Master MACD Double Road Map
Similar to the Master MACD Double Hist-Trigger AFL, the Master MACD Double Road Map in Amibroker utilizes MACD indicators for trade signal generation. Leveraging amibroker data feed capabilities enables traders to develop a comprehensive roadmap for trade entries and exits based on MACD signals. This AFL assists traders in navigating market trends more effectively by incorporating MACD analysis into their trading strategies.
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_SECTION_BEGIN("MACD_DOUBLE_12269_501009");
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(12,26);
sl = Signal(12,26,9);
Colorm=IIf(ml>Ref(ml,-1),colorYellow,colorRed);
Plot( ml, "ROADMAP", Colorm, styleHistogram|styleThick|styleNoLabel);
Plot( ml, "", colorRed,styleThick|styleNoLabel);
Plot( sl, "", colorTeal,styleThick|styleNoLabel);
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///////////////////////////////////// MACD 50-100-9 ////////////////////////////////////////////////////////////////////////////////////
Aml = MACD(50,100);
Asl = Signal(50,100,9);
ColorAAm=IIf(Aml>Ref(Aml,-1),ColorRGB(10,180,50),ColorRGB(170,10,50));
ColorAm=IIf(Aml>Ref(Aml,-1),ColorRGB(10,80,50),ColorRGB(70,10,50));
//Plot( Aml, "MACD12269", Colorm, styleHistogram );
//Plot( Asl, "Signal", colorTeal, styleNoLabel );
Plot( Aml, "", ColorAAm, styleNoLabel );
PlotOHLC( 0, Aml, 0 ,0 , "MACD", ColorAm, styleCloud|styleNoLabel);
_SECTION_END();