IMP Levels for INTRA Players for Amibroker (AFL)
mmanoj almost 16 years ago Amibroker (AFL)
This indicator is useful for those who basically trades on Pivots
It shows Previous Days OHLC and Todays also
with dynamically changing Pivots
Which shows current Support , Resistence based on Current Market Price
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Indicator / Formula
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_SECTION_BEGIN("LEVELS");
PO=TimeFrameGetPrice( "O", inDaily, -1 );
PL=TimeFrameGetPrice( "L", inDaily, -1 );
PH=TimeFrameGetPrice( "H", inDaily, -1 );
PC=TimeFrameGetPrice( "C", inDaily, -1 );
TO= TimeFrameGetPrice( "O", inDaily, 0 );
TH= TimeFrameGetPrice( "H", inDaily, 0 );
TL= TimeFrameGetPrice( "L", inDaily, 0 );
TC= TimeFrameGetPrice( "C", inDaily, 0 );
PC1= TimeFrameGetPrice( "C", inDaily, -2 );
P=((PH+PL+PC)/3);
R1=((2*P)-PL);
S1=((2*P)-PH);
R2=((P-S1)+R1);
S2=(P-(R1-S1));
R3=PH+(2*(P-PL));
S3=PL-(2*(PH-P));
R=TH-TL;
PP=(TH+TL+TO+TO)/4;
RR1=PP+(R*0.38);
RR2=PP+(R*0.62);
SS1=PP-(R*0.38);
SS2=PP-(R*0.62);
PPP=(TH+TL+TO+TO)/4;
RRR1=((2*PPP)-TL);
SSS1=((2*PPP)-TH);
RRR2=((PPP-SSS1)+RRR1);
SSS2=(PPP-(RRR1-SSS1));
Pchange=PC-PC1;
PPerChange=(Pchange/PC1)*100;
Tchange=TC-PC;
TPerChange=(Tchange/TC)*100;
Title=Name()+
"\nPrevious - O :-"+PO+" H :-"+PH+" L :-"+PL+" C :-"+PC+" Change:- "+Pchange+" %ge:- "+WriteVal(PPerChange,1.2)+
"\nTodays - O :-"+TO+" H :-"+TH+" L :-"+TL+" C :-"+TC+" Change:- "+Tchange+" %ge:- "+WriteVal(TPerChange,1.2)+
"\n"+
"\n"+
"\nLevels"+
"\nEOD Pivot :-"+WriteVal(P,1.2)+
"\nS-1 :-"+WriteVal(S1,1.2)+" - R-1 :-"+WriteVal(R1,1.2)+
"\nS-2 :-"+WriteVal(S2,1.2)+" - R-2 :-"+WriteVal(R2,1.2)+
"\nS-3 :-"+WriteVal(S3,1.2)+" - R-3 :-"+WriteVal(R3,1.2)+
"\n"+
"\nIntraday Pivot :-"+WriteVal(PP,1.2)+
"\nS-1 :-"+WriteVal(SSS1,1.2)+" - R-1 :-"+WriteVal(RRR1,1.2)+
"\nS-2 :-"+WriteVal(SSS2,1.2)+" - R-2 :-"+WriteVal(RRR2,1.2)+
"\n"+
"\nIntraday Retracement Levels"+
"\nS-1 :-"+WriteVal(SS1,1.2)+" - R-1:-"+WriteVal(RR1,1.2)+
"\nS-2 :-"+WriteVal(SS2,1.2)+" - R-2:-"+WriteVal(RR2,1.2);
_SECTION_END();0 comments
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