Line=LinRegSlope(C,13) + 100 * ( EMA( EMA( C - Ref( C, -1 ) ,34 ) ,21) / EMA( EMA( abs( C - Ref( C, -1) ),34 ), 21 ) ) +100 * ( EMA( EMA( C - (0.5 * ( HHV(H,13) + LLV(L,13))),21),3) / (0.5 * EMA( EMA( HHV(H,13) - LLV(L,13),21),3 ) ) );
Buy = Cross(Line, 0); Sell = Cross(0, Line); Colors = IIF(Line >= 0, colorGreen, colorRed); Plot(0, "", colorDarkGrey, styleLine); Plot(Line, "Line", Colors); PlotShapes(Buy * shapeUpArrow + Sell * shapeDownArrow, Colors); Mike --- In [email protected], Bob Waits <bobwai...@...> wrote: > > I came across the formula below. Any suggestions on how to write a "BUY" and "SELL" signal if the indicator crosses zero. Thanks. > > /* CCT Kaleidoscope > ** > ** Originally developed by Steve Karnish > ** http://www.cedarcreektrading.com > ** > ** AFL translation by Tomasz Janeczko > ** > ** Set scaling: Automatic > ** Grid: Middle > */ > > Graph0=LinRegSlope(C,13) > + 100 * ( EMA( EMA( C - Ref( C, -1 ) ,34 ) ,21) > / EMA( EMA( abs( C - Ref( C, -1) ),34 ), 21 ) ) > +100 * ( EMA( EMA( C - (0.5 * ( HHV(H,13) + LLV(L,13))),21),3) > / (0.5 * EMA( EMA( HHV(H,13) - LLV(L,13),21),3 ) ) ); >
