MACD Slow Stochastic
Combining MACD with Slow Stochastic in Amibroker AFL creates a powerful strategy that merges momentum and trend-following indicators. Utilizing Amibroker data feed capabilities, this AFL aims to detect potential reversals and confirm momentum, providing clear buy or sell signals. The integration of these indicators within Amibroker AFL enables traders to fine-tune parameters, optimizing the strategy’s performance through historical data analysis.
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_SECTION_BEGIN("DENNIS");
periods = Param( "Periods", 15, 1, 200, 1 );
Ksmooth = Param( "%K avg", 3, 1, 200, 1 );
Dsmooth = Param( "%D avg", 3, 1, 200, 1 );
Plot( StochD( periods , Ksmooth, DSmooth ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );
ml = MACD(r1, r2);
sl = Signal(r1,r2,r3);
//Plot( m1, StrFormat(_SECTION_NAME()+"(%g,%g)", r1, r2), ParamColor("MACD color", colorRed ), ParamStyle("MACD style") );
//Plot( s1, "Signal" + _PARAM_VALUES(), ParamColor("Signal color", colorBlue ), ParamStyle("Signal style") );
Plot( ml-sl, "MACD Histogram", ParamColor("Histogram color", colorBlack ), styleNoTitle | ParamStyle("Histogram style", styleHistogram | styleNoLabel, maskHistogram ) );
_SECTION_END();