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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
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Advanced Trend Lines for Amibroker (AFL)
Rating:
5 / 5 (Votes 3)
Tags:
trendline, amibroker
IT works Better in Intraday and Daily…
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_SECTION_BEGIN("Advanced Trend Lines"); function TD_Supply() { return ( H > Ref(H, 1) AND H > Ref(H, -1) AND H > Ref(C, -2)); } function TD_Demand() { return ( L < Ref(L, 1) AND L < Ref(L, -1) AND L < Ref(C, -2)); } function IsTD_Supply(n) { n = (BarCount - 1) - n; return LastValue( Ref(H, -n) > Ref(H, -n+1) AND Ref(H, -n) > Ref(H, -n-1) AND Ref(H, -n) > Ref(C, -n-2)); } function IsTD_Demand(n) { n = (BarCount - 1) - n; return LastValue( Ref(L, -n) < Ref(L, -n+1) AND Ref(L, -n) < Ref(L, -n-1) AND Ref(L, -n) < Ref(C, -n-2)); } function GetXSupport(Lo, Percentage, Back) { return ((BarCount - 1) - LastValue(TroughBars(Lo, Percentage,Back))); } function GetYSupport(Lo, Percentage, Back) { return (LastValue(Trough(Lo, Percentage, back))); } function GetXResistance(Hi, Percentage, Back) { return ((BarCount - 1) -LastValue(PeakBars(Hi, Percentage, Back))); } function GetYResistance(Hi, Percentage, Back) { return (LastValue(Peak(Hi, Percentage, Back))); } //////////////////////////////////////////////////////////////////////// //Parameters Percentage = Param("Percentage", 0.02, 0.01, 100. ,0.01); Lines = Param("Lines?", 1, 1, BarCount-2); DrawR = ParamList("Resistance Points", "Off|High to High|High to Low", 1); DrawS = ParamList("Support Points", "Off|Low to Low|Low to High", 1); DrawAllLines = ParamToggle("Draw All Lines?", "Yes|No", 1); Method = ParamToggle("Method", "TD Points|ZigZag",0); ShowTDP = ParamToggle("Show TD Pionts", "Yes|No",0); AllOrDownR = ParamToggle("Resistance Direction", "All|Down"); AllOrUpS = ParamToggle("Support Direction", "All|Up"); //////////////////////////////////////////////////////////////////////// Main = C; Con = ConS = ConR = 1; if(DrawS=="Low to Low") { Support1 = L; Support2 = L; } else { Support1 = L; Support2 = H; } if(DrawR=="High to High") { Resistance1 = H; Resistance2 = H; } else { Resistance1 = H; Resistance2 = L; } //////////////////////////////////////////////////////////////////////// //Plotting Area Col_cci = IIf(CCI(20) > 100, colorDarkGreen,IIf(CCI(20) <-100,colorDarkRed,IIf(CCI(20) > Ref(CCI(20),-1),colorBrightGreen,colorRed))); Plot(Main, "",Col_cci , styleBar+styleThick); if(DrawAllLines) for(i = 2; i<=Lines+1; i++) { if(DrawS!="Off") { x0 = GetXSupport(Support1, Percentage, i); x1 = GetXSupport(Support2, Percentage, i-1); y0 = GetYSupport(Support1, Percentage, i); y1 = GetYSupport(Support2, Percentage, i-1); x = LineArray(x0, y0, x1, y1, 1); if(!Method) Con = (IsTD_Demand(x0) AND IsTD_Demand(x1)); if(AllOrUpS) ConS = y0 < y1; if(Con AND ConS) Plot(x, "", colorAqua, styleLine|styleThick); } if(DrawR!="Off") { x0 = GetXResistance(Resistance1, Percentage, i); x1 = GetXResistance(Resistance2, Percentage, i-1); y0 = GetYResistance(Resistance1, Percentage, i); y1 = GetYResistance(Resistance2, Percentage, i-1); x = LineArray(x0, y0, x1, y1, 1); if(!Method) Con = (IsTD_Supply(x0) AND IsTD_Supply(x1)); if(AllOrDownR) ConR = y0 > y1; if(Con AND ConR) Plot(x, "", colorOrange , styleLine|styleThick); } } else { if(DrawS!="Off") { x0 = GetXSupport(Support1, Percentage, Lines+1); x1 = GetXSupport(Support2, Percentage, Lines); y0 = GetYSupport(Support1, Percentage, Lines+1); y1 = GetYSupport(Support2, Percentage, Lines); x = LineArray(x0, y0, x1, y1, 1); if(!Method) Con = (IsTD_Demand(x0) AND IsTD_Demand(x1)); if(AllOrUpS) ConS = y0 < y1; if(Con AND ConS) Plot(x, "", colorLightBlue, styleLine|styleThick); } if(DrawR!="Off") { x0 = GetXResistance(Resistance1, Percentage, Lines+1); x1 = GetXResistance(Resistance2, Percentage, Lines); y0 = GetYResistance(Resistance1, Percentage, Lines+1); y1 = GetYResistance(Resistance2, Percentage, Lines); x = LineArray(x0, y0, x1, y1, 1); if(!Method) Con = (IsTD_Supply(x0) AND IsTD_Supply(x1)); if(AllOrDownR) ConR = y0 > y1; if(Con AND ConR) Plot(x, "", colorRed , styleLine|styleThick); } } if(ShowTDP) { PlotShapes(TD_Supply()*shapeSmallCircle, colorRed, 0, H, H*.001); PlotShapes(TD_Demand()*shapeSmallCircle, colorGreen, 0, L, -L*.001); } //Title =FullName()+" ({{NAME}})\n{{DATE}}\n"+"Open: "+O+", Hi: "+H+", Lo: "+L+", Close: "+C; _SECTION_END(); _SECTION_BEGIN("Price"); Col_1 = IIf(EMA(RSI(39),30) > Ref(EMA(RSI(39),30),-1),colorGreen,colorOrange); //Plot( C, "Close", col_1, styleCandle+styleThick ); _SECTION_END(); _SECTION_BEGIN("guppy"); e3 = EMA(Close,3); e5 = EMA(Close,5); e8 = EMA(Close,8); e10 = EMA(Close,10); e12 = EMA(Close,12); e15 = EMA(Close,15); e30 = EMA(Close,30); e35 = EMA(Close,35); e40 = EMA(Close,40); e45 = EMA(Close,45); e50 = EMA(Close,50); e55 = EMA(Close,55); e60 = EMA(Close,60); Buy_guppy = e3>e45; Sell_guppy = e45 > e3; //Buy_guppy = ExRem (Buy_guppy,Sell_guppy); //Sell_guppy = ExRem(Sell_guppy,Buy_guppy); //PlotShapes(Buy_guppy*shapeUpTriangle, colorYellow); //PlotShapes(Sell_guppy*shapeDownTriangle,colorYellow); Plot (e3,"",colorDarkBlue,styleNoLabel); Plot (e5,"",colorDarkBlue,styleNoLabel); Plot (e8,"",colorDarkBlue,styleNoLabel); Plot (e10,"",colorDarkBlue,styleNoLabel); Plot (e12,"",colorDarkBlue,styleNoLabel); Plot (e15,"",colorDarkBlue,styleNoLabel); Plot (e30,"",colorYellow,styleNoLabel+styleThick); Plot (e35,"",colorRed,styleNoLabel+styleThick); Plot (e40,"",colorRed,styleNoLabel+styleThick); Plot (e45,"",colorRed,styleNoLabel+styleThick); Plot (e50,"",colorRed,styleNoLabel+styleThick); Plot (e55,"",colorRed,styleNoLabel+styleThick); Plot (e60,"",colorRed,styleNoLabel+styleThick); _SECTION_END(); _SECTION_BEGIN("Indicator price rsi levels"); // RSI Levels - appplied to Price Chart shows how far // tomorrow's closing price has to move in order for // the RSI to cross the 70, 50 & 30 levels. pd = Param("Periods",13,5,144,1); pds = 2*pd-1;// (Adjustment for Wilders MA) aa = Close-Ref(Close,-1); uu = EMA(Max(0,aa),pds); dd= EMA((Max(0,0-aa)),pds); rf = IIf(C>2,1000,10000); c1 = Param("Upper Level",70,50,90,1); qq1 =100/(100-c1)-1; ff1 = qq1*dd-uu; ff2 = ff1/qq1; f1 = Max(ff1,ff2); UL = Close + f1*(pds-1)/2; UL = IIf(UL>C,floor(UL*rf),ceil(UL*rf))/rf; c2 = Param("Equilibrium",50,50,50,0); qq2 =100/(100-c2)-1;// [=1] ff = dd-uu; MM = Close + ff*(pds-1)/2; MM = IIf(MM>C,floor(MM*rf),ceil(MM*rf))/rf; c3 = Param("Lower Level",30,10,50,1); qq3 =100/(100-c3)-1; ff1 = qq3*dd-uu; ff2 = ff1/qq3; f3 = Min(ff1,ff2); LL = Close + f3*(pds-1)/2; LL = IIf(LL>C,floor(LL*rf),ceil(LL*rf))/rf; band = Param("band width",4,0,15,0.25); mmu = MM+band; mmd = MM-band; X=Cross( C,LL); Y=Cross(UL,C); Buy1= X ; Sell1= Y ; PlotShapes(shapeHollowSmallUpTriangle*Buy1,colorBlue,0,L,-15); PlotShapes(shapeHollowSmallDownTriangle*Sell1,colorBlue,0,H,-15); Filter=Buy1 OR Sell1 ; AddTextColumn(FullName(),"Name"); AddColumn(Buy1,"Buy"); AddColumn(Sell1,"sell"); Title = Name() + " - RSI(" + WriteVal(pd,0.0) + ") - Close=" + WriteVal(Close,0.3) + " UL=" + WriteVal(UL,0.4) + " MM=" + WriteVal(MM,0.4) + " LL=" + WriteVal(LL,0.4); _SECTION_END(); _SECTION_END();
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Dear,
How have you been?Would you please tell how to interpret this AFL?
Regards,
Sunny
email:ahalimchy@yahoo.com