Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
High-Low_Zig peak for Amibroker (AFL)
Copy & Paste Friendly
Back
_SECTION_BEGIN("High-Low_Zig"); High_Reversal_Line = ParamToggle("High_Reversal_Line"," OFF | ON", default=1 ); //default True Low_Reversal_Line = ParamToggle("Low_Reversal_Line", " OFF | ON", default=1 ); //default True Cloud = ParamToggle("Cloud"," OFF | ON", default=1 ); //default True High_Reversal_Percent = Param("High-Reversal-%",5,2,10,0.2); //default 5 Low_Reversal_Percent = Param("Low-Reversal-%",5,2,10,0.2); //default 5 High_Reversal_Period = Param("High-Reversal-Days",22,5,65,1); //default 22 Low_Reversal_Period = Param("Low-Reversal-Days",22,5,65,1); //default 22 High_Reversal_Value = HHV(H,High_Reversal_Period) * (1 - High_Reversal_Percent/100); Low_Reversal_Value = LLV(L,Low_Reversal_Period) * (1 + Low_Reversal_Percent/100); Trend_UP = High > High_Reversal_Value; Trend_DN = Low < Low_Reversal_Value; /* After the signal is genrated, we trade the next day/bar @ open Remove the Comment when doing backtesting*/ SetTradeDelays(1,1,1,1); BuyPrice = Open; SellPrice = Open; ShortPrice = Open; CoverPrice = Open; SetPositionSize(100000,1); // Fixed 1 LAC allocation for every trade // Is it possible to get both the signals same day?? // Don't know, anyway lets take precaution Buy = Trend_UP AND (NOT Trend_DN); Sell = Trend_DN AND (NOT Trend_UP); Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy); Short = Sell; Cover = Buy; // the plots for the graphs Plot( C, "Close", IIf(Trend_UP,colorBlue,IIf(Trend_DN,colorRed,colorBlack)),styleBar|styleThick ); myshape = Buy * shapeUpArrow + Sell * shapeDownArrow ; PlotShapes(myshape,IIf(Buy,colorBlue,IIf(Sell,colorRed,colorWhite)),0,IIf(Buy, Low, High)); // the reversal lines Plot(High_Reversal_Value,"HRV",IIf(High_Reversal_Line,colorGreen,colorWhite), styleThick); Plot(Low_Reversal_Value,"LRV", IIf(Low_Reversal_Line, colorOrange,colorWhite),styleThick); // Plots a Cloud when signal is not exclusive i.e Both are True or Both are False Cloud_High = IIf(High_Reversal_Value < Low_Reversal_Value, Low_Reversal_Value, High_Reversal_Value); Cloud_Low = IIf(High_Reversal_Value > Low_Reversal_Value, Low_Reversal_Value, High_Reversal_Value); Cloud_Color = IIf(NOT Cloud,colorWhite,IIf(Trend_UP AND Trend_DN,colorBrightGreen,IIf(NOT Trend_UP AND NOT Trend_DN, colorLightGrey,colorWhite))); PlotOHLC(Cloud_Low,Cloud_High,Cloud_Low,Cloud_High,"",Cloud_Color); _SECTION_END();