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MaxGraph=8; Graph0=100000*(C+O+H+L)/Sum(C,20); //Bollinger believes all 4 items are better //Graph0=50000*(BBandTop(C,40,2)-BBandBot(C,40,2))*C/BBandTop(C,40,2); //Volatility change - Reversal indicator? //Graph0=100*MFI(14); //MoneyFlowIndex - G. Quong & A. Soudek //Graph0=100*RSI(14); //Graph0=1000*MACD(12,26); //Graph0=1000*Signal(12,26,9); //Graph0=1000*V*Signal(12,26,9)/(Sum(V,12)/12); //VolWeighted MACD - B. Dormeier //Graph0=100*ROC(EMA(C,7),21); //Smoothed RateOfChange - //Graph0=-500*ADX(14); //Graph0=.0001*AccDist(); //Acc-distribution - Larry Williams //Graph0=10000*EMA((2*C-H-L)*Sum(V,12)/((H-L)*V*12),10); //Intraday intensity - David Bostian //Graph0=100*(C-Ref(C,-1)*V*12)/Sum(V,12); //Force index - Dr. Elder //Compute the Bollinger bands (40 bars & 2.0 SD). Graph1=BBandTop(Graph0,40,2); Graph2=BBandBot(Graph0,40,2); //Compute the relative position within the bands. Graph3=10000*(Graph0-Graph2)/(Graph1-Graph2); //A Zig-Zag line is used to better view the trend changes. Smaller ZigChange values mean busier charts and more frequent trading. Other parameters also should be optimized for best results. ZigChange=Optimize("Zig",50,40,100,10); Graph4=Zig(Graph3+1000,ZigChange); Graph5=0; Graph6=5000; Graph7=10000; Graph1Color=Graph2Color=2; Graph0Style=Graph1Style=Graph2Style=Graph4Style=Graph5Style=Graph6Style=Graph7Style=1; Graph3Style=4; Graph3Color=7; //Buy signals are generated for stocks over $4.00 when the Zig line as well as the price is increasing. This is a very simplistic trading system that could be greatly improved. Buy=(Graph4>Ref(Graph4,-1)) AND (C>4) AND (EMA(C,20)>=Ref(EMA(C,20),-1)); //Sell signals are generated when the Zig Line is decreasing or price drops. Sell=(Graph4<(Ref(Graph4,-1))) OR (EMA(C,3)<(Ref(EMA(C,3),-1)*.98)); Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); //It is assumed that transactions are made the next day after a buy/sell signal. BuyPrice=ValueWhen(Ref(Buy,-1),Open,0); SellPrice=ValueWhen(Ref(Sell,-1),Open,0);
