Strength line
Strength line is a powerful tool in Amibroker, providing valuable insights into market trends. By utilizing Amibroker data and the Amibroker AFL, traders can accurately analyze the strength of a particular stock or index. This allows for informed decision-making and enhances overall trading strategies.
_SECTION_BEGIN("CCI");
periods = Param( "Periods", 14, 2, 200, 1 );
i1 = CCI( periods );
//Plot( i1 = CCI( periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
p = Param("short ema",3,1, 20,1);
r = Param("long ema",5,2,20,1);
em1 = DEMA(i1,p);
em2 = DEMA(i1,r);
Plot(em1,"",colorBlue);
Plot(em2,"",colorRed);