Bollinger Band With Double Moving Average |
//www.aflcode.com _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) )); Plot( C, "Close", ParamColor("Color", colorYellow ), styleBar, styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) ) { ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 ))); } _SECTION_END(); _SECTION_BEGIN("EMA"); P = ParamField("Price field",-1); Periods = Param("Periods", 20, 2, 200, 1 ); Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("BB-EMA"); Tp=(H+L+C)/3; Per = Param("EMA Periods", 20, 2, 200, 1); stper=Param("StDev Period",20,10,30,1); w=Param("Width",2,0.5,4,0.5); BBup=EMA(tp,per)+w*StDev(C,stper); BBdn=EMA(tp,per)-w*StDev(C,stper); BB_Mid=EMA(((BBup+BBdn)/2),5); Plot (bbup,"BB-UP",ParamColor( "Color", colorLightGrey ),styleLine); Plot (bbdn,"BB-DN",ParamColor( "Color", colorLightGrey ),styleLine); Plot (bb_mid,"BB_Mid",ParamColor( "Color", colorBlue ),styleLine); PlotOHLC(BBup,BBup,BBdn,BBdn,"BB-EMA", ParamColor("color",colorDarkOliveGreen), styleCloud); _SECTION_END(); //TRENDING RIBBON // Paste the code below to your price chart somewhere and green ribbon means both // both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX // are both trending down. _SECTION_BEGIN("trending ribbon"); uptrend=PDI()>MDI() AND MACD()>Signal(); downtrend=MDI()>PDI() AND Signal()>MACD(); Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END(); _SECTION_BEGIN("Price"); //SetChartOptions(0,chartShowArrows|chartShowDates); //_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, //SelectedValue( ROC( C, 1 ) ) )); //Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); _SECTION_END(); //===================================================================================== top1=BBandTop(p,20,1); bot1=BBandBot(p,20,1); top2=BBandTop(p,20,2); bot2=BBandBot(p,20,2); stocup=StochK()>StochD(); MACDup=MACD()>Signal(); Lim=ADX()<30 AND StochK()<80; Buy=Cross(C,top1) AND C>=O OR Cross(MACD(),Signal()) AND stocup AND C>top1 AND C>=O AND lim OR Cross(StochK(),StochD()) AND C>top1 AND StochK()<50 AND C>=O AND Lim; Sell=Cross(top1,C); PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorBlue,0,Low,Offset=-15); PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0,High,Offset=-15);
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