Grtr Fool Zone
Grtr Fool Zone could refer to a color-coded indicator or system representing bullish and bearish signals. Traders can utilize Amibroker AFL to create Grtr Fool Zone 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( "MA Envelope" );
Type = ParamList( "Avg. Type", "SMA,EMA" );
P = ParamField( "Price field", -1 );
Periods = Param( "Avg. Periods", 20, 2, 300, 1, 10 );
F = Param( "Filter %", 5, 0.05, 100, 1 );
if ( Type == "SMA" )
A = MA( P, Periods );
if ( Type == "EMA" )
A = EMA( P, Periods );
EnvUp = A + A * F / 100;
EnvDn = A - A * F / 100;
Plot( A, _DEFAULT_NAME(), IIf( Ref( A, 0 ) > Ref( A, -1 ), ParamColor( "ColorUp", colorWhite ), ParamColor( "ColorDown", colorOrange ) ), ParamStyle( "Style", styleThick ) );
Plot( EnvUp, "EnvUp", ParamColor( "EnvUp Color", colorRed ), styleThick + styleNoLabel );
Plot(C,"",colorBlue,styleCandle,styleThick);
Plot( EnvDn, "EnvDn", ParamColor( "EnvDn Color", colorGreen ), styleThick + styleNoLabel );
PlotOHLC( EnvUp, EnvDn, EnvUp, EnvDn, "", ParamColor( "Envelope Color", colorDarkOliveGreen ), styleCloud | 4096 );