Skip to main content

Elliot 1 to 8 for Amibroker (AFL)

kathamuthu over 15 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 7)
  • Tags:
    amibroker, elliot

This elliot wave very use full to long and short term not intraday,

Screenshots

Indicator / Formula

Copy & Paste Friendly
Plot(C, "", IIf(O>=C, colorOrange, colorGreen), ParamStyle("Price Style",styleCandle,maskPrice));

//Elliot Wave [Single Loop]
_SECTION_BEGIN("Elliotwave");
X=BarIndex();
p=Param("p",1,5,30,1);
z=Zig(C,p);Plot(C,"C",2,64);
CONDP=PeakBars(C,P)==0;SP=Cum(CONDP);
EP1=ValueWhen(CONDP,C,1);TP1=ValueWhen(CONDP,X,1); 
EP2=ValueWhen(CONDP,C,2);TP2=ValueWhen(CONDP,X,2);
EP3=ValueWhen(CONDP,C,3);TP3=ValueWhen(CONDP,X,3);
EP4=ValueWhen(CONDP,C,4);TP4=ValueWhen(CONDP,X,4);
CONDT=TroughBars(C,P)==0;ST=Cum(CONDT);
ET1=ValueWhen(CONDT,C,1);TT1=ValueWhen(CONDT,X,1);
ET2=ValueWhen(CONDT,C,2);TT2=ValueWhen(CONDT,X,2);
ET3=ValueWhen(CONDT,C,3);TT3=ValueWhen(CONDT,X,3);
ET4=ValueWhen(CONDT,C,4);TT4=ValueWhen(CONDT,X,4);
ET5=ValueWhen(CONDT,C,5);TT5=ValueWhen(CONDT,X,5);
// EW definition
EW8=EP3>EP4 AND EP2>EP3 AND EP2>EP1 AND ET4>ET5 AND ET3>ET2 AND
ET2>ET1 AND ET3>ET4 AND ET4>ET5 AND CONDT;
COLOR=colorWhite;
PlotShapes(shapeDigit8*EW8,color);
G=Cum(CONDP OR CONDT);
GEW=SelectedValue(ValueWhen(EW8,G));
for(n=1;n<=9;n++)
{
PlotShapes((49-(2*n-(n%2)))*(G==GEW-n AND (n%2)*CONDP+(-1+n%2)
*CONDT),Color);
}
Plot(EW8,"",colorRed,2+styleOwnScale);
Plot(z,"",colorYellow,styleThick);
Filter=EW8;// explore for all quotations
AddColumn(C,"C");
GraphXSpace=8;
_SECTION_END();

10 comments

over 15 years ago

I LIKE THIS FORMULA THNAX ALOT VERY GOOD WORK PUT CAN TELL US THE DIFFRINCE BETWEEN THE PULLISH 8TH WAVE AND THE BEARISH ONE
ANY WAY THNX ALOT.

2. vputcha
over 15 years ago

Hi,
The code does not resemble the screen shot. Thanks, Vishnu Vandana

almost 15 years ago

حركات يا لوورد هنا عليمي وهناك مسوي محلل فني مين قدك هههههه

4. bors
almost 15 years ago

sorry it did not worked
. i copied & pasted it but nothing happened.

as the friend said
The code does not resemble the screen shot.

7. karanm
over 13 years ago

kindly explain how to identify Which 8 is BULLISH and which 8 is BEARISH

8. karanm
over 13 years ago

Adminstator Sir, kindly explain how to identify Which 8 is BULLISH and which 8 is BEARISH
Thanks & Regards

about 13 years ago

It’s not right, the ratios do not match Elliot wave requirements.

Leave Comment

Please login here to leave a comment.