Here is an interesting and colourful AFL code which i found it over the web coded by Mr.Southwind(Dont know who he was… But simply the AFL code reads so).
When i explored the AFL code it contains the Heiken Ashi candle and as usual ATR trailing stop loss line along with the Heiken Ashi candle. And more technical indications like Support-Resistance Pivot Basic Stochastic ,RSI ,MACD and few more technical interpretations on the left side of the charting space. At a first time giving a impression that the trading system is much complicated. But it all just a combo Package of simple trading interpretations. Moreover I hadn’t explored much with this indicator. If you have free time then just go through the indicator. The color of the Heiken Ashi candle shows blue color for the uptrend and yellow for the sideways trend and the red color to indicate the downtrend. The Colored Candles of nifty daily chart is shown above. Just click on the picture to have a bigger view
The Foundation by Southwind-Amibroker AFL Code
To Install this indicator
1)Extract the Foundation-Int.rar and save it in your local hard drive
2)Copy JurikLib.dll and kpami.dll and paste it in your Amibroker Plugin folder which is by default C:Program FilesAmiBrokerPlugins
3)Copy T3_include.afl to the AFL formula-include folder which is by default C:Program FilesAmiBrokerFormulasInclude
4)Copy Foundation by South Wind AFL code Ver 13.afl and paste it in AFL formula-custom folder C:Program FilesAmiBrokerFormulasCustom
5)Now to view the charts Open Amibroker and goto File->New->New Chart
6)then goto View->Charts and select the afl from the left plane under the Custom folder
7)Then set the background to black. To do so goto Tools->Preference and select the color tab and set the background color to Black
Its all done now the colourful AFL is ready!
If you find more explorations with this AFL then do share it here too