Hi All, This is a very basic strategy using RSI which i personally also use quite often.It includes money money management and Entry and exit signals.Enter at buy sell arrows and exit at stars which are oversold/overbought zones.Explorer is also made available…

This is Alignment of the Stars originally named by Zeafreaks from the Philippines. It’s all about the alignment of ma 20 50 100. //Disclaimer: //All the AFL’s posted in this section are for learning purpose. //I do not necessarily own…

I don’t remember where I got this formula but if I am not mistaken it was translated from MT4 to Amibroker by a German programmer. I’ve tested with original JMA, and the results are the same/accurate (if I’m not mistaken) but…

The Klinger Oscillator is used to determine long-term trends of money flow, while remaining sensitive enough to short-term fluctuations to predict short-term reversals. It compares the volume of money flowing in and out of a stock to the price movement,…

This is a 5 minute reversal breakout order (RBO) trading system indicator for intraday trading only. I took the basic code from the net but have added many other parameters to make it more user friendly. -you can change entry…

CCI is a versatile momentum oscillator that can be used to identify overbought/oversold levels or trend reversals. The indicator becomes overbought or oversold when it reaches a relative extreme. This indicator will allow you to display up to 3 CCI indicators with different…

A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail…

Bull power vs Bear power – Histogram _SECTION_BEGIN(“Bull vs Bear”);periods = Param( “Periods”, 5, 3, 200, 1 );Bull = (H – O)*100/C;Bear = (L – O)*100/C;val = Bull + Bear; x = EMA(val,periods);Plot(x,””, colorOrange);dynamic_color = IIf( x> 0, colorGreen, colorRed…

Candle-color changes as per RSI value. If candle color is red then RSI is in bear zone and if candle color is green the RSI is in bull zone. Neutral Zone – RSI in between 45 and 55 (RSI Period can be changed from chart-property-settings) _SECTION_BEGIN(“RSI Candle”); Period =…

The Relative Momentum Index (RMI) was developed by Roger Altman in 1993 as an attempt to improve the Relative Strength Index (RSI) by adding a component of momentum to the RSI. The Relative Momentum Index uses change of closing price between…