Hi raine,
Yes, indeed it was coded for use in amibroker and mainly for use in day trading. It makes use of the ADX, the PDI and MDI and of course the bollinger band as you can see from the chart. One caution though, it makes use of pivots, so there is a lookback period and a balance between accuracy and time. It therefore makes use of the bollinger bands where a touch of the bands will indicate extreme conditions and low risk areas for trade. Best to use as a guide and with other indicators providing confirmation with the trading system
Hope this helps
dascore
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