MACD BB Indicator development for Amibroker

#11
Mr. Casoni thanks for the afl secondly will u explain the pink dots what do they mean pls rest will check it out during mkt hours live and provide u the details hope to hear soon regards
 

casoni

Well-Known Member
#12
Mr. Casoni thanks for the afl secondly will u explain the pink dots what do they mean pls rest will check it out during mkt hours live and provide u the details hope to hear soon regards
Hello,
pink dots are plotted when macd is less then its previous value and it is above zero line.[ a1>0 AND a1<Ref(a1,-1),colorCustom12 ] .........red is plotted when macd is less then previos valoue and it is below zero level
i did as condition described in pdf...
Thank you
 
#13
Mr. casoni really i would like to thank u personally for the afl it works superb i have tested it and again would like to thank u also can u add a breakout point for different time frame in this afl

hope to hear soon

regards
 

rocky01

Active Member
#17
HI FRIEND ,UR INDICATOR IS AWSUM INDICATOR BUT CAN U TRANSFER BOLLINGER BAND IT INTO PRICE TERMS .....????

A1=EMA(C,12)-EMA(C,26);
BBtop=BBandTop(A1,10,1);
BBbot=BBandBot(A1,10,1);
 

hitesh

Active Member
#19
SIR CAN YOU TRANSFORM THIS BAND INTO PRICE TERMS...??????

A1=EMA(C,12)-EMA(C,26);
BBtop=BBandTop(A1,10,1);
BBbot=BBandBot(A1,10,1);
Hello rocky,
This might help U.

_SECTION_BEGIN("Price + BolingerBand");
A1=C;
BBtop=BBandTop(A1,10,1);
BBbot=BBandBot(A1,10,1);

Plot(a1,"c",colorWhite,styleDots+styleLine);
Plot(BBtop,"BBtop",colorDarkGreen,styleDashed);
Plot(BBbot,"BBbot",colorDarkRed,styleDashed);
_SECTION_END();
 

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