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SUN AND CLOUD for Amibroker (AFL)
sajid
almost 14 years ago
Amibroker (AFL)

Rating:
4 / 5 (Votes 4)
Tags:
amibroker

by boufalo 17-1-2011
Sun & Cloud System based on idea of ICHIMOKU CHART

Reading of the chart,
1.for long term investors,
a.Bullish when you see the sun(Yellow zone)
b.Bearish when you see the dark cloud(Black
zone)
c.Turning point from bullish to bearish:When
red line break into the yellow zone.
d.Turning point from bearish to bullish: When
red line break through the dark cloud.
2.for short term trading,
reading the changes between the white line and
the red line

THANKS TO MR . BOUFALO FOR SHARING THIS AFL

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Sun & Cloud_i");
// by boufalo 13-1-2011
// Sun & Cloud System based on idea of ICHIMOKU CHART
/*
Reading of the chart, 
1.for long term investors, 
a.Bullish when you see the sun(Yellow zone) 
b.Bearish when you see the dark cloud(Black 
zone) 
c.Turning point from bullish to bearish:When 
red line break into the yellow zone. 
d.Turning point from bearish to bullish: When 
red line break through the dark cloud. 
2.for short term trading, 
reading the changes between the white line and 
the red line 
*/ 

Long2 =EMA( ( HHV( H, 20 ) + LLV( L, 20) )/2,20);
Long1 =EMA( ( HHV( H, 5 ) + LLV( L, 5) )/2,10);
K=(H+2*C+L)/4;
Z=  ( HHV( H, 3 ) + LLV( L, 3) )/2 ;
SP=IIf(K>=Z*1.05,1.10*Z,IIf(K<Z*1.05 AND K>=Z,1.0*Z,IIf(K<Z,0.9*Z,0.9*Z)));
M=IIf(Long1>long2,Long2,Long1);

Plot(C,"Close",colorBlack,styleLine);

SetChartBkGradientFill( ParamColor("Sky",ColorRGB( 128, 128, 255 )),ParamColor("Sky lower", colorGrey40),ParamColor("Text", colorLightGrey));
PlotOHLC( Long1 ,  Long1 ,  m, Long1 ," ", ParamColor("Left Side",ColorRGB( 213, 213, 0 )),styleCloud ); 
PlotOHLC( Long2 ,  Long2 ,  m, Long2 ," ", colorGrey40,styleCloud ); 
PlotOHLC( Long1 ,  Long1 ,  m, Long1 ," ", ParamColor("Land",ColorRGB( 115, 61, 54 )),styleArea );

Title=Name() + " { Sun & Cloud } : \n"+WriteIf(Long1>long2,"Rising Sun","Dark Cloud Cover");

GfxSelectSolidBrush(colorOrange);
GfxCircle( 100, 85 , 28 );
GfxSelectSolidBrush(colorYellow);
GfxSelectPen( colorRed ); 
GfxCircle( 100, 85 , 20 );
_SECTION_END();

4 comments

1. murthyavr

I have just set it up and it looks very exciting.

I will test it in the next couple of days.

Can you please elaborate on the directions for the short term traders?

Because, I don’t see any white or red lines. What all I see is the black
line piercing in and out of Yellow, Grey and Dark brown regions.

Your directions will be helpful in understanding the AFL in clearer terms.

Thanks, boufalo!

- Murthy

2. Kutubi

wow……wow

3. rob hoot

Dear Sajid, are you sure that this afl is completely ok? I searched on internet and found some other versions with not only a different “look” but also a different result. Can I have your email please? Thanks in advance!

4. morgen

very nice!
Thank You

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