Perfect Histogram Buy Sell Zone |
//www.aflcode.com _SECTION_BEGIN(""); var1=MA( Avg , 34); var2=MA( Avg,5); var3=var2-var1; var4=MA(var3-MA(var3,5),5); up = Var4 > Ref(Var4,-1); down = Var4 < Ref(Var4,-1); Graph0=var4; Graph0Style=2+4; Graph1=Wilders(var4,5); Graph1Style=5; Graph0Name = "AC"; Graph0BarColor = IIf(up, colorGreen, colorRed); up = Var4 > Ref(Var4,-1); down = Var4 < Ref(Var4,-1); //3 bars buy when in positive territory: AllAbove0 = Ref(Var4,-3) > 0 AND Ref(Var4,-2) > 0 AND Ref(Var4,-1) > 0; SellA = Ref(up,-3) AND Ref(down,-2) AND Ref(down,-1) AND down AND AllAbove0; //2 bars sell. If in negative territory or crossed below 0: AllBelow0 = Ref(Var4,-3) < 0 AND Ref(Var4,-2) < 0 AND Ref(Var4,-1) > 0; CrossBelow0 = (Ref(Var4,-2) > 0 AND Ref(Var4,-1) < 0) OR (Ref(Var4,-1) > 0 AND Var4 < 0); SellB = Ref(up,-2) AND Ref(down,-1) AND down AND (AllBelow0 OR CrossBelow0); CrossAbove0 = (Ref(Var4,-2) < 0 AND Ref(Var4,-1) > 0) OR (Ref(Var4,-1) < 0 AND Var4 > 0); //3 bars buy when in negative territory: BuyA = Ref(down,-3) AND Ref(up,-2) AND Ref(up,-1) AND up AND AllBelow0; //2 bars buy. If in positive territory or crossed above 0: BuyB = Ref(down,-2) AND Ref(up,-1) AND up AND (AllAbove0 OR CrossAbove0); Buy = BuyA OR BuyB; Sell = SellA OR SellB; PlotShapes( IIf(Buy ,shapeUpArrow,0) ,colorGreen, 0, IIf(Var4 < 0, Var4, 0),-12); PlotShapes( IIf(Sell ,shapeDownArrow,0) ,colorRed, 0, IIf(Var4 < 0, Var4, 0),12); //Commentary WriteIf(Buy, "Place Buy Stop to buy 1 unit if price rises to " + WriteVal(H+0.01)+" or higher. (AC+)", WriteIf(Sell, "Place Sell Stop to sell 1 unit if price falls to " + WriteVal(L-0.01)+" or lower. (AC-)","")); _SECTION_END();
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