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#1 Selling Amibroker Plugin featuring:
N line break for Amibroker (AFL)
After Steve Nison’s book: Beyond Candlesticks, Chapter 6: three line break charts
Option 1: turn time axis on/off, Option 2: N-line break instead of 3-line break
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Similar Indicators / Formulas
Indicator / Formula
procedure constructChart_proc(nBar) { global lBeginTime; global lEndTime; global lBeginNoTime; global lEndNoTime; global j; lBeginTime[ 0 ] = C[ 0 ]; lEndTime[ 0 ] = C[ 0 ]; lBeginNoTime[ 0 ] = C[ 0 ]; lEndNoTime[ 0 ] = C[ 0 ]; lastHigh = C[ 0 ]; lastLow = C[ 0 ]; numUp = 0; numDn = 0; j = 0; for ( i = 1; i < BarCount; i++ ) { // 1) trend change up if ( C[ i ] > lastHigh AND numDn >= nBar AND numUp == 0) { numDn = 0; numUp = numUp + 1; j = j + 1; lBeginTime[ i ] = lBeginTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lBeginNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; lastLow = lEndNoTime[ j - 1 ]; lastHigh = C[ i ]; } // 2) trend up continuation after downbar else if ( C[ i ] > lastHigh AND numDn > 0 AND numDn < nBar AND numUp == 0) { numDn = 0; numUp = numUp + 1; j = j + 1; lBeginTime[ i ] = lBeginTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lBeginNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; lastLow = lEndNoTime[ j - 1 ]; lastHigh = C[ i ]; } // 3) trend up continuation else if ( C[ i ] > lastHigh AND numDn == 0 ) { numDn = 0; numUp = numUp + 1; j = j + 1; lBeginTime[ i ] = lEndTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lEndNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; if (numUp >= nbar) { lastLow = lEndNoTime[ j - nBar ]; } else if (numUp < nBar) { lastLow = lastLow; } lastHigh = C[ i ]; } // 1) trend change down else if ( C[ i ] < lastLow AND numUp >= nBar AND numDn == 0) { numUp = 0; numDn = numDn + 1; j = j + 1; lBeginTime[ i ] = lBeginTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lBeginNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; lastLow = C[ i ]; lastHigh = lEndNoTime[ j - 1 ]; } // 2) trend down continuation after upbar else if ( C[ i ] < lastLow AND numUp > 0 AND numUp < nBar AND numDn == 0) { numUp = 0; numDn = numDn + 1; j = j + 1; lBeginTime[ i ] = lBeginTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lBeginNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; lastLow = C[ i ]; lastHigh = lEndNoTime[ j - 1 ]; } // 3) trend down continuation else if ( C[ i ] < lastLow AND numUp == 0 ) { numUp = 0; numDn = numDn + 1; j = j + 1; lBeginTime[ i ] = lEndTime[ i - 1]; lEndTime[ i ] = C[ i ]; lBeginNoTime[ j ] = lEndNoTime[ j - 1]; lEndNoTime[ j ] = C[ i ]; if (numDn >= nbar) { lastHigh = lEndNoTime[ j - nBar ]; } else if (numDn < nBar) { lastHigh = lastHigh; } lastLow = C[ i ]; } // no break else if ( C[ i ] >= lastLow AND C[ i ] <= lastHigh ) { lBeginTime[ i ] = lBeginTime[ i - 1]; lEndTime[ i ] = lEndTime[ i - 1 ]; } } } // code by E.M.Pottasch, 11/7/2010, N line Break Charts // After Steve Nison's book: Beyond Candlesticks, Chapter 6: three line break charts // Option 1: turn time axis on/off, Option 2: N-line break instead of 3-line break SetBarsRequired( sbrAll, sbrAll ); nBar = Param( "nBar", 3, 2, 10, 1 ); constructChart_proc(nBar); Title = Name() + " | " + EncodeColor( colorYellow ) + nbar + EncodeColor( colorWhite ) + " Line Break"; chartType = ParamToggle("Show Time Axis","show|hide",0); if (chartType) { GraphXSpace = 5; SetChartOptions( 0, chartShowDates ); Plot(C, "\nTLB", colorWhite, styleBar); C = lEndTime; O = lBeginTime; H = IIf( C > O, C, O ); L = IIf( C > O, O, C ); Plot(C,"", colorWhite, styleCandle); } else { delta = BarCount - 1 - j; lBeginNoTime = Ref(lBeginNoTime,-delta); lEndNoTime = Ref(lEndNoTime,-delta); C = lEndNoTime; O = lBeginNoTime; H = IIf( C > O, C, O ); L = IIf( C > O, O, C ); Plot(C,"\nTLB", colorWhite, styleCandle); }
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hi Empottasch sir, this afl looks very interesting, it would be helpful to all if you explain in detail about this afl.
thanks in advance,
Murali krishna