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Pattern Commentary for Amibroker (AFL)
Nahid
over 14 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 4)
Tags:
amibroker, pattern

This AFL indicates when to buy and when to sell the stock. It also gives some stats on the past patterns.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Unnamed 34");
Version(4.70); // needs AmiBroker 4.70
function msPattPos( element )
{
   Value1 = Ref( H, -1 );
   Value2 = Ref( L, -1 );
   Value3 = ( Value1 + Value2 )/2;
   Dist = Ref( ATR( 10 ), -1 );
   Value4 = Value1 + Dist;
   Value5 = Value2 - Dist;
   result = IIf( element < Value5, 0,
            IIf( element < Value2, 1,
            IIf( element < Value3, 2,
            IIf( element < Value1, 3,
            IIf( element < Value4, 4,
                              5 ) ) ) ) );
  return result;
}
function msPattToText( patt )
{
 result =
 WriteIf( patt == 0, " is below previous (Low - ATR 10) ",
 WriteIf( patt == 1, " is above (at) previous (Low - ATR 10) and below previous Low ",
 WriteIf( patt == 2, " is above (at) previous Low and below previous Midpoint ",
 WriteIf( patt == 3, " is above (at) previous Midpoint and below previous High ",
 WriteIf( patt == 4, " is above (at) previous High and below (High + ATR 10) ",
 " is above (at) previous (High + ATR(10) " ) ) ) ) );
 return result;
}
function msRecognize()
{
   return 1000 * msPattPos( Open ) + 100 * msPattPos( High ) +
          10 * msPattPos( Low ) + msPattPos( Close );
}
function msPatternDescription( patt )
{
   return "Open: " + msPattToText( round( ( patt / 1000 ) % 10 ) ) + "\n" +
          "High: " + msPattToText( round( ( patt / 100 ) % 10 ) ) + "\n" +
          "Low: " + msPattToText( round( ( patt / 10 ) % 10 ) ) + "\n" +
          "Close: " + msPattToText( round( patt % 10 ) );
}
patts = msRecognize();
// by default use pattern occuring at selected bar
DesiredPattern = SelectedValue( patts );
// if you want manual-entry of pattern code from parameter dialog
// then uncomment the line below
//DesiredPattern=Param("Pattern to look for", 3434, 0, 5555, 0 );
Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g,
        Lo %g, Close %g", O, H, L, C);
Title = Title + "\nPattern code is : " + DesiredPattern + "\n" +
        msPatternDescription( DesiredPattern  );
Plot(C, "Price", ParamColor("Color", colorBlack), styleNoTitle |
        ParamStyle("Style") | GetPriceStyle() );
PattCloseAbove = DesiredPattern == patts AND Ref( Close > Open, 1 );
PattCloseBelow = DesiredPattern == patts AND Ref( Close < Open, 1 );
PlotShapes(    ( DesiredPattern == patts ) * shapeCircle ,
            IIf( PattCloseAbove, colorGreen,
            IIf( PattCloseBelow, colorRed, colorBlue ) ),
            0, High, 30 );
NumPatterns = LastValue( Cum( DesiredPattern == patts ) );
NumPattCloseAbove = LastValue( Cum( PattCloseAbove ) );
NumPattCloseBelow = LastValue( Cum( PattCloseBelow ) );
NumPattCloseEqual = NumPatterns - NumPattCloseAbove - NumPattCloseBelow;
Title = Title +
"\n\nTotal number of Patterns: " + NumPatterns +
"\n% on Total Bars: " + 100 * NumPatterns/BarCount +
"\nIn the next bar\n" +
EncodeColor(colorGreen) +
"Close has been above the open " + NumPattCloseAbove +
" (" + NumPattCloseAbove / NumPatterns + "%) times\n" +
EncodeColor(colorRed) +
"Close has been below the open " + NumPattCloseBelow + " (" +
NumPattCloseBelow / NumPatterns +" %) times\n" +
EncodeColor(colorBlue) +
"Close has been equal to the open " + NumPattCloseEqual + " (" +
NumPattCloseEqual / NumPatterns +" %)times";
_SECTION_END();

1 comments

1. shariful

good effort, thanks

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