Keltner Band is a promising indicator to determine trend breakouts accurately. And experienced traders might very well know that catching accurate trend breakouts is as good a finding a fortune. Keltner band calculates the price range based on ATR (average true range),…

Combination the Stochastic %D and the Stochastic %K _SECTION_BEGIN(“Stochastic %D”); SetChartOptions(0, 0, chartGrid20 | chartGrid80); GraphXSpace = Param(“GraphXSpace”, 5, -10, 20, 1); OBthreshold = Param(“OBthreshold”, 85, 75, 100, 5); OSthreshold = Param(“OSthreshold”, 15, 0, 25, 5); PlotGrid(OBthreshold, colorRed, 8, 1,…

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…