VPA RELATIVE VOL FOR AMIBROKER AFL

VPA Relative Vol for Amibroker AFL –

Moving Average Based Trading Advanced for Amibroker AFL is saying everything, Formula for intraday traders. But i would say that this afl for all those people who want to trade again n again n again daily for small profits, that means this afl formula is for scalpers. So see first trend in max timeframes, and trade on that . for small profits with small stoploss. So scalp the trend with the formula.

HERE IS THE VPA Relative Vol for Amibroker AFL

//www.stockbangladesh.com
//Mehedi Arafat
_SECTION_BEGIN("VPA_Relative_Vol");
LBP = Param("Look Back", 15, 0, 100,1 );
V1=IIf(V<=0,MA(V,LBP),V);  //minimize errors on volume data (data <= 0)
Mean = MA(ln(V1),LBP);     // LBP periods moving average of(natural logaritm of( volume))
avvol = exp(mean);         // average volume
VolUnit = avvol/3.5;       // avvol=VolUnit*3.5
// color up bar volume blue, down bar volume red, volume lower than the volumes of the 2 previous bars pink
Clr = IIf(V1<Ref(V1,-1)AND V1<Ref(V1,-2),11,IIf(Close>Ref(Close,-1),29,IIf(Close==Ref(Close,-1),1,32)));
//   Ultra High band 
//   Ultra High band 
//   Ultra High band 
VeryHighBand = avvol + VolUnit*3.5;// 7 ----------------
//   Very High band  
HighBand = avvol + VolUnit*2.5;    // 6 ----------------
//   High band       
//   High band       
AvgBandHigh = avvol + VolUnit/2;   // 4 ----------------
//------------------------------------ 3.5 Average band
AvgBandLow = avvol - VolUnit/2;    // 3 ----------------
//   Low band
//   Low band
LowBand = avvol - VolUnit*2.5;     // 1 ----------------
//   Very low band  
//-------------------------------------0-----------------
Plot(exp(ln(V1)),"",Clr,6); // plot Volume Histogram
Plot(avvol,"",29,1);// plot average volume
Plot(0,"",29,1|4096); // plot 0 volume
Plot(LowBand,"",40,styleArea|1|4096);
Plot(AvgBandLow,"",52,styleArea|1|4096);
Plot(AvgBandHigh,"",10,styleArea|1|4096);
Plot(HighBand,"",52,styleArea|1|4096);
Plot(VeryHighBand,"",40,styleArea|1|4096);
_SECTION_END();

//www.stockbangladesh.com

//Mehedi Arafat

_SECTION_BEGIN("VPA_Relative_Vol");

LBP = Param("Look Back", 15, 0, 100,1 );

V1=IIf(V<=0,MA(V,LBP),V); //minimize errors on volume data (data <= 0)

Mean = MA(ln(V1),LBP); // LBP periods moving average of(natural logaritm of( volume))

avvol = exp(mean); // average volume

VolUnit = avvol/3.5; // avvol=VolUnit*3.5

// color up bar volume blue, down bar volume red, volume lower than the volumes of the 2 previous bars pink

Clr = IIf(V1<Ref(V1,-1)AND V1<Ref(V1,-2),11,IIf(Close>Ref(Close,-1),29,IIf(Close==Ref(Close,-1),1,32)));

// Ultra High band

VeryHighBand = avvol + VolUnit*3.5;// 7 ----------------

// Very High band

HighBand = avvol + VolUnit*2.5; // 6 ----------------

// High band

AvgBandHigh = avvol + VolUnit/2; // 4 ----------------

//------------------------------------ 3.5 Average band

AvgBandLow = avvol - VolUnit/2; // 3 ----------------

// Low band

LowBand = avvol - VolUnit*2.5; // 1 ----------------

// Very low band

//-------------------------------------0-----------------

Plot(exp(ln(V1)),"",Clr,6); // plot Volume Histogram

Plot(avvol,"",29,1);// plot average volume

Plot(0,"",29,1|4096); // plot 0 volume

Plot(LowBand,"",40,styleArea|1|4096);

Plot(AvgBandLow,"",52,styleArea|1|4096);

Plot(AvgBandHigh,"",10,styleArea|1|4096);

Plot(HighBand,"",52,styleArea|1|4096);

Plot(VeryHighBand,"",40,styleArea|1|4096);

_SECTION_END();

VPA RELATIVE VOL FOR AMIBROKER AFL