You may like to work with this.
_SECTION_BEGIN("Trend Bars");
smap = Param("SMA Length", 9,5,20,1);
WMAp = Param("WMA Length", 45,9,75,1);
rpds = Param("RSI Length", 14,3,50,1);
/*
smap = Optimize("SMA Length", 9,5,20,1);
WMAp = Optimize("WMA Length", 45,9,75,1);
rpds = Optimize("RSI Length", 14,3,50,1);
*/
p1 = MA( C, smap); //9-period on price
(MA)
p2 = WMA( C, WMAp); //45-period on price
(WMA)
r1 = MA( RSI(rpds), smap); //9-period on RSI
(MA)
r2 = WMA( RSI(rpds), WMAp); //45-Period on RSI
(WMA)
up = p1 > p2 AND r1 > r2; //trend is up
dn = p1 < p2 AND r1 < r2; //trend is down
sup = p1 > p2 AND r1 < r2; //trend is sideways to
up
sdn = p1 < p2 AND r1 > r2; //trend is sideways to
down
Plot ( 1, "", IIf(up, colorDarkGreen, IIf(dn, colorDarkRed,
IIf(sup, colorLightBlue, IIf(sdn, colorOrange, 0)))),
styleOwnScale|styleArea|styleNoLabel, -0.1,
50 );
_SECTION_END ();
Sent: Saturday, January 02, 2010 5:50 PM
Subject: [amibroker] need help to plot a band under the price
chart
hello there ,
I would like to plot a narrow band at the bottom of the
price chart with the color according to a trading signal, for example if the MA1
is above MA2 it will be colored green , else it will be colored red.
how
can i do that ?..can anyone help me please ?
i shall be obliged if you
kindly solve the problem for me.
thanks in advance
ashis
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