Blai5 Astro indicator

Category: Indicators By: Nicolas Created: March 3, 2016, 11:32 AM
March 3, 2016, 11:32 AM
Indicators
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Trend indicator based on the calculation of time on operational stockings Blai5 Vigia. Need volumes to compute correctly.
The indicator consists of three lines. The first (MR and MF) two form a ribbon that crosses regularly. Astro is the value of the difference between the two lines, and should be interpreted as we would MACD histogram.
The indicator can be configured and operated in various ways. It can be used simply making visible the Astro curve, or also presenting the “treadmill” that make up MR and MF; alone or with Astro.
Operating this trend indicator is not difficult, it gives many possibilities presenting a wealth of signs, more than the usual in this type of indicators. In principle, when MR (red) is higher than MF (blue), the time is positive and the value is likely to increase or, failing that, resist the descent; and vice versa.
It can be operated by crosses both lines (= crossings Astro on the zero line), but the most aggressive user will quickly realize that also offers the possibility to operate between extremes, slope and even by divergence, where the Astro tape is very rich.
The timing of the cycle (T) can be adjusted to better match assets and temporality wishing surgery.

Indicator explanation translated from Spanish

 

REM Blai5 Astro
REM con Temporalidad ajustable
REM Julio de 2008


cero = 0

xmf = MoneyFlowIndex[20]

OB1 = (BollingerUp[20](close) + BollingerDown[20](close)) / 2
OB2 = BollingerUp[20](close) - BollingerDown[20](close)

BollOsc = ((close - OB1) / OB2 ) * 100

xrsi = rsi [20](close)

STOC = Stochastic[20,3](close)

vg = ((xrsi + xmf + BollOsc + (STOC / 3))/2) - 60

vmr = ExponentialAverage[20] (vg)

hist = (vg - vmr)

histav = WilderAverage[20](hist)

mf = Momentum[T](histav)

mm =  Momentum[T](vmr)

ast = (mm - mf)


RETURN cero as "0", ast as "Astro", mf as "MF", mm as "MM"

 

 

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Filename: Blai5-Astro.itf
Downloads: 218
Nicolas Master
I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!
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