Trend Line Chart - aflcode.com | Latest collection of Amibroker afl 2023

How to use Trend Line Chart Amibroker afl?

Trend Line Chart is very powerful Amibroker afl to determine current trend. Price above white line indicates that the trend is up. Yellow candles indicates that trend is about to change in short period of time. Trend Line Chart afl can be used in any time frame. Use Trend Line Chart afl with RSI for additional confirmation.

Trend Line Chart

//www.aflcode.com
Period = Optimize("Period", 17, 2, 200, 1);
EMACALC = EMA(C, Period);

cond1 = Close > EMACALC AND MACD() > Signal();
cond2 = Close > EMACALC AND MACD() < Signal() OR Close < EMACALC AND MACD() > Signal();
cond3 = Close < EMACALC AND MACD() < Signal();
 
 
 
_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 ) ) ));
SetBarFillColor(IIf(Cond1,ParamColor("Candle UP Color", colorGreen),IIf(Cond3,ParamColor("Candle Down Color", colorRed),colorYellow)));
 Plot(C,"\nPrice",IIf(cond1,ParamColor("Wick UP Color", colorDarkGreen),IIf(cond3,ParamColor("Wick Down Color", colorDarkRed),colorYellow)),64,0,0,0,0);
//Plot( C, "Close", ParamColor("Color", colorgreen ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();


//============== TITLE ==============
_SECTION_BEGIN("Title");



Title = EncodeColor(colorGold)+ "GRAFICO BASICO" + EncodeColor(colorRose)+" (" +  Name() + ") " + EncodeColor(colorGold)+ Interval(2) + 
 "  " + Date() +" " +" •  Open "+WriteVal(O,1.20)+"  •  "+"High "+WriteVal(H,1.20)+"  •  "+"Low "+WriteVal(L,1.20)+"  •  "+
"Close "+WriteVal(C,1.20)+"  • Variação R$ = " +WriteVal(C-Ref(C,-1),1.20,0)+"  • Variação % = " +WriteVal((C-Ref(C,-1))*100/Ref(C,-1),1.2)+ "%  •  Volume = "+ WriteVal(V,1.0);

 

upbar = COND1;
downbar = COND3;
 
/* Colourized price bars drawn here */
Graph0 = Close;
Graph0Style = 64;//number 64 = candlestick or 128 = bar;
 
barcolor = IIf( downbar, 4, IIf( upbar, 5, 42 ) );//number 4 = red, number 5 = green and number 42 = yellow;
Graph0BarColor = ValueWhen( barcolor != 0, barcolor );

 
 _SECTION_END();
 
 Plot(EMACALC, "EMACALC", colorWhite, styleLine,0,0,0,0,2);