?? trend detection.afl
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//------------------------------------------------------------------------------
//
// Formula Name: Trend Detection
// Author/Uploader: Graham Kavanagh
// E-mail: gkavanagh@e-wire.net.au
// Date/Time Added: 2005-01-10 18:55:44
// Origin:
// Keywords: Trends
// Level: medium
// Flags: indicator
// Formula URL: http://www.amibroker.com/library/formula.php?id=418
// Details URL: http://www.amibroker.com/library/detail.php?id=418
//
//------------------------------------------------------------------------------
//
// Plots coloured bars for direction of current trend, green for rising, red
// for falling. Exploration included to find first bar of new direction.
//
// Param included to vary the number of periods for detecting small to long
// term trends.
//
// I am using beta version 4.66.2, but believe this will work with last
// offical version.
//
//------------------------------------------------------------------------------
// Trend Detection
// Graham Kavanagh 11 Jan 05
// I am using version 4.66.2, but believe this will work with last offical version.
function Rise( Pd, perd, Pl, perl )
{
MAD = DEMA(Pd,perd);
MAL = LinearReg(Pl,perl);
CondR = ROC(MAD,1)>0 AND ROC(MAL,1)>0;
CondF = ROC(MAD,1)<0 AND ROC(MAL,1)<0;
R[0] = C[0]>(H[0]+L[0])/2;
for(i=1;i<BarCount;i++)
{
if( CondR[i] )
{
R[i] = 1;
}
else
{
if( CondF[i] )
{
R[i] = 0;
}
else
{
R[i] = R[i-1];
}
}
}
return R;
}
PrD = C;
PrL = H/2+L/2;
PrdD = PrdL = PrdM = Param("Prd",12,2,40,1);
permax = Max(prdd,prdl);
Rs = IIf( BarIndex()<permax, 0, Rise(PrD, PrdD, PrL, PrdL) );
Fs = IIf( BarIndex()<permax, 0, 1-Rs );
Confirm = MA(C,prdm);
function DirBar( dr, df )
{
B[0] = 0;
for(i=1;i<BarCount;i++)
{
if( dr[i-1] && df[i] )
{
B[i] = 1;
}
else
{
if( df[i-1] && dr[i] )
{
B[i] = 1;
}
else
{
B[i] = B[i-1] + 1;
}
}
}
return B;
}
Bs = DirBar( Rs, Fs );
Direction = ROC(Confirm,1) > 0 AND ROC(Confirm,5) > 0;
Downward = ROC(Confirm,1) < 0 AND ROC(Confirm,5) < 0;
Select = Rs AND Ref(Fs,-1);
Caution = Fs AND Ref(Rs,-1);
Change = IIf( Rs, H/ValueWhen(Fs,L)*100, L/ValueWhen(Rs,H)*100 );
Plot( C, "close", IIf( Rs, colorGreen, IIf( Fs, colorRed, colorBlack )), styleBar);
PlotShapes( shapeSmallCircle* select, colorDarkGreen, 0, H, 5 );
PlotShapes( shapeSmallCircle* Caution, colorDarkRed, 0, L, -5 );
GraphXSpace=10;
_N( Title = "{{NAME}} - {{INTERVAL}} {{DATE}} Trend Plot - "+prdd+" Day" );
Filter = Select OR Caution;
AddColumn( Select, "UpTurn", 1 );
AddColumn( Caution, "DownTurn", 1 );
// ---indicator end---
"Rise = " + Rs;
"Fall = " + Fs;
"Current Trend Bars = " + Bs;
"Trend Move = " + Change + " %";
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