Mod CCI Dynamic
The Mod CCI Dynamic AFL in Amibroker focuses on the Commodity Channel Index (CCI) indicator and its dynamic adjustments. Utilizing amibroker data feed capabilities enables traders to analyze market momentum and potential reversals using the CCI indicator. This AFL aids traders in understanding CCI variations in different market conditions, enhancing trend analysis and trade execution.
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_SECTION_BEGIN("CCI");
diff_c = C-EMA(C,34);
diff_h = H-EMA(H,34);
diff_l = L-EMA(L,34);
d = EMA(RSI(5),13);
Plot(d,"",IIf(d > Ref(d,-1),colorBrightGreen,colorRed),styleThick);
p1 = Param("TL",15,1,30,1);
p2 = Param("SL",30,1,70,1);
SL = ( HHV( d, p2 ) + LLV( d, p2) )/2;
TL = ( HHV( d, p1 ) + LLV( d, p1 ) )/2;
Span1 = (( SL + TL )/2);
Span2 = (HHV( d, 20) + LLV(d, 20))/2;
Plot(SL,"SL",colorWhite,styleThick); // standard, base, or kijun-sen line
Plot(TL,"TL",colorYellow,styleThick); // turning, conversion, or tenkan-sen line
PlotOHLC(sl,IIf(sl > tl,sl,tl),IIf(sl < tl,sl,tl),tl,"",IIf(TL>Sl,colorDarkGreen,colorOrange),styleCloud+styleNoLabel);
_SECTION_END();