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IMP Levels for INTRA Players for Amibroker (AFL)
mmanoj
about 14 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
amibroker, Intrday, pivots

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

Copy & Paste Friendly
_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();

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