HL Blue Line
Amibroker’s robust data feed functionality is crucial for accurate market analysis. Seamless integration of data from various sources ensures traders have access to real-time, high-quality information. Whether analyzing trends or backtesting strategies using Amibroker AFL, a dependable data feed forms the backbone, providing the necessary foundation for informed decision-making in the dynamic world of trading.
/_SECTION_BEGIN("HLCby3");
pivot = (H +L+C)/3;
piv = EMA (pivot,Optimize("short ema",10,1,20,1));
piv2 = EMA (pivot,Optimize("fast ema",20,1,50,1));
Buy = Cross (piv, piv2);
Short = Cross (piv2,piv);
Sell = Short;
Cover = Buy;
pivot_col = IIf (pivot > Ref(pivot,-1), colorBlue,colorRed);
piv_col = IIf (piv > Ref(piv,-1), colorBlue,colorRed);
piv2_col = IIf (piv2 > Ref(piv2,-1),colorBlue, colorRed);
//Plot (pivot , "pivot", piv_col, styleThick);
bar_col = IIf (MACD( 5, 34 ) > Signal( 5, 34, 14 ), colorBlue, colorRed);
//Plot (pivot , "pivot", pivot_col, styleThick);
Plot (piv , "piv", piv_col, styleThick);
Plot (piv2 , "piv2", piv2_col, styleThick);
Col = IIf (H > Ref(H,-1) AND L > Ref(L,-1), colorBlue, IIf (Low < Ref(L,-1) AND High < Ref(H,-1),colorRed, colorYellow));
Plot( C, "Close", bar_Col, styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
PlotShapes (shapeUpArrow*Buy, colorGreen);
PlotShapes (shapeDownArrow*Short, colorRed);
//pv_col = IIf ( ADX(9) > Ref(ADX(9),-1) AND PDI( 9 ) > MDI( 9 ),colorBlue,IIf (ADX(9) > Ref(ADX(9),-1) AND PDI( 9 ) < MDI( 9 ),colorRed, colorYellow));
pv_col = IIf ( piv_col == colorBlue AND piv2_col ==colorBlue,colorBlue,IIf ( piv_col == colorRed AND piv2_col ==colorRed,colorRed,colorYellow));
Plot(3, "ribbon", piv_col, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();