GreenRed
GreenRed could refer to a color-coded indicator or system representing bullish and bearish signals. Traders can utilize Amibroker AFL to create GreenRed indicators or systems that visually display market sentiment changes. Integration with Amibroker data feed ensures timely visualization of these color-coded signals for decision-making.
/_SECTION_BEGIN("GreenRed");
Title = Name() +" "+ WriteVal( DateTime(), formatDateTime )+" "+"Open: "+WriteVal(O,1.0)+" "+" Hi: "+WriteVal(H,1.0)+" "+" Low: "+WriteVal(L,1.0)+" "+" Close: "+WriteVal(C,1.0)+" Volume: "+WriteVal(V,1);
F1=ValueWhen(HRef(L,-2) AND Ref(L,-1)>Ref(L,-2) AND
Ref(L,-3)>Ref(L,-2) AND Ref(L,-4)>Ref(L,-2),Ref(L,-2),1);
A=Cross(H,F1);
b=Cross(F2,L);
Buy=BarsSince(A)BarsSince(b);
Cover=Buy;
Short=Sell;
//Buy=ExRem(Buy,Sell);
//Sell=ExRem(Sell,Buy);
//Cover=ExRem(Cover,Short);
//Short=ExRem(Short,Cover);
//X = Buy OR Sell OR Null;
barcolor=IIf(Buy,colorGreen,IIf(Sell,colorRed,colorWhite));
Plot(Close, "C: ", barcolor, styleBar);
Plot(MA(C,18), "18-day SMA", colorRed, 4);
_SECTION_END();