MACD RSI BB
Integrating MACD, RSI, and Bollinger Bands, this AFL in Amibroker combines multiple indicators for comprehensive analysis. Utilizing Amibroker data feed, it offers insights into price movements, trend strength, and potential reversals, aiding traders in making well-informed decisions.
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_SECTION_BEGIN("macd BB");
A2=MACD(9,34);
BBtop=BBandTop(A2,5,.5);
BBbot=BBandBot(A2,5,.5);
Color=IIf(a2 > bbtop, colorBlue,IIf(a2 < bbbot, colorRed,colorYellow));
bbtop_col = IIf (BBtop > Ref(BBtop,-1),colorBlue,colorRed);
bbbot_col = IIf (BBbot > Ref(BBbot,-1),colorBlue,colorRed);
Plot(a2,"",color,styleLine);
Plot(Signal(9,34,9),"",colorGreen,styleThick);
Plot(BBtop,"",BBtop_col,styleDashed);
Plot(BBbot,"",BBbot_col,styleDashed);
Plot(0,"",31,1);
Buy_macd = a2 > bbtop;
Sell_macd = a2 < bbbot;
//PlotShapes(Buy*shapeHollowSmallUpTriangle,colorYellow);
//PlotShapes(Sell*shapeHollowSmallDownTriangle,colorYellow);
//Plot(6, "", Color, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();
_SECTION_BEGIN("RSI BB");
A1=EMA(RSI(5),21);
BBtop=BBandTop(A1,5,.5);
BBbot=BBandBot(A1,5,.5);
Color=IIf(a1 > bbtop, colorBlue,IIf(a1 < bbbot, colorRed,colorYellow));
bbtop_col = IIf (BBtop > Ref(BBtop,-1),colorBlue,colorRed);
bbbot_col = IIf (BBbot > Ref(BBbot,-1),colorBlue,colorRed);
//Plot(a1,"",color,styleLine);
//Plot(BBtop,"",BBtop_col,styleDashed);
//Plot(BBbot,"",BBbot_col,styleDashed);
//Plot(50,"",31,1);
Buy_rsi = a1 > bbtop;
Sell_rsi = a1 < bbbot;
Buy = Buy_rsi AND Buy_macd;
Sell = Sell_RSI AND Sell_macd;
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
PlotShapes(Buy*shapeHollowSmallUpTriangle,colorYellow);
PlotShapes(Sell*shapeHollowSmallDownTriangle,colorYellow);
Plot(6, "", IIf(Buy_rsi AND Buy_macd,colorGreen,IIf(Sell_macd AND Sell_rsi,colorRed,colorYellow)), styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();