Sahasra 50% mecanical trades for Amibroker (AFL)

sahasra

over 14 years ago

Amibroker (AFL)

This Code is inspired From the code posted by “Natasha” in the files section of Amibroker groups…
I am not a coder ,but i like to blend them to suite my requirements.
I wish any professional coder to code some of the requirements which i was unable to do.
They are stop loss, and to plot the values at the end of the line.
This code plots the ZIG High/low/Average of the ZIG high and low(50%) of the past swings…
Rules——Stated by GANN…
Always remember that the 50% reaction or half way point of the range of fluctuation (or) of the extreme highest point of a stock (or) any particular move is the most important point for support on the down side or for meeting selling &resistance on the way up.This is the Balancing point because it divides the range of the fiuctions into two equal parts..You can make a fortune by following this one rule alone..A careful study of past movements in any stock will prove with out dought that this rule works and that you can make profit following it..The average (or) mid point the wider the range and longer the time period the more important is this half way point..(((Trade setup— Buy/sell at 50% area and have 60% retrachment as stop loss)……
SAHASRA

Screenshots

Indicator / Formula

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | styleCandle| ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

 
 _SECTION_BEGIN("TOP BOTTOM");
   sen = Param("% change",5,0.1,25,0.1);
  High = Peak( H, Sen ) ; 
  Low = Trough( L, Sen ) ;
  Mid = Zig(H+L/2,SEN) ;
mid = (H+L)/2; 
Top = (High);    
Bottom=  (Low);          
Plot(Zig(C,Sen)," Zig " ,  colorBlue,styleLine) ;
Plot(TOP,"TOP",colorGold,styleDots|styleNoLine|styleNoRescale);
Plot(Mid,"Mid",colorRed,styleDots|styleNoLine|styleNoRescale); 
Plot(BOTTOM,"BOTTOM",colorGreen,styleDots|styleNoLine|styleNoRescale); 
_SECTION_END();
 

  
        

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