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PIVOT TRADING SYSTEM for Amibroker (AFL)
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_SECTION_BEGIN("Pivot Trading System"); // User defined parameters. GraphXSpace = 10; //defines how much extra space should be added above and below graph line (in percent). dist = 0.25*ATR(10); Capital=Param("Total capital",100000,10000,1000000,1000); drawdown=Param("Max. loss per trade as % of Capital", 1.0,0.5,25.0,0.1); room=Param("Room for S/L as % of Pivot value",0.001,0.001,0.02,0.001); PH= ValueWhen( (Ref(H,-2) > Ref(H, -4)) AND (Ref(H,-2) > Ref(H, -3)) AND (Ref(H,-2) > Ref(H, -1)) AND (Ref(H,-2) > H), Ref(H,-2)); PL= ValueWhen( (Ref(L,-2) <= Ref(L, -4)) AND (Ref(L,-2) <= Ref(L, -3)) AND (Ref(L,-2) <= Ref(L, -1)) AND (Ref(L,-2) <= L), Ref(L,-2)); phfilter=PH+(room*PH); plfilter=PL-(room*PL); Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorRed), styleDashed); Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorGreen), styleDashed); Plot(Ref(Phfilter,2), "Upfilter", ParamColor("upfilter Color",colorRed), styleLine); Plot(Ref(Plfilter,2), "Downfilter",ParamColor("dnfilter Color",colorGreen), styleLine); for (a=4;a<BarCount;a++) { if ((H[a-2] >= H[a-4]) AND (H[a-2] >= H[a-3]) AND (H[a-2] >= H[a-1]) AND (H[a-2] >= H[a])) PlotText("PH", a-2, H[a-2], colorGreen); if ((L[a-2] <= L[a-4]) AND (L[a-2] <= L[a-3]) AND (L[a-2] <= L[a-1]) AND (L[a-2] <= L[a])) PlotText("PL", a-2, L[a-2]-dist[a-2], colorRed); } //Condition for buy : Enter when Close crosses latest pivot high. Buy = C> (PH+(room*PH)); initialStopBuy=Ref(PL,2)-(Ref(PL,2)*room/100); trailStopBuy=IIf(C>PH,Ref(initialStopBuy,-1),initialStopBuy); newStopBuy=trailStopBuy; BuyLimitCapital=int(Capital/C); SLbuy=round(C-initialStopBuy); BuyLimitSL=int((Capital*drawdown)/(100*SLbuy)); //Condition for sell : Exit when previous pivot low is cracked. Sell = C< (PL-(room*PL)); Buy = ExRem(Buy,Sell); Sell= ExRem(Sell,Buy); Short = Sell; Cover = Buy; Short=ExRem(Short,Cover); Cover=ExRem(Cover,Short); shape = Buy * shapeUpArrow + Sell * shapeDownArrow; PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) ); _SECTION_END(); _SECTION_BEGIN("Macd coloured price"); //============================================candle sticks======================= a = Param("fast macd period",3,1,100,1); b = Param("slow macd period",34,1,100,1); Up_MACD_TRIX = MACD( a, b ) > Ref(MACD(a,b),-1); Down_MACD_TRIX = MACD( a, b ) < Ref(MACD(a,b),-1); Colormacd = IIf(Up_MACD_TRIX,colorLime,IIf(Down_MACD_TRIX,colorRed,colorCustom12)); PlotOHLC( Open, High, Low, Close, "", Colormacd, styleBar ); _SECTION_END(); _SECTION_BEGIN("Background_Setting"); SetChartBkGradientFill( ParamColor("BgTop", colorCustom14), ParamColor("BgBottom", colorLightGrey),ParamColor("titleblock",colorYellow)); _SECTION_END(); // Paste the code below to your price chart somewhere and green ribbon means both // both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX // are both trending down. _SECTION_BEGIN("trending ribbon"); uptrend=PDI()>MDI()AND Signal()<MACD(); downtrend=MDI()>PDI()AND Signal()>MACD(); Plot( 2, /* defines the height of the ribbon in percent of pane width*/"ribbon", IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END(); _SECTION_BEGIN("Magnified Market Price"); FS=Param("Font Size",30,30,100,1); GfxSelectFont("Arial", FS, 700, italic = False, underline = False, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorBlack) ); Hor=Param("Horizontal Position",750,800,800,800); Ver=Param("Vertical Position",27,27,27,27); GfxTextOut(""+C,Hor , Ver ); YC=TimeFrameGetPrice("C",inDaily,-1); DD=Prec(C-YC,2); xx=Prec((DD/YC)*100,2); GfxSelectFont("Arial", 12, 700, italic = False, underline = False, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor(ParamColor("Color",colorYellow) ); GfxTextOut(""+DD+" ("+xx+"%)", Hor+5, Ver+45 ); _SECTION_END(); ///////////////////////////candle stick reader _SECTION_BEGIN("Candle Identification"); O1 = Ref(O,-1);O2 = Ref(O,-2); H1 = Ref(H,-1);H2 = Ref(H,-2); L1 = Ref(L,-1);L2 = Ref(L,-2); C1 = Ref(C,-1);C2 = Ref(C,-2); function CandlePattern(P) { global PatternName; if(P == 0) { PatternName = "NearDoji"; Pv = (abs(O-C)<= ((H-L)*0.1)); } else if(P == 1) { PatternName = "BlackCandle"; Pv = (O>C); } else if(P == 2) { PatternName = "LongBlackCandle"; Pv = (O>C AND (O-C)/(.001+H-L)>.6); } else if(P == 3) { PatternName = "SmallBlackCandle"; Pv = ((O>C) AND ((H-L)>(3*(O-C)))); } else if(P == 4) { PatternName = "WhiteCandle"; Pv = (C>O); } else if(P == 5) { PatternName = "LongWhiteCandle"; Pv = ((C>O) AND ((C-O)/(.001+H-L)>.6)); } else if(P == 6) { PatternName = "SmallWhiteCandle"; Pv = ((C>O) AND ((H-L)>(3*(C-O)))); } else if(P == 7) { PatternName = "BlackMaubozu"; Pv = (O>C AND H==O AND C==L); } else if(P == 8) { PatternName = "WhiteMaubozu"; Pv = (C>O AND H==C AND O==L); } else if(P == 9) { PatternName = "BlackClosingMarubozu"; Pv = (O>C AND C==L); } else if(P == 10) { PatternName = "WhiteClosingMarubozu"; Pv = (C>O AND C==H); } else if(P == 11) { PatternName = "BlackOpeningMarubozu"; Pv = (O>C AND O==H); } else if(P == 12) { PatternName = "WhiteOpeningMarubozu"; Pv = (C>O AND O==L); } else if(P == 13) { PatternName = "HangingMan"; Pv = (((H-L)>4*(O-C)) AND ((C-L)/(.001+H-L)>= 0.75) AND ((O-L)/(.001+H-L)>= 0.75)); } else if(P == 14) { PatternName = "Hammer"; Pv = (((H-L)>3*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6)); } else if(P == 15) { PatternName = "InvertedHammer"; Pv = (((H-L)>3*(O-C)) AND ((H-C)/(.001+H-L)>0.6) AND ((H-O)/(.001+H-L)>0.6)); } else if(P == 16) { PatternName = "ShootingStar"; Pv = (((H-L)>4*(O-C)) AND ((H-C)/(.001+H-L)>= 0.75) AND ((H-O)/(.001+H-L)>= 0.75)); } else if(P == 17) { PatternName = "BlackSpinningTop"; Pv = ((O>C) AND ((H-L)>(3*(O-C))) AND (((H-O)/(.001+H-L))<.4) AND (((C-L)/(.001+H-L))<.4)); } else if(P == 18) { PatternName = "WhiteSpinningTop"; Pv = ((C>O) AND ((H-L)>(3*(C-O))) AND (((H-C)/(.001+H-L))<.4) AND (((O-L)/(.001+H-L))<.4)); } else if(P == 19) { PatternName = "BearishAbandonedBaby"; Pv = ((C1 == O1) AND (C2>O2) AND (O>C) AND (L1>H2) AND (L1>H)); } else if(P == 20) { PatternName = "BearishEveningDojiStar"; Pv = ((C2>O2) AND ((C2-O2)/(.001+H2-L2)>.6) AND (C2<O1) AND (C1>O1) AND ((H1-L1)>(3*(C1-O1))) AND (O>C) AND (O<O1)); } else if(P == 21) { PatternName = "DarkCloudCover"; Pv = (C1>O1 AND ((C1+O1)/2)>C AND O>C AND O>C1 AND C>O1 AND (O-C)/(.001+(H-L)>0.6)); } else if(P == 22) { PatternName = "BearishEngulfing"; Pv = ((C1>O1) AND (O>C) AND (O>= C1) AND (O1>= C) AND ((O-C)>(C1-O1))); } else if(P == 23) { PatternName = "ThreeOutsideDownPattern"; Pv = ((C2>O2) AND (O1>C1) AND (O1>= C2) AND (O2>= C1) AND ((O1-C1)>(C2-O2)) AND (O>C) AND (C<C1)); } else if(P == 24) { PatternName = "BullishAbandonedBaby"; Pv = ((C1 == O1) AND (O2>C2) AND (C>O) AND (L2>H1) AND (L>H1)); } else if(P == 25) { PatternName = "BullishMorningDojiStar"; Pv = ((O2>C2) AND ((O2-C2)/(.001+H2-L2)>.6) AND (C2>O1) AND (O1>C1) AND ((H1-L1)>(3*(C1-O1))) AND (C>O) AND (O>O1)); } else if(P == 26) { PatternName = "BullishEngulfing"; Pv = ((O1>C1) AND (C>O) AND (C>= O1) AND (C1>= O) AND ((C-O)>(O1-C1))); } else if(P == 27) { PatternName = "ThreeOutsideUpPattern"; Pv = ((O2>C2) AND (C1>O1) AND (C1>= O2) AND (C2>= O1) AND ((C1-O1)>(O2-C2)) AND (C>O) AND (C>C1)); } else if(P == 28) { PatternName = "BullishHarami"; Pv = ((O1>C1) AND (C>O) AND (C<= O1) AND (C1<= O) AND ((C-O)<(O1-C1))); } else if(P == 29) { PatternName = "ThreeInsideUpPattern"; Pv = ((O2>C2) AND (C1>O1) AND (C1<= O2) AND (C2<= O1) AND ((C1-O1)<(O2-C2)) AND (C>O) AND (C>C1) AND (O>O1)); } else if(P == 30) { PatternName = "PiercingLine"; Pv = ((C1<O1) AND (((O1+C1)/2)<C) AND (O<C) AND (O<C1) AND (C<O1) AND ((C-O)/(.001+(H-L))>0.6)); } else if(P == 31) { PatternName = "BearishHarami"; Pv = ((C1>O1) AND (O>C) AND (O<= C1) AND (O1<= C) AND ((O-C)<(C1-O1))); } else if(P == 32) { PatternName = "ThreeInsideDownPattern"; Pv = ((C2>O2) AND (O1>C1) AND (O1<= C2) AND (O2<= C1) AND ((O1-C1)<(C2-O2)) AND (O>C) AND (C<C1) AND (O<O1)); } else if(P == 33) { PatternName = "ThreeWhiteSoldiers"; Pv = (C>O*1.01) AND (C1>O1*1.01) AND (C2>O2*1.01) AND (C>C1) AND (C1>C2) AND (O<C1) AND (O>O1) AND (O1<C2) AND (O1>O2) AND (((H-C)/(H-L))<.2) AND (((H1-C1)/(H1-L1))<.2) AND (((H2-C2)/(H2-L2))<.2); } else if(P == 34) { PatternName = "DarkCloudCover"; Pv = (C1>O1*1.01) AND (O>C) AND (O>H1) AND (C>O1) AND (((C1+O1)/2)>C) AND (C>O1) AND (MA(C,13)-Ref(MA(C,13),-4)>0); } else if(P == 35) { PatternName = "ThreeBlackCrows"; Pv = (O>C*1.01) AND (O1>C1*1.01) AND (O2>C2*1.01) AND (C<C1) AND (C1<C2) AND (O>C1) AND (O<O1) AND (O1>C2) AND (O1<O2) AND (((C-L)/(H-L))<.2) AND (((C1-L1)/(H1-L1))<.2) AND (((C2-L2)/(H2-L2))<.2); } else if(P == 36) { PatternName = "doji"; Pv = (O == C); } else if(P == 37) { PatternName = "GapUp"; Pv = GapUp(); } else if(P == 38) { PatternName = "GapDown"; Pv = GapDown(); } else if(P == 39) { PatternName = "BigGapUp"; Pv = L>1.01*H1; } else if(P == 40) { PatternName = "BigGapDown"; Pv = H<0.99*L1; } else if(P == 41) { PatternName = "HugeGapUp"; Pv = L>1.02*H1; } else if(P == 42) { PatternName = "HugeGapDown"; Pv = H<0.98*L1; } else if(P == 43) { PatternName = "DoubleGapUp"; Pv = GapUp() AND Ref(GapUp(),-1); } else if(P == 44) { PatternName = "DoubleGapDown"; Pv = GapDown() AND Ref(GapDown(),-1); } return Pv; } PatternNameList = ""; for(Cp=0; Cp<=44; Cp++) { VarSet("Pattern"+NumToStr(Cp,1.0),CandlePattern(cP)); PatternNameList = PatternNameList +PatternName+","; } BI = BarIndex(); SelectedBar = SelectedValue(BI) -BI[0]; //Selectedbar = Status("lastvisiblebar")-1; PStr=""; for(Cp=0; Cp<=44; Cp++) { Temp = VarGet("Pattern"+NumToStr(Cp,1.0)); if(temp[SelectedBar]) Pstr=Pstr+"#"+NumToStr(Cp,1.0)+" - "+StrExtract(PatternNameList,Cp)+"\n"; } FS=Param("Font Size",11,11,100,1); GfxSelectFont("Times New Roman", FS, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorWhite) ); Hor=Param("Horizontal Position",237,1,1200,1); Ver=Param("Vertical Position",50,1,830,1); GfxTextOut("Candle Reader= "+Pstr, Hor , Ver ); _SECTION_END(); _SECTION_BEGIN("Robert's Pivot Points"); //--------------------------------------------------------------------------- // Pivot Pointer //--------------------------------------------------------------------------- // Now a days each and every trader wants pivot levels for thier day // trading.But the main feature in this afl is you can get all types of // pivot point in a single afl, Some of the traders use Woodie pivot, // caramilla pivot, Fibonacci pivot and most of them used Classical // pivot, i think this afl will solve all your needs. //--------------------------------------------------------------------------- //--------------------------------------------------------------------------- // Please write your comments to arokiaraj_robert@yahoo.com //--------------------------------------------------------------------------- //--------------------------------------------------------------------------- // This section gets whether they want pivot level for intraday or thier eod //--------------------------------------------------------------------------- _N(ioreod =ParamList("Pivot Levels for ", "Intraday|EOD")); if (ioreod=="Intraday") { yh = TimeFrameGetPrice( "H", inDaily, -1 ); yl = TimeFrameGetPrice( "L", inDaily, -1 ); yc = TimeFrameGetPrice( "C", inDaily, -1 ); } else { yh = TimeFrameGetPrice( "H", inDaily, 0 ); yl = TimeFrameGetPrice( "L", inDaily, 0 ); yc = TimeFrameGetPrice( "C", inDaily, 0 ); } //--------------------------------------------------------------------------- // To calculate the Pivot Levels //--------------------------------------------------------------------------- to = TimeFrameGetPrice( "O", inDaily, 0 ); pivot = (yh + yl + yc) / 3; range = yh - yl; _N(pist =ParamList("Select Pivot Type ", "Classical Pivot|Woodie Pivot|Caramilla Pivot|Fibonacci Pivot")); if (pist =="Classical Pivot" ) { r1 = (2 * pivot) - yl ; s1 = (2 * pivot) - yh ; r2 = pivot - s1 + r1; s2 = pivot - (r1 - s1) ; r3 = 2 * (pivot - yl) + yh ; s3 = yl - (2 * (yh - pivot)); } else if(pist =="Woodie Pivot" ) { pivot = (yh + yl + yc + to) / 4; r1 = (2 * pivot) - yl; r2 = pivot + range; r3 = yh + 2 * (pivot - yl); r4 = r3 + range; s1 = (2 * pivot) - yh; s2 = pivot - range; s3 = yl - 2 * (yh - pivot); s4 = S3 - range; } else if(pist =="Caramilla Pivot" ) { r4 = yc + range * 1.1/2; r3 = yc + range * 1.1/4; r2 = yc + range * 1.1/6; r1 = yc + range * 1.1/12; s1 = yc - range * 1.1/12; s2 = yc - range * 1.1/6; s3 = yc - range * 1.1/4; s4 = yc - range * 1.1/2; } else { r3 = pivot + 1.000 * (yh - yl); r2 = pivot + 0.618 * (yh - yl); r1 = pivot + 0.382 * (yh - yl); s1 = pivot - 0.382 * (yh - yl); s2 = pivot - 0.618 * (yh - yl); s3 = pivot - 1.000 * (yh - yl); } //--------------------------------------------------------------------------- // To Plot Pivot Levels in the screen //--------------------------------------------------------------------------- _N(dsr =ParamList("Draw Intraday Pivot Levels ", "None|Both|Support|Resistance")); if (dsr =="Support" OR dsr == "Both") { Plot(pivot, "\n Pivot - ",colorGreen,1); Plot(r1, "Resistance 1 - ",colorDarkRed,1); Plot(r2, "Resistance 2 - ",colorDarkRed,1); Plot(r3, "Resistance 3 - ",colorDarkRed,1); Plot((pivot+r1)/2, "Mid Value of R1 & Pivot ",colorLightBlue,1); Plot((r3+r2)/2, "Mid Value of R2 & R3 - ",colorLightBlue,1); Plot((r1+r2)/2, "Mid Value of R1 & R2 - ",colorLightBlue,1); } if( dsr == "Resistance" OR dsr == "Both") { Plot(pivot, "\n Pivot - ",colorGreen,1); Plot(s3, "Support 2 - ",colorDarkGreen,1); Plot(s2, "Support 2 - ",colorDarkGreen,1); Plot(s1, "Support 1 - ",colorDarkGreen,1); Plot((s3+s2)/2, "Mid Value of S2 & S3 ",colorWhite,1); Plot((s1+s2)/2, "Mid Value of S1 & S2 - ",colorWhite,1); Plot((pivot+s1)/2, "Mid Value of S1 & Pivot ",colorWhite,1); } //--------------------------------------------------------------------------- // Printing the pivot level in interpretation window //--------------------------------------------------------------------------- printf(Name()+ "\n\nResistance - 3 | %g\nResistance - 2 | %g\nResistance - 1 | %g\n" + "Pivot | %g\nSupport - 1 | %g\nSupport - 2 | %g\nSupport - 3 | %g", r3,r2,r1,pivot,s1,s2,s3); //--------------------------------------------------------------------------- // This section is for Exploration //--------------------------------------------------------------------------- Filter = 1; AddColumn(r3,"Resistance 3"); AddColumn(r2,"Resistance 2"); AddColumn(r1,"Resistance 1"); AddColumn(Pivot,"Pivot"); AddColumn(s1,"Support 1"); AddColumn(s2,"Support 2"); AddColumn(s3,"Support 3"); //--------------------------------------------------------------------------- // Add Pivot levels along with the title //--------------------------------------------------------------------------- _N(Title = EncodeColor(colorBrown)+ StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g(%.1f%%)\n"+ EncodeColor(4)+"Resistance 3 -=- %g ::::: Resistance 2 -=- %g ::::: Resistance 1 -=- %g :::::"+ EncodeColor(colorGreen)+" Pivot -=- %g"+ EncodeColor(29)+"\nSupport 1 -=- %g ::::: Support 2 -=- %g ::::: Support 3 -=- %g\n ", O, H, L, C,SelectedValue( ROC( C, 1 ) ),r3,r2,r1,pivot,s1,s2,s3)); //--------------------------------------------------------------------------- // End of Pivot Point //--------------------------------------------------------------------------- _SECTION_END(); _SECTION_BEGIN("Bollinger Bands"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1 ); Width = Param("Width", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorCycle ); Style = ParamStyle("Style"); Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); _SECTION_END();