Colour Candle
Utilizing the Amibroker data feed to decode color-coded candlestick patterns is pivotal. Crafting an Amibroker AFL centered around these patterns aids traders in swiftly identifying market sentiment shifts and adjusting strategies accordingly for optimized trading outcomes.
/_SECTION_BEGIN("KPL");
no=Param( "Swing", 2, 1, 55 );
tsl_col=ParamColor( "Color", colorCycle );
res=HHV(H,no);
sup=LLV(L,no);
avd=IIf(C>Ref(res,-1),1,IIf(C tsl;
Sell1= tsl n AND Aroon_Osc -n;
Buy = Buy1 AND Buy2;
Sell = Sell1 AND Sell2;
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ), 0, IIf( Buy, Low,High));
_SECTION_END();
_SECTION_BEGIN("EMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();
_SECTION_BEGIN("EMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();