Buy Sell
The Buy Sell Amibroker AFL, as the name suggests, uses Amibroker data to provide clear buy and sell signals. Traders depend on accurate data feeds to interpret these signals accurately, aiding them in making well-timed decisions and optimizing their trading strategies for better results.
Plot( Close, "Close", colorBlack, styleCandle );
MaxGraph = 12;
BuyOffSet = 18;//Optimize("BuyOffSet",18,15,20,1);
SellOffset = BuyOffSet;//Optimize("SellOffset",2,2,14,2);
RegLength = 5;//Optimize("RegLength",5, 2,11,2);
BuyATRPeriod = 2;//Optimize("BuyATRPeriod",2,2,5,1);
SellATRPeriod = BuyATRPeriod;//Optimize("SellATRPeriod",4,2,11,2);
ATRMultiplier = 0.5;//Optimize("ATRMultiplier",1,0.7,1.25,.05);
Graph8 = HHV(H-ATRMultiplier*ATR(BuyATRPeriod),BuyOffset); /* RED */
Graph9 = LLV(L+ATRMultiplier*ATR(SellATRPeriod),SellOffset); /* GREEN */
ave=(Graph8+Graph9)/2;
Graph8Style=Graph9Style = 1;
Graph9Color= 5; /* 5 is green */
Graph8Color = 4; /* 4 is red */
//Band
Var1=(Open+Low+High+Close)/4;
Var2=EMA(EMA(Close, 2), 2);
Var3=EMA(EMA(Var2, 5), 5);
sup1=EMA(EMA(Var1,5),2);
sup2= LLV(sup1,13);
sup3= LLV(Low,60)*1.02;
res1= HHV(sup1,13);
res2= HHV(sup1,60);
res3= HHV(High,60)*0.98;
Plot(5, "",
IIf(sup1>Ref(sup1,-1),colorGreen,
IIf(sup2>Ref(sup2,-1),colorGrey50,
IIf(res1>Ref(res1,-1),colorBlue,
IIf(res2>Ref(res2,-1),colorYellow,
IIf(sup2=Ref(sup2,-1),colorRed,
IIf(res1=Ref(res1,-1),colorPink,
IIf(res2=Ref(res2,-1),colorLightBlue,
IIf(res3=Ref(res3,-1),colorBlue,colorWhite)))))))),
styleOwnScale|styleArea|styleNoLabel,-0.5, 350 );
nn=21;
mmm=120;
TYP=(High + Low + 2*Close)/4;
CI=(TYP-MA(TYP,14))/(0.015*StDev(TYP,14));
CCCI=EMA(CI,5)+mmm;
Hh=HHV(H,nn);
Ll=LLV(L,nn);
MM=(Hh+Ll)/2;
CCCC=EMA(CCCI*(Hh-Ll)/(2*mmm)+Ll,5);
Plot(Hh,"Hh50",11,styleLine);
Plot(Ll,"Ll50",colorBlue,styleLine);
Plot(CCCC,"CCCC",colorYellow,styleLine+4);
Buy = (Cccc>Ref(Cccc,-1) AND Ref(Cccc,-1)<Ref(Cccc,-2) AND Cccc<ave) OR Cross(Cccc,Ll) OR Cross(Cccc,Graph9);
PlotShapes( IIf( Buy, shapeDigit8, shapeNone ), colorBlue, layer = 0, yposition = L, offset = -10 );
Sell= (Cccc<Ref(Cccc,-1) AND Ref(Cccc,-1)>Ref(Cccc,-2) AND Cccc>ave) OR Cross(Hh,Cccc) OR Cross(Graph8,Cccc);
PlotShapes( IIf( Sell, shapeDigit8, shapeNone ), colorRed, layer = 0, yposition = H, offset = 10 );
Plot( Volume, "Volume", colorLightBlue, styleHistogram | styleOwnScale );