Flower volume
The Flower Volume AFL in Amibroker correlates trading volume with the Flower Indicator within specified price ranges. Utilizing Amibroker data feed, this indicator offers insights into volume behavior corresponding to visual flower patterns. Traders use this information to validate market sentiment shifts and potential price movements.
/SetChartOptions(0,chartShowArrows|chartShowDates);
_SECTION_BEGIN("Background_Setting");
SetChartBkGradientFill( ParamColor("BgTop", colorBlack),
ParamColor("BgBottom", colorBlack),ParamColor("titleblock",colorDarkTeal ));
_SECTION_END();
_SECTION_BEGIN("Flower");
Prd1=Param("ATR Period",4,1,20,1);
Prd2=Param("Look Back",7,1,20,1);
green = HHV(LLV(L,Prd1)+ATR(Prd1),Prd2);
red = LLV(HHV(H,Prd1)-ATR(Prd1),Prd2);
flowerClose = EMA((Open+High+Low+Close)/4,3) ;
flowerOpen = EMA((Ref(Open,-1) + Ref(flowerClose,-1))/2,3);
Temp = Max(High, flowerOpen);
flowerHigh = EMA(Max(Temp, flowerClose),3);
Temp = Min(Low,flowerOpen);
flowerLow = EMA(Min(Temp, flowerClose),3);
barColor=IIf(C>Green ,colorBrightGreen,IIf(C < RED,colorRed,colorWhite));
PlotOHLC( IIf(flowerOpen=85;
PlotShapes (IIf(Oversold, shapeSmallCircle, shapeNone) ,colorBrightGreen, layer = 0, yposition = flowerLow, offset = -8 );
PlotShapes (IIf(Overbought, shapeSmallCircle, shapeNone) ,colorRed, layer = 0, yposition = flowerHigh, offset = 7 );
_SECTION_END();
_SECTION_BEGIN("Breakout Setting");
Buyperiods=Param("Breakout periods best is usually 18",5,1,100,1,1); //10 is good for adding
Sellperiods=Param("Exit Breakout",6,1,100,1,1); //4 is good for adding
Buy= C>Ref(HHV(H,Buyperiods),-1);
Sell= O