Month-Year-Volume Low & High for Amibroker (AFL)

This formula is for reading price trend and volume : - Red lines indicate break highs, Blue lines indicate break lows - 1st row : indicates break 3M (3months), 6M & 9M respectively - 2nd row : indicates break 1Y (1year), 2Y & 3Y respectively - 3rd row : indicates volume spike of 2x, 3x, 4x & 5x respectively, above 6month of average ...

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Keltner Band Trading System for Amibroker (AFL)

Keltner Band is a promising indicator to determine trend breakouts accurately. And experienced traders might very well know that catching accurate trend breakouts is as good a finding a fortune. Keltner band calculates the price range based on ATR (average true range), which is different from standard deviation calculation that Bollinger band uses....

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External Relative Strength (RS) for Amibroker (AFL)

ERS measures the stock’s price performance relative to all other listed equities. Basically, it measures how well or poorly a stock is performing relative to its’ peers.You can read more about the ERS hereThis indicator should be run as an exploration to compare to other securities. _SECTION_BEGIN("IBD RS RANKING"); //IBD RS RANKING RSW = 0.4*ROC(C,65)+...

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RWI with Bull vs Bear Warning for Amibroker (AFL)

The random walk index (RWI) is a technical indicator that attempts to determine if a stock’s price movement is random or nature or a result of a statistically significant trend. The random walk index attempts to determine when the market is in a strong uptrend or downtrend by measuring price ranges over N and how it differs from what would be expected...

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Trend Check for Amibroker (AFL)

Trend catcher is a useful indicator for taking the trading decisions,, one can build many strategies using this as a base indicator. Combine this as a reference tool for Candlestick Patterns(not every pattern is successful,, check the trend first) or use it with Support & Resistances,, Gaps,, Fibonacci Retracements,, e.t....

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