Creating AFL for MAB & MABW ( traders tips August 2021)

AFL Programming
1

Hellow, I am trying to create MAB,MABW indicators but inavail. Please refer TRADERS’ TIPS - AUGUST 2021
If any of the members have this AFL codes, request to share here, Thanks a ton in advance.

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// Indicator:  TASC AUG 2021 MAB
// Based on original EL code 
// http://traders.com/Documentation/FEEDbk_docs/2021/08/TradersTips.html#item1
Periods1 = 50;
Periods2 = 10;
Mltp = 1;

MA1 = EMA(Close, Periods1);
MA2 = EMA(Close, Periods2);
Dst = MA1 - MA2;
DV = MA(Dst * Dst, Periods2);
Dev = sqrt(DV) * Mltp;
UpperBand = MA1 + Dev;
LowerBand = MA1 - Dev;

Plot( UpperBand, "UpperBand", colorAqua );
Plot( LowerBand, "LowerBand", colorAqua );
Plot( MA1, "MidLine", colorBlue );
Plot( MA2, "Long Term EMA", colorRed );

MABW you do yourself.
Lowest of EL is LLV in AFL.

3 Likes
3

http://traders.com is not fair, does not include this best and famous AFL Amibroker

1 Like
4

Fxshrat, many thanks once again. Herewith AFL code for MABW.
// Indicator: TASC AUG 2021 MAB
// Based on original EL code
// TRADERS’ TIPS - AUGUST 2021
Periods1 = 50;
Periods2 = 10;
Mltp = 1;

MA1 = EMA(Close, Periods1);
MA2 = EMA(Close, Periods2);
Dst = MA1 - MA2;
DV = MA(Dst * Dst, Periods2);
Dev = sqrt(DV) * Mltp;
UpperBand = MA1 + Dev;
LowerBand = MA1 - Dev;
Bandwidth = (UpperBand - LowerBand) / MA1 * 100;
BandwidthLLV = LLV(BandWidth, Periods1);

Plot( BandWidth, "BandWidth", colorBlack,styleThick );
Plot( BandwidthLLV, "BandwidthLLV" , colorBlue,styleThick );

5

@kv_maligi, you need to use Code Tags!

1 Like
6

Okay, will do code tags. Thanks

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