Re: [amibroker] Assistance with Momentum Indicator - Graphic Format

["Mubashar Virk" <mvirk67@xxxxxxxxx>]

_SECTION_BEGIN("Momentum");

P = ParamField("Price field",-1);

periods = Param("Periods", 10, 2, 200, 1 );

//=================

function Momentum( array, period )

{

return array - Ref( array, -period );

}

//=================

Plot( Momentum( P, periods ),_DEFAULT_NAME(), ParamColor("Color", ColorCycle ) );

//================

r = Momentum (P, periods );

Plot( r, " Momentum ", colorBlue | styleThick);

Plot( 0,"",colorLightGrey, styleLine, 1);

PlotOHLC( r,r,0,r, "", IIf( r < 0 , colorRed ,colorGreen ), styleCloud | styleClipMinMax, 0, 0);

_SECTION_END();

From: Ken Hendo

Sent: Friday, August 29, 2008 12:41 PM

To: amibroker@xxxxxxxxxxxxxxx

Subject: [amibroker] Assistance with Momentum Indicator - Graphic Format

Hi All

Can someone point me in the correct direction or advise where I am
going wrong with this formular.

Many thanks

Ken

_SECTION_BEGIN("Momentum");
function Momentum( array, period )
{
return array - Ref( array, -period );
}
Plot( Momentum( ParamField( "Field" ), Param("Period", 10, 1, 100 ) ),
_DEFAULT_NAME(), ParamColor("Color", ColorCycle ) );

r = Momentum ();
Plot( r, " Momentum ", colorBlue | styleThick);
Plot( 0,"",colorLightGrey, styleLine, 1);

PlotOHLC( r,r,0,r, // set the midpoint of the chart to 0

"", IIf( r < 0 , colorRed ,// color below 0 set to red
colorGreen // color above 0 is green
), styleCloud | styleClipMinMax, 0, 0); /
_SECTION_END();

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