Linkon Cam System 16 JMX Col Bar 3
This particular AFL, Linkon Cam System 16 JMX Col Bar 3, suggests a more complex system involving multiple components such as JMX and color bar indicators. The integration of Amibroker data feed here indicates a reliance on market data to compute and generate signals based on the specified parameters. The ‘System 16’ might refer to a defined methodology or strategy embedded within the AFL.
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//Trend Manager- Translated by karthikmarar from MT4 code for inditraders.com forum
//AFL works on amibroker version 5.20 and above
SetChartBkColor(colorBlack);
p=Param("period",7,3,20,1);
pl1=ParamToggle("Plot Stoploss line","No,Yes",0);
pl2=ParamToggle("Plot Setup signals","No,Yes",0);
Hx=IIf(HRef(L,-p),Ref(L,-p),L);
Hxl=IIf(HRef(L,-p),Ref(L,-p),L);
spana=(Hx+Lx)/2;
spanb=Ref(spana,-2);
for( i = p; i < BarCount; i++ )
{
if (spana[i]>spanb[i])
{
H1[i]=spana[i];
L1[i]=spanb[i];
O1[i]=L1[i];
C1[i]=H1[i];
}
else
{
H1[i]=spanb[i];
L1[i]=spana[i];
O1[i]=H1[i];
C1[i]=L1[i];
}
}
SetBarFillColor( IIf(C>spanb,colorBlue,colorRed) );
PlotOHLC(O1,H1,L1,C1,"",IIf(H>spana,colorBlack,colorBlack),ParamStyle("Plot Style",styleBar,maskPrice));
Plot(C,"",ParamColor("Bar Color",colorLime),128+4);
pd=(C>spanb AND Ref(C,-1)>Ref(spanb,-1));
nd=(CValueWhen (buysetup, H) +0.01;
Short=Sell=Ref (Shortsetupvalid, - 1) ==1 AND L