Impulse Chart
Simplifying market analysis, this AFL focuses explicitly on the impulse component, providing a clearer picture of price momentum. The integration of AmiBroker data feeds refines the precision of this indicator, empowering traders with a focused tool for trend identification.
/_SECTION_BEGIN("Trend Bars");
x = MA(C,4); //4-day MA
y = MA(C,9); //9-day MA
z = MA(C,18); // 18-day MA
sideways = IIf(y > z AND x < y,1,0);
sideways1 = IIf(y < z AND x > y,1,0);
upt = IIf(x > y AND y > z,1,0);
dnt = IIf(x < y AND y < z,1,0);
Plot( 1, "", IIf(sideways OR sideways1, colorDarkBlue, IIf(upt, colorDarkGreen, IIf(dnt, colorDarkRed,0))), styleOwnScale|styleArea|styleNoLabel, -0.1, 50 );
Color = IIf(C > O, colorGreen, colorRed);
SetChartOptions( 0, chartShowDates | chartShowArrows | chartLogarithmic | chartWrapTitle );
_N( Title = StrFormat( "{{NAME}} - " + SectorID( 1 ) + " - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " + WriteVal( V, 1.0 ) + " {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ) );
Plot( C, "Close", colorRose, styleCandle | styleNoTitle | ParamStyle( "Style" ) | GetPriceStyle() );
if ( ParamToggle( "Tooltip shows", "All Values|Only Prices" ) )
{
ToolTip = StrFormat( "Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: " + NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 ) ) );
}
Plot(EMA(C,9), "EMA(9)", colorRed);
Plot(EMA(C,18), "EMA(18)", colorGreen);
_SECTION_END();
_SECTION_BEGIN("Elders Impulse");
macShort = Param("MACD Short MA",12,1,100,1);
macLong = Param("MACD Long MA",26,1,100,1);
macSmooth = Param("MACD Smoothing Period",9,1,100,1);
EMAp = Param("Short EMA",13,1,40,1);
macTime = Param("Time Ratio",1,22,1);
macShort = macShort*macTime;
macLong = macLong*macTime;
macSmooth = macSmooth*macTime;
EMAvg = EMAp*MacTime;
//{ do long impulse next }
mac = EMA(C,macShort)-EMA(C,macLong);
MacSig = EMA(mac,macSmooth);
macplot = (mac-MacSig);
impulse = IIf(macplot >= Ref(macplot,-macTime), 1,0)+IIf(Close > EMA(Close,EMAp),1,0)-1;
//Plot(impulse, "", colorRed);
//PlotGrid(0, colorLightGrey);
a = IIf(impulse>0,1,0); //{ Buy OK}
b = IIf(impulse<0,1,0); //{ Sell OK}
state=IIf(BarsSince(a)Ref(state,-1);
Sell = state