shapeUpArrow + Sell * shapeDownArrow; 
PlotShapes( IIf(shapesSignalswitch,-1e10,shape), IIf( Buy, UPcolor, DOWNcolor )); 
_SECTION_END(); 

_SECTION_BEGIN("Fill Color"); 
m = MACD(r1, r2); 
s = Signal(r1,r2,r3); 
Cloudswitch = ParamToggle("Fill Color","On,Off"); 
dynamic_color = IIf( m > s, ParamColor("Down Color", colorSeaGreen ), ParamColor("Up Color", colorOrange )); 
PlotOHLC( IIf(Cloudswitch,-1e10,m),IIf(Cloudswitch,-1e10,m),IIf(Cloudswitch,-1e10,s),IIf(Cloudswitch,-1e10,m), "", dynamic_color, styleNoLabel | styleCloud ); 
_SECTION_END(); _SECTION_END (); 

Previous
Next Post »