Accurate Buy Sell Signals Aroon Indicator - aflcode.com | Latest collection of Amibroker afl 2023

Accurate Buy Sell Signals Aroon Indicator
//www.aflcode.com
// Aroon Indicator


_SECTION_BEGIN("Aroon");
if( ParamToggle("Tooltip Shows", "Aroon|Prices" ) )
{
ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}
Aroonswitch = ParamToggle("Aroon","On,Off");
Periods = Param("Aroon Periods", 14, 1, 100, 1 );
_SECTION_END();

_SECTION_BEGIN("Aroon_UP");
UPcolor = ParamColor( "Aroon_UP Color", colorGreen );
UPstyle = ParamStyle("Aroon_UP Style",styleThick);
_SECTION_END();

_SECTION_BEGIN("Aroon_DN");
DNcolor = ParamColor( "Aroon_DN Color", colorRed );
DNstyle = ParamStyle("Aroon_DN Style",styleThick);
_SECTION_END();

_SECTION_BEGIN("Aroon_Oscillator");
OSswitch = ParamToggle("Aroon_OSc","On,Off");
OScolor = ParamColor( "Aroon_OSc Color", colorBlack );
OSstyle = ParamStyle("Aroon_OSc Style",styleHistogram | styleOwnScale, maskHistogram );
_SECTION_END();

HHVBarsSince = HHVBars(H, Periods+1);
LLVBarsSince = LLVBars(L, Periods+1);

Aroon_Up = ((Periods - HHVBarsSince) / Periods) * 100;
Aroon_Down = ((Periods - LLVBarsSince) / Periods) * 100;
Aroon_Osc = Aroon_Up - Aroon_Down;

Plot(IIf(Aroonswitch,Null,Aroon_Up),"Aroon_Up",UPcolor,UPstyle);
Plot(IIf(Aroonswitch,Null,Aroon_Down),"Aroon_Down",DNcolor,DNstyle);
Plot(IIf(OSswitch,Null,Aroon_Osc),"Aroon_Osc",OScolor,OSstyle);

UPline = Param("Upper Limit",80,50,100,1);
DNline = Param("Down Limit",20,1,50,1);
Plot(UPline,"",ParamColor("Upper Limit Color",4),ParamStyle("Upper Limit Style",styleNoLabel+styleDashed ));
Plot(DNline,"",ParamColor("Down Limit Color",5),ParamStyle("Down Limit Style",styleNoLabel+styleDashed ));
Plot(50,"",6, ParamStyle("Center Line Style",styleNoLabel ));

_SECTION_BEGIN("Fill Color");
Fillswitch = ParamToggle("Fill Color1","On,Off");
r1 = Aroon_down;
r2 = Aroon_Up;
FillColor = IIf( r1 > 50 OR r2 < 50, ParamColor("Up Fill Color1", colorRose),ParamColor("Down Fill Color1", colorPaleGreen));
if (NOT Fillswitch) PlotOHLC( r1,r1,50,r1, "", FillColor, styleNoLabel | styleCloud | styleClipMinMax, DNline, UPline );
if (NOT Fillswitch) PlotOHLC( r2,r2,50,r2, "", FillColor, styleNoLabel | styleCloud | styleClipMinMax, DNline, UPline );
_SECTION_END();


// ****************************************************************************************
// END OF CODE (ARRON.AFL)
// ****************************************************************************************
/**/
_SECTION_END();

Buy=Cross(Aroon_UP,Aroon_Down);
Sell=Cross(Aroon_Down,Aroon_UP);
PlotShapes(IIf(Buy,shapeUpArrow,shapeNone) ,colorGreen);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed);