I 'm new for Amibroker code writing and I have my own way to scan but I don't know how to interpret my formula, so I need you help to interpret being AFL code.
1.My first formula (Explore) ,
Condition
- RSI(14) > 70 , BOTH DAY AND WEEK
- CLOSE > Bolinger Band Top , BOTH DAY AND WEEK
-Average Value 5 days > 10,000,000 usd
- Average Volume 5 days > 200 ( Trade Volume > Average Volume 5 days , 200%)
2. pullback and rally ( formula of Metastock) I need both plot graph and explore buy-sell signal
Prd1:=12; Prd2:=26;
Fast:=Mov(C,Prd1,E);
Slow:=Mov(C,Prd2,E);
Bull:=Fast>Slow; Bear:=Fast<Slow;
Green:=Bull AND C>Fast;
Red:=Bear AND C<Fast;
Yellow:=(Bull AND C<Fast AND C>Slow) OR (Bear AND C>Fast AND C<Slow);
Blue:=(Bull AND C<Slow) OR (Bear AND C>Fast);
Buy:=Cross(Fast,Slow); Sell:=Cross(Slow,Fast);
BuyPrice:=ValueWhen(1,Buy,C);
SellPrice:=ValueWhen(1,Sell,C);
Long:=100*((C-BuyPrice)/BuyPrice);
Short:=100*((SellPrice-C)/SellPrice);
Fast; Slow;
by coindition
{PreBuy}{Blue}
PreBuy:=Bearish AND C>Max(Fst,Slw);
{Buy}{Green}
Buy:=Bullish AND C>Max(Fst,Slw);
{Correction}{Yellow}
Correction:=Bullish AND C<Fst AND C>Slw;
{PreSell}{Black}
PreSell:=Bullish AND C<Min(Fst,Slw);
{Sell}{Red}
Sell:=Bearish AND C<Min(Fst,Slw);
{Rally}{Pink}
Rlly:=Bearish AND C>Fst AND C<Slw;
Anyone,please help me