Bollinger Band With Heiken Ashi - aflcode.com | Latest collection of Amibroker afl 2023

How to use Bollinger Band With Heiken Ashi afl?

Bollinger Band With Heiken Ashi afl is one of the most profitable trading sytem. It comprised of Heiken Ashi and Bollinger band which ensures the accurate results. Buy whenever you see green heiken ashi candle formed above blue 20 moving average line. The green candle should not have wick at lower side similarly sell whenever you see red heiken ashi candle formed below 20 moving average line with no upper wick. This is the most profitable afl for swing as well as intraday traders but it is recommended to use it in daily time frame for good results. It can also be used for intraday with 15 minutes timeframe. If you have any doubt, you can always ask in comment section below.

Bollinger Band With Heiken Ashi

//www.aflcode.com
/*======================================================
  FOREX INTRADAY HEIKIN ASHI + PIVOT POINTS
  ======================================================*/

//---- heikin ashi
HaClose = (O+H+L+C)/4; 
HaOpen = AMA( Ref( HaClose, -1 ), 0.3 ); 
HaHigh = Max( H, Max( HaClose, HaOpen ) ); 
HaLow = Min( L, Min( HaClose, HaOpen ) ); 
xDiff = (HaHigh - Halow) * IIf(StrFind(Name(),"JPY"),100,10000);
barcolor = IIf(HaClose >= HaOpen,colorGreen,colorRed);
PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "", barcolor, styleCandle ); 
// Plot(EMA(HaClose,9),"",colorWhite, styleLine);
// Plot(EMA(HaClose,18),"",colorBlack, styleLine);

_SECTION_BEGIN("Bollinger Bands");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 100, 1 );
Width = Param("Width", 2, 0, 10, 0.05 );
Color = ParamColor("Color", colorCycle );
Style = ParamStyle("Style");
Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); 
Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); 
_SECTION_END();

_SECTION_BEGIN("MA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 200, 1, 10 );
Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();