AFL Library

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Details:

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Description:

This AFL consists of all good averages known to me. It is an indicator in which price becomes green when price crosses above average and vica versa.
The name of average also tells the time period setting on 60 min time frame.

Formula:

//Modified by Bobby Kular email: bobby.kular@yahoo.com
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_SECTION_BEGIN("Background");
SetChartOptions(0,chartShowArrows|chartShowDates);
priceTitle=StrFormat("---- {{NAME}} ---------- {{VALUES}}"); 
Title ="Averages" + priceTitle;

if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
{
 ToolTip=StrFormat("Open: %g\nHigh:  %g\nLow:   %g\nClose:  %g
(%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));
}

SetChartBkColor(ParamColor("Outer panel color ",colorBlack)); // color of outer
border 
SetChartBkGradientFill( ParamColor("Inner panel color upper
half",colorBlack),ParamColor("Inner panel color lower half",colorBlack)); //
color of inner panel
_SECTION_END();
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_SECTION_BEGIN("Average");
P = ParamField("Field");
Type = ParamList("Type", "Weighted,Lagless-21,Hull-26,Linear
Regression-45,Exponential,Double Exponential,Tripple
Exponential,Wilders,Simple");
Periods = Param("Periods", 9, 2, 100 );
Displacement = Param("Displacement", 1, -50, 50 );
m = 0;

if( Type == "Weighted" ) 				m=  WMA( P, Periods );
if( Type == "Lagless-21"  )				m=  2*EMA(P, Periods)-EMA(EMA(P, Periods),
Periods); 
if( Type == "Hull-26"  )				m=  WMA(2*(WMA(P, Periods/2))-WMA(P, Periods) ,4
);
if( Type == "Linear Regression-45"  ) m=  LinearReg( P, Periods );
if( Type == "Exponential" ) 			m = EMA( P, Periods );
if( Type == "Double Exponential" ) 	m = DEMA( P, Periods );
if( Type == "Tripple Exponential" ) 	m = TEMA( P, Periods );
if( Type == "Wilders" ) 				m = Wilders( P, Periods );
if( Type == "Simple" ) 					m = MA( P, Periods );


Plot( m, _DEFAULT_NAME(), ParamColor("Color", colorWhite), styleThick, 0, 0,
Displacement );


//Plot Price
barcolor = IIf(C > m, ParamColor("Up Color",colorBrightGreen), IIf(C
==m,colorRed, ParamColor("Dn Color",colorRed))); 
Plot( C, "Close", barcolor, ParamStyle("Style",styleThick+styleNoLabel) |
GetPriceStyle());

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_SECTION_BEGIN("Price");
Plot( C, "Close", ParamColor("Color", colorLightOrange ),
styleNoLine|styleNoRescale ); 
_SECTION_END();
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