Best Macd Indicator For Amibroker

Calculates the MACD indicator using fast and slow averaging periods. EXAMPLE The formula 'macd' returns the value of the MACD indicator (i.e., the red line).

Best Macd Indicator For Amibroker Software

Best Macd Indicator For Amibroker
HomeAFL (Ami Broker Formula Language)Using Color MACD in Amibroker

In financial market every one want to find out most beautiful but work indicator. MACD is one of the most favorite indicator of every Analyst. But in amibroker default MACD colour is non-color whether most of the time it’s going to valueless. In world most of the Analyst use color MACD AFL,why not you?

Now here is the AFL –

Best macd indicator for amibroker software
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SetChartOptions(0,chartShowArrowschartShowDates);
GfxSelectFont('Verdana',12,600,italic=False);
GfxTextOut(FormulaName,4,20);
SetChartOptions(0,chartShowArrowschartShowDates);
periods=Param('Periods to Sum',5,1,100,1);
BullCond=V>Ref(V,-1)ANDC>Ref(C,-1)ORV<Ref(V,-1)ANDC<Ref
(C,-1);
BearCond=V>Ref(V,-1)ANDC<Ref(C,-1)ORV<Ref(V,-1)ANDC>Ref(C,-1);
SumBull=Sum(V*BullCond,periods);
Delta=SumBull-SumBear;
Out=ParamToggle('Show Style','Bull+Bear Bull-Bear',0);
{
Plot(SumBull,'Bull Vol',colorLime,styleThick);
Plot(SumBear,',colorBrown,styleHistogramstyleNoLabelstyleNoTitle);
Plot(SumBull,',colorDarkGreen,styleHistogramstyleNoLabelstyleNoTitle);
Plot(Summa,'All Vol',colorWhite,styleDashedstyleNoRescale);
else
GraphXSpace=10;
DeltaColor=IIf(Delta0,colorWhite,IIf(Delta>0,colorGreen,colorRed));
Plot(Delta,'Delta',DeltaColor,styleLinestyleNoLinestyleNoRescale);
Plot(Delta,'Delta',colorWhite,styleThickstyleNoLabelstyleNoTitle
styleNoRescale);
PlotOHLC(Delta,Delta,0,Delta,',DeltaColor,styleCloudstyleClipMinMax
styleNoLabel);
_SECTION_END();

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Best Macd Indicator For Amibroker History

  • Download the AFL
  • Now copy the afl file and paste it to Program FilesAmiBrokerFormulasCustom
  • Now go to formula section of Amibroker and you will get the afl in Custom folder.