Swing
Empower your trading with Swing, harmoniously integrated with Amibroker data feed free. This AFL identifies potential price reversals, aiding traders in capturing profit-generating swings. Seamlessly utilizing Amibroker data, it’s a go-to tool for swing traders seeking timely entries and exits for optimized results.
// 350 Swing Indicator
_SECTION_BEGIN("350Swing");
nRSILen = Param("RSI Length", 3, 2, 50 );
nMALen = Param("MA Length", 3 );
UpColor = ParamColor("UpColor", colorGreen );
DnColor = ParamColor("DnColor", colorRed );
r = RSI( nRSILen );
rma = MA( r, nMALen );
Color = IIf( r > 50, UpColor, DnColor );
mode = ParamList("Display", "RSI|RSIMA|Price");
switch( mode )
{
case "RSI":
Plot( r, _DEFAULT_NAME(), Color );
break;
case "RSIMA":
Plot( rma, "RSI MA" + _PARAM_VALUES(), colorBlue );
PlotOHLC( 50, rma, 50, rma, "", colorLightBlue , styleCloud | styleClipMinMax, 20, 80 );
break;
case "Price":
SetBarFillColor( Color );
Plot( C, "Price", Color, styleCandle );
PlotShapes( ( rma < 20 ) * shapeSmallCircle, colorGreen, 0, L, -20 );
PlotShapes( ( rma > 80 ) * shapeSmallCircle, colorRed, 0, H, 20 );
Plot( HHV( H, 20 ), "", colorLightBlue );
Plot( LLV( L, 20 ), "", colorLightBlue );
break;
}
_SECTION_END();