Aroon Oscillator Buy Sell Zone AF - aflcode.com | Latest collection of Amibroker afl 2023

Aroon Oscillator Buy Sell Zone AF

//www.aflcode.com
_SECTION_BEGIN("aroon oscillator ");
Period = Param("Period",14,1,100,1);

n = Param("ref level",95,50,100,1);


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

Aroon_Down = 100 * (Period - LLVBarsSince) / (Period - 1);
Aroon_Up   = 100 * (Period - HHVBarsSince) / (Period - 1);
Aroon_Osc  = Aroon_Up - Aroon_Down;

Sell= Ref(Aroon_Osc,-1)>n AND Aroon_Osc <n;
Buy= Ref(Aroon_Osc,-1)<-n AND Aroon_Osc >-n;
Plot( Aroon_Osc, "Aroon osc", IIf(Buy,colorBrightGreen,IIf(Sell,colorRed,colorYellow)), Style = 1);
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ), 0, IIf( Buy, -n,n));

_SECTION_END();