Buy Above Blue Line Sell Below Red Line - aflcode.com | Latest collection of Amibroker afl 2023

Buy Above Blue Line Sell Below Red Line

//www.aflcode.com
_SECTION_BEGIN("");
Length=15; 
Smooth=3; 
FixV=5; 
Factor=1; 
//Chande oscillator 
cmopds=Length; 
CMO_1=Sum( IIf( C > Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,cmopds ) ; 
CMO_2=Sum( IIf( C < Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ,0 ) ,cmopds ); 
CMO=100 * (( CMO_1 -CMO_2) /( CMO_1+CMO_2)); 
AbsCMO=( abs(CMO) )/100; 
SC=2/(Smooth+1); 

Chaloke=AMA( C, SC*AbsCMO ); 
Sys2Up=Chaloke+(Factor*StDev(Chaloke,FixV)); 
Sys2Dn=Chaloke-(Factor*StDev(Chaloke,FixV)); 
Chaloke_Color=IIf(C > sys2up ,colorBrightGreen,IIf(C < sys2dn ,colorRed,colorBlack)); 

Plot(Chaloke,"",colorBlack,styleLine); 
Plot(Sys2Up,"Sys2Up",colorBlue,styleLine); 
Plot(sys2Dn,"Sys2Dn",colorRed,styleLine); 
Plot(C,"Close",Chaloke_Color,64); 
_SECTION_END();