Hist Vinod
The Hist Vinod indicator tracks price trends by plotting the highest high and lowest low prices over a defined period. It assists traders in identifying potential trend reversals or continuations. Integrating Amibroker data feed enhances Hist Vinod analysis, providing real-time market information essential for accurate identification of pivotal price levels and making informed trading decisions.
/_SECTION_BEGIN("MACD HIst");
SetChartBkColor( colorBlack ) ;
f = Param("fast ema",12,1,50,1);
s = Param("Slow ema",26,2,100,1);
t = Param ("signal",9,1,50,1);
A1=EMA(C,f)-EMA(C,s);
a2 = EMA(a1,t);
Hist = a1-a2;
em = EMA(Hist,2);
col_hist= IIf(Hist > BBandTop( Hist, 5, 0.5 ),colorDarkGreen,IIf(Hist < BBandBot( Hist, 5, 0.5 ),colorDarkRed,colorYellow));
Plot (Hist,"Histogram",IIf(hist> Ref(hist,-1),colorBrightGreen,colorRed), styleLine+styleThick);
Plot (Hist,"",col_hist, styleHistogram+styleNoLabel);
Plot (EM,"trgger",IIf(em > Ref(em,-1),colorAqua,colorBrown), styleLine);
Plot(0,"",31,styleNoLabel);
_SECTION_END();
ST33= Hist;
bars=50;
TR1= LLVBars(ST33,5);
COND1=TR1> 0 AND Ref(TR1,-1)==0 AND Ref(ST33,-1)<0;
TR2= IIf(COND1,Ref(ST33,-1),0);
M1= ValueWhen(COND1,ST33);
P1= ValueWhen(COND1,LLV(L,3));
DM1=M1- Ref(M1,-1);DP1=P1-Ref(P1,-1);
DT= Ref(BarsSince(COND1),-1);
POSDIV1=DM1> 0 AND DP1<0 AND DT 0 AND Ref(TR11,-1)==0 AND Ref(ST33,-1)>0;
TR21= IIf(COND11,Ref(ST33,-1),0);
M11= ValueWhen(COND11,ST33);
P11= ValueWhen(COND11,HHV(H,3));
DM11=M11- Ref(M11,-1);DP11=P11-Ref(P11,-1);
DT1= Ref(BarsSince(COND11),-1);
NEGDIV1=DM11< 0 AND DP11>0 AND DT1