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Fix Kenzie SR System for Amibroker (AFL)
Rating:
4 / 5 (Votes 13)
Tags:
trading system, amibroker, bands
modified the formula from http://www.wisestocktrader.com/indicators/2238-kenzie-sr-system
- fixed the OHLC price not showing issue
- added to plot buy/sell price along with signals.
- add filter to scan high volumn stock only.
- change color of fonts so that they can be read easily with while background.
- tested with Amibroker 5.4
Screenshots
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 | //--------------------------------------------------------------//// Kenzie SR System - 09/2010// Modified By Kenzie Sebastian (kenziesr@yahoo.co.id)// Shared for milis amibroker-4-bei@yahoogroups.com//// - fixed the OHLC price not showing issue.// - added to plot buy/sell price along with signals.// - add filter to scan high volumn stock only.// - change color of fonts so that they can be read easily with // while background.//--------------------------------------------------------------SetBarsRequired( 800, 0 );GraphXSpace = 7;SetChartOptions( 0, chartShowArrows | chartShowDates );// set criteria to scan for big stock only;BigStock = MA( V, 10 ) * MA( C, 10 ) > 1000000;//---------------Color------------------------per1 = 6;per2 = 2;Om = MA( O, per1 );hm = MA( H, per1 );lm = MA( L, per1 );Cm = MA( C, per1 );// 1. Heiken AshiHACLOSE = ( Om + Hm + Lm + Cm ) / 4;HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );HaHigh = Max( Hm, Max( HaClose, HaOpen ) );HaLow = Min( Lm, Min( HaClose, HaOpen ) );Of = MA( Haopen, per2 );Cf = MA( Haclose, per2 );Lf = IIf( haOpen < haClose, MA( Halow, per2 ), MA( Hahigh, per2 ) );Hf = IIf( haOpen < haClose, MA( Hahigh, per2 ), MA( Halow, per2 ) );//Color = IIf( Cf > Of, colorGreen, colorRed );//----------------------------------------------------TrailStop = HHV( C - 2 * ATR( 10 ), 15 );ProfitTaker = EMA( H, 13 ) + 2 * ATR( 10 );/* **********************************Code to automatically identify pivots********************************** */// -- what will be our lookback range for the hh and ll?farback = 140; //How Far back to gonBars = 12; //Number of bars// -- Create 0-initialized arrays the size of barcountaHPivs = H - H;aLPivs = L - L;// -- More for future use, not necessary for basic plottingaHPivHighs = H - H;aLPivLows = L - L;aHPivIdxs = H - H;aLPivIdxs = L - L;nHPivs = 0;nLPivs = 0;lastHPIdx = 0;lastLPIdx = 0;lastHPH = 0;lastLPL = 0;curPivBarIdx = 0;// -- looking back from the current bar, how many bars// back were the hhv and llv values of the previous// n bars, etc.?aHHVBars = HHVBars( H, nBars );aLLVBars = LLVBars( L, nBars );aHHV = HHV( H, nBars );aLLV = LLV( L, nBars );// -- Would like to set this up so pivots are calculated back from// last visible bar to make it easy to "go back" and see the pivots// this code would find. However, the first instance of// _Trace output will show a value of 0aVisBars = Status( "barvisible" );nLastVisBar = LastValue( Highest( IIf( aVisBars, BarIndex(), 0 ) ) );_TRACE( "Last visible bar: " + nLastVisBar );// -- Initialize value of curTrendcurBar = ( BarCount - 1 );curTrend = "";if ( aLLVBars[curBar] < aHHVBars[curBar] ){ curTrend = "D";}else{ curTrend = "U";}// -- Loop through bars. Search for// entirely array-based approach// in future versionfor ( i = 0; i < BarCount; i++ ){ curBar = ( BarCount - 1 ) - i;// -- Have we identified a pivot? If trend is down... if ( aLLVBars[curBar] < aHHVBars[curBar] ) {// ... and had been up, this is a trend change if ( curTrend == "U" ) { curTrend = "D";// -- Capture pivot information curPivBarIdx = curBar - aLLVBars[curBar]; aLPivs[curPivBarIdx] = 1; aLPivLows[nLPivs] = L[curPivBarIdx]; aLPivIdxs[nLPivs] = curPivBarIdx; nLPivs++; }// -- or current trend is up } else { if ( curTrend == "D" ) { curTrend = "U"; curPivBarIdx = curBar - aHHVBars[curBar]; aHPivs[curPivBarIdx] = 1; aHPivHighs[nHPivs] = H[curPivBarIdx]; aHPivIdxs[nHPivs] = curPivBarIdx; nHPivs++; }// -- If curTrend is up...else... }// -- loop through bars}// -- Basic attempt to add a pivot this logic may have missed// -- OK, now I want to look at last two pivots. If the most// recent low pivot is after the last high, I could// still have a high pivot that I didn't catch// -- Start at last barcurBar = ( BarCount - 1 );candIdx = 0;candPrc = 0;lastLPIdx = aLPivIdxs[0];lastLPL = aLPivLows[0];lastHPIdx = aHPivIdxs[0];lastHPH = aHPivHighs[0];if ( lastLPIdx > lastHPIdx ){// -- Bar and price info for candidate pivot candIdx = curBar - aHHVBars[curBar]; candPrc = aHHV[curBar]; if ( lastHPH < candPrc AND candIdx > lastLPIdx AND candIdx < curBar ) {// -- OK, we'll add this as a pivot... aHPivs[candIdx] = 1;// ...and then rearrange elements in the// pivot information arrays for ( j = 0; j < nHPivs; j++ ) { aHPivHighs[nHPivs-j] = aHPivHighs[nHPivs- ( j+1 )]; aHPivIdxs[nHPivs-j] = aHPivIdxs[nHPivs-( j+1 )]; } aHPivHighs[0] = candPrc ; aHPivIdxs[0] = candIdx; nHPivs++; }}else{// -- Bar and price info for candidate pivot candIdx = curBar - aLLVBars[curBar]; candPrc = aLLV[curBar]; if ( lastLPL > candPrc AND candIdx > lastHPIdx AND candIdx < curBar ) {// -- OK, we'll add this as a pivot... aLPivs[candIdx] = 1;// ...and then rearrange elements in the// pivot information arrays for ( j = 0; j < nLPivs; j++ ) { aLPivLows[nLPivs-j] = aLPivLows[nLPivs-( j+1 )]; aLPivIdxs[nLPivs-j] = aLPivIdxs[nLPivs-( j+1 )]; } aLPivLows[0] = candPrc; aLPivIdxs[0] = candIdx; nLPivs++; }}//============== EXPLORATION ==============Buy = Cover = BigStock AND aLPivs == 1;Sell = Short = BigStock AND aHPivs == 1;SellPrice = ValueWhen( Sell, C, 1 );BuyPrice = ValueWhen( Buy, C, 1 );Long = Flip( Buy, Sell );Shrt = Flip( Sell, Buy );//============== Plot price ==============n = 15;a = C > ( MA( H, n ) + MA( L, n ) ) / 2;// then Buy next bar at market;b = C < ( MA( H, n ) + MA( L, n ) ) / 2;// then Sell Short next bar at market;state = IIf( BarsSince( a ) < BarsSince( b ), 1, 0 );Longs = state == 1;shorts = state == 0;//ChartColorbar = IIf( Longs, colorGreen, IIf( Shorts, colorRed, colorGrey40 ) );Plot( C, "Close", colorbar, styleCandle = 64 | styleNoTitle );//============== Plot Shape ==============PlotShapes( IIf( aHPivs == 1, shapeDownArrow, shapeNone ), colorOrange, 0, High, Offset = -12 );PlotShapes( IIf( aLPivs == 1, shapeUpArrow , shapeNone ), colorLime, 0, Low, Offset = -12 );PlotShapes( IIf(Buy, shapeSmallCircle, shapeNone),colorBrightGreen, 0, BuyPrice, 0 );PlotShapes( IIf(Sell, shapeSmallCircle, shapeNone),colorRed, 0 ,SellPrice, 0 );FirstVisibleBar = Status( "FirstVisibleBar" );Lastvisiblebar = Status("LastVisibleBar");for( b = Firstvisiblebar; b <= Lastvisiblebar AND b < BarCount; b++){if( Buy[b] ) PlotText("\n Buy\n "+NumToStr(BuyPrice[b],1.2),b,BuyPrice[b],colorBrightGreen);else if( Sell[b] ) PlotText("\n Sell\n "+NumToStr(SellPrice[b],1.2),b,SellPrice[b],colorRed);}//============== EMA(13) ==============Plot( EMA( C, 13 ), "", colorBlue, styleLine + styleNoRescale );//============== TRENDING ==============DTL = 150; // DTL = Define Trend LongDTM = 70; // DTM = Define Trend MediumDTS = 14; // DTS = Define Trend ShortTL = LinRegSlope( MA( C, DTL ), 2 ); // TL = Trend LongTM = LinRegSlope( MA( C, DTM ), 2 ); // TM = Trend MediumTS = LinRegSlope( MA( C, DTS ), 2 ); // TS = Trend ShortTLL = IIf( LinRegSlope( MA( C, DTL ), 2 ) > 0, True, False );TMM = IIf( LinRegSlope( MA( C, DTM ), 2 ) > 0, True, False );TSS = IIf( LinRegSlope( MA( C, DTS ), 2 ) > 0, True, False );//============== VOLUME ==============Vlp = 30; //Volume lookback periodVrg = MA( V, Vlp );St = StDev( Vrg, Vlp );Vp3 = Vrg + 3 * st;Vp2 = Vrg + 2 * st;Vp1 = Vrg + 1 * st;Vn1 = Vrg - 1 * st;Vn2 = Vrg - 2 * st;//============== WILLIAM'S %R ==============WR = ( ( HHV( H, 14 ) - C ) / ( HHV ( H, 14 ) - LLV ( L, 14 ) ) ) * -100;//============== A/D ==============TRH = IIf( Ref( C, -1 ) > H, Ref( C, -1 ), H );TRL = IIf( Ref( C, -1 ) < L, Ref( C, -1 ), L );ad = IIf( C > Ref( C, -1 ), C - TRL, IIf( C < Ref( C, -1 ), C - TRH, 0 ) );WAD = Cum( ad );wu = wad > Ref( wad, -1 );wd = wad < Ref( wad, -1 );//============== MACD ==============MB = Cross ( MACD(), Signal() );MS = Cross( Signal(), MACD() );MB = ExRem( MB, MS );MS = ExRem( MS, MB );MB1 = MACD() > Signal();MS1 = MACD() < Signal();//============== STOCH ==============StochKval = StochK( 10, 5 );StochDval = StochD( 10, 5, 5 );StochBuy = Cross( StochK( 10, 5 ), StochD( 10, 5, 5 ) );StochSell = Cross ( StochD( 10, 5, 5 ), StochK( 10, 5 ) );StBuy = StochK( 10, 5 ) > StochD( 10, 5, 5 );StSell = StochK( 10, 5 ) < StochD( 10, 5, 5 );//============== ADX ==============adxBuy = Cross( PDI( 14 ), MDI( 14 ) );adxSell = Cross( MDI( 14 ), PDI( 14 ) );adxBuy = ExRem( adxBuy, adxSell );adxSell = ExRem( adxSell, adxBuy );adxbuy1 = PDI( 14 ) > MDI( 14 );adxsell1 = MDI( 14 ) > PDI( 14 );//============== TMA ==============function ZeroLagTEMA( array, period ){ TMA1 = TEMA( array, period ); TMA2 = TEMA( TMA1, period ); Diff = TMA1 - TMA2; return TMA1 + Diff ;}haClose = ( haClose + haOpen + haHigh + haLow ) / 4;periodtm = 55;ZLHa = ZeroLagTEMA( haClose, periodtm );ZLTyp = ZeroLagTEMA( Avg, periodtm );TMBuy = Cross( ZLTyp, ZLHa );TMSell = Cross( ZLHa, ZLTyp );TMBuy1 = ZLTyp > ZLHa ;TMSell1 = ZLHa > ZLTyp ;//============== ZLW ==============R = ( ( HHV( H, 14 ) - C ) / ( HHV ( H, 14 ) - LLV ( L, 14 ) ) ) * -100;MaxGraph = 10;PeriodZ = 10;EMA1 = EMA( R, PeriodZ );EMA2 = EMA( EMA1, 5 );Difference = EMA1 - EMA2;ZeroLagEMA = EMA1 + Difference;PR = 100 - abs( ZeroLagEMA );MoveAvg = MA( PR, 5 );ZBuy = Cross( PR, moveAvg ) AND PR < 30;ZSell = Cross( moveAvg, PR ) AND PR > 70;ZBuy1 = PR >= MoveAvg AND PR >= Ref( PR, -1 ) ;ZSell1 = ( PR < MoveAvg ) OR PR >= MoveAvg AND PR < Ref( PR, -1 ) ;//============== RS ==============p = ( H + L + C ) / 3;r1 = ( 2 * p ) - L;s1 = ( 2 * p ) - H;r2 = p + ( r1 - s1 );s2 = p - ( r2 - s1 );R3 = P + ( R2 - S2 );S3 = P - ( R3 - S2 );//============== IBUY ==============Ibuy = Cross( RSI( 14 ), EMA( RSI( 14 ), 9 ) );Isell = Cross( EMA( RSI( 14 ), 9 ), RSI( 14 ) );Ibuy = ExRem( Ibuy, ISell );Isell = ExRem( ISell, Ibuy );BlRSI = RSI( 14 ) > EMA( RSI( 14 ), 9 );BrRSI = RSI( 14 ) < EMA( RSI( 14 ), 9 );//============== TITLE ==============_SECTION_BEGIN( "Title" );printf( "Open : " + O );if ( Status( "action" ) == actionIndicator ) ( Title = EncodeColor( colorBlack ) + "Kenzie SR System" + EncodeColor( colorBlack ) + " (" + Name() + ") " + EncodeColor( colorBlack ) + Interval( 2 ) + " " + Date() + " " + " ? Open " + O + " ? " + "Hi " + H + " ? " + "Lo " + L + " ? " + "Close " + C + " (" + WriteVal( C - Ref( C, -1 ), 1, 0 ) + " " + WriteVal( ( C - Ref( C, -1 ) ) * 100 / Ref( C, -1 ), 1.1 ) + "%) ? Vol= " + WriteVal( V, 1.0 ) + " " + WriteIf( V > Vp2, EncodeColor( colorLime ) + "(Very High)", WriteIf( V > Vp1, EncodeColor( colorLime ) + "(High)", WriteIf( V > Vrg, EncodeColor( colorLime ) + "(Above Average)", WriteIf( V<Vrg AND V>Vn1, EncodeColor( ColorRGB( 255, 0, 128 ) ) + "(Less than Average)", WriteIf( V < Vn1, "(Low)", "" ) ) ) ) ) + EncodeColor( colorGrey50 ) + " ? " + EncodeColor( colorLime ) + "EMA(Close,13) = " + WriteVal( EMA( C, 13 ), 1.2 ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" + "\n" + EncodeColor( colorBlack ) + WriteIf ( Buy , "Signal: Go Long - Entry Price: " + WriteVal( C, 1.2 ) + " - Last Exit Price: " + WriteVal( SellPrice, 1.2 ) + " (" + WriteVal( ( BuyPrice - SellPrice ), 1.2 ) + ") - StopLoss: " + WriteVal( C * .95, 1.2 ) + " - Reward Risk Ratio: " + WriteVal( ( profittaker - C ) / ( C - C * 0.95 ), 1.2 ) + " - " + EncodeColor( colorLime ) + "Strong Buy!" , "" ) + WriteIf ( Sell , "Signal: Go Short - Exit Price: " + WriteVal( C, 1.2 ) + " - Profit: " + WriteVal( ( SellPrice - BuyPrice ), 1.2 ) + " (" + WriteVal( ( ( SellPrice - BuyPrice ) * 100 / BuyPrice ), 1.1 ) + "%)" + " - Profit Taking!", "" ) + EncodeColor( ColorRGB( 111, 208, 255 ) ) + WriteIf( Long AND NOT Buy, "Trade: Long - Entry Price: " + WriteVal( ( BuyPrice ), 1.2 ) + " - Profit: " + WriteVal( ( C - BuyPrice ), 1.2 ) + " (" + WriteVal( ( ( C - BuyPrice ) * 100 / BuyPrice ), 1.1 ) + "%)" + " - StopLoss:" + WriteVal( ( BuyPrice * .95 ), 1.2 ) + " - Reward Risk Ratio: " + WriteVal( ( profittaker - BuyPrice ) / ( BuyPrice - BuyPrice * 0.95 ), 1.2 ) + " - " + EncodeColor( colorLime ) + "Let your profit runs!", "" ) + WriteIf( shrt AND NOT Sell, "Trade: Short - Exit Price: " + WriteVal( ( SellPrice ), 1.2 ) + " - Profit: " + WriteVal( ( SellPrice - BuyPrice ), 1.2 ) + " (" + WriteVal( ( ( SellPrice - BuyPrice ) * 100 / BuyPrice ), 1.1 ) + "%) - " + EncodeColor( colorLime ) + "Watch for Strong Buy Signal!", "" ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" + "\n" + EncodeColor( colorBlack ) + "?Short Term: " + WriteIf( TS > 0 AND TS < 0.3, EncodeColor( colorLime ) + "Weak Up Trend", WriteIf( TS >= 0.3 AND TS < 0.6 , EncodeColor( colorBlack ) + "Medium Up Trend", WriteIf( TS >= 0.6, EncodeColor( colorGreen ) + "Strong Up Trend", WriteIf( TS<0 AND TS> -0.3, EncodeColor( colorPink ) + "Weak Down Trend", WriteIf( TS <= -0.3 AND TS > -0.6 , EncodeColor( ColorRGB( 255, 0, 128 ) ) + "Medium Down Trend", WriteIf( TS <= -0.6, EncodeColor( colorRed ) + "Strong Down Trend", EncodeColor( colorGrey50 ) + "Sideways" ) ) ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Mid Term: " + WriteIf( TM > 0 AND TM < 0.3, EncodeColor( colorLime ) + "Weak Up Trend", WriteIf( TM >= 0.3 AND TM < 0.6 , EncodeColor( colorBlack ) + "Medium Up Trend", WriteIf( TM >= 0.6, EncodeColor( colorGreen ) + "Strong Up Trend", WriteIf( TM<0 AND TM> -0.3, EncodeColor( colorPink ) + "Weak Down Trend", WriteIf( TM <= -0.3 AND TM > -0.6 , EncodeColor( ColorRGB( 255, 0, 128 ) ) + "Medium Down Trend", WriteIf( TM <= -0.6, EncodeColor( colorRed ) + "Strong Down Trend", EncodeColor( colorGrey50 ) + "Sideways" ) ) ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Long Term: " + WriteIf( TL > 0 AND TL < 0.3, EncodeColor( colorLime ) + "Weak Up Trend", WriteIf( TL >= 0.3 AND TL < 0.6 , EncodeColor( colorBlack ) + "Medium Up Trend", WriteIf( TL >= 0.6, EncodeColor( colorGreen ) + "Strong Up Trend", WriteIf( TL<0 AND TL> -0.3, EncodeColor( colorPink ) + "Weak Down Trend", WriteIf( TL <= -0.3 AND TL > -0.6 , EncodeColor( ColorRGB( 255, 0, 128 ) ) + "Medium Down Trend", WriteIf( TL <= -0.6, EncodeColor( colorRed ) + "Strong Down Trend", EncodeColor( colorGrey50 ) + "Sideways" ) ) ) ) ) ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" + "\n" + EncodeColor( 47 ) + "?AccDist(): " + WriteIf( wu, EncodeColor( colorBlack ) + "Accumulation", WriteIf( wd, EncodeColor( colorRed ) + "Distribution", "Neutral" ) ) + "\n" + EncodeColor( 47 ) + "?RSI(14): " + WriteIf( RSI( 14 ) > 30 AND RSI( 14 ) < 70, EncodeColor( colorBlack ), WriteIf( RSI( 14 ) < 30 , EncodeColor( colorBlue ), EncodeColor( colorRed ) ) ) + WriteVal( RSI( 14 ), format = 1.1 ) + WriteIf( RSI( 14 ) > 30 AND RSI( 14 ) < 70, " Range" + EncodeColor( colorBlack ), WriteIf( RSI( 14 ) < 30 , " OverSold" + EncodeColor( colorBlue ), " OverBought" + EncodeColor( colorRed ) ) ) + "\n" + EncodeColor( 47 ) + "?CCI(14): " + WriteIf( CCI( 14 ) > -100 AND CCI( 14 ) < 100, EncodeColor( colorBlack ), WriteIf( CCI( 14 ) < -100 , EncodeColor( colorBlue ), EncodeColor( colorRed ) ) ) + WriteVal( CCI( 14 ), format = 1.1 ) + WriteIf( CCI( 14 ) > -100 AND CCI( 14 ) < 100, " Range" + EncodeColor( colorBlack ), WriteIf( CCI( 14 ) < -100 , " OverSold" + EncodeColor( colorBlue ), " OverBought" + EncodeColor( colorRed ) ) ) + "\n" + EncodeColor( 47 ) + "?ROC(C,14): " + WriteIf( ROC( C, 14 ) > -10 AND ROC( C, 14 ) < 10, EncodeColor( colorBlack ), WriteIf( ROC( C, 14 ) < -10 , EncodeColor( colorBlue ), EncodeColor( colorRed ) ) ) + WriteVal( ROC( C, 14 ), format = 1.1 ) + WriteIf( ROC( C, 14 ) > -10 AND ROC( C, 14 ) < 10, " Range" + EncodeColor( colorBlack ), WriteIf( ROC( C, 14 ) < -10 , " OverSold" + EncodeColor( colorBlue ), " OverBought" + EncodeColor( colorRed ) ) ) + "\n" + EncodeColor( 47 ) + "?Wm%R(14): " + WriteIf( WR > -80 AND WR < -20, EncodeColor( colorBlack ), WriteIf( WR < -80 , EncodeColor( colorBlue ), EncodeColor( colorRed ) ) ) + WriteVal( WR, format = 1.1 ) + WriteIf( WR > -80 AND WR < -20, " Range" + EncodeColor( colorBlack ), WriteIf( WR < -80 , " OverSold" + EncodeColor( colorBlue ), " OverBought" + EncodeColor( colorRed ) ) ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" + "\n" + EncodeColor( colorBlack ) + "?Signal(IBuy): " + WriteIf( Ibuy, EncodeColor( colorBlack ) + "BuyWarning", WriteIf( Isell, EncodeColor( colorRed ) + "SellWarning", WriteIf( BlRSI, EncodeColor( colorBlack ) + "BullishZone", WriteIf( BrRSI, EncodeColor( colorRed ) + "BearishZone", "Neutral" ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Signal(TMA): " + WriteIf( TMBuy, EncodeColor( colorBlack ) + "Buy", WriteIf( TMSell, EncodeColor( colorRed ) + "Sell", WriteIf( TMBuy1, EncodeColor( colorBlack ) + "Bullish", WriteIf( TMSell1, EncodeColor( colorRed ) + "Bearish", "Neutral" ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Signal(MACD): " + WriteIf( MB, EncodeColor( colorBlack ) + "Buy", WriteIf( MS, EncodeColor( colorRed ) + "Sell", WriteIf( MB1, EncodeColor( colorBlack ) + "Bullish", WriteIf( MS1, EncodeColor( colorRed ) + "Bearish", "Neutral" ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Signal(Stoch): " + WriteIf( StochBuy, EncodeColor( colorBlack ) + "Buy", WriteIf( StochSell, EncodeColor( colorRed ) + "Sell", WriteIf( StBuy, EncodeColor( colorBlack ) + "Bullish", WriteIf( StSell, EncodeColor( colorRed ) + "Bearish", "Neutral" ) ) ) ) + "\n" + EncodeColor( colorBlack ) + "?Signal(ADX): " + WriteIf( adxBuy, EncodeColor( colorBlack ) + "Buy", WriteIf( adxSell, EncodeColor( colorRed ) + "Sell", WriteIf( adxBuy1, EncodeColor( colorBlack ) + "Bullish", WriteIf( adxSell1, EncodeColor( colorRed ) + "Bearish", "Neutral" ) ) ) ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" + "\n" + EncodeColor( 47 ) + "?TrStop: " + EncodeColor( colorLime ) + WriteVal( TrailStop, format = 1.0 ) + EncodeColor( 47 ) + " TrgPrice: " + EncodeColor( colorLime ) + WriteVal( Profittaker, format = 1.0 ) + "\n" + EncodeColor( 47 ) + "?R1: " + EncodeColor( colorOrange ) + WriteVal( r1, format = 1.0 ) + EncodeColor( 47 ) + " R2: " + EncodeColor( colorOrange ) + WriteVal( r2, format = 1.0 ) + EncodeColor( 47 ) + " R3: " + EncodeColor( colorOrange ) + WriteVal( r3, format = 1.0 ) + "\n" + EncodeColor( 47 ) + "?S1: " + EncodeColor( colorOrange ) + WriteVal( s1, format = 1.0 ) + EncodeColor( 47 ) + " S2: " + EncodeColor( colorOrange ) + WriteVal( s2, format = 1.0 ) + EncodeColor( 47 ) + " S3: " + EncodeColor( colorOrange ) + WriteVal( s3, format = 1.0 ) + "\n" + EncodeColor( colorGrey50 ) + "--------------------------------------" );//============== BACKGROUND NAME ==============pxwidth = Status( "pxwidth" );pxheight = Status( "pxheight" );GfxSetOverlayMode( 1 );GfxSetBkMode( 0 ); // transparentGfxSelectFont( "Amienne", Status( "pxheight" ) / 15 );GfxSetTextColor( colorGrey40 );//GfxTextOut( "Kenzie Sebastian", Status("pxwidth")/5.3, Status("pxheight")/5 );//============================////BACKGROUND COLOR//////////////////////////////////////////////////////////SetChartBkColor(ColorRGB(255,200,255));//SetChartBkGradientFill( colorPlum, colorPlum);/////////////////////////////////////////////////////////////////////////////////////_SECTION_END();_SECTION_BEGIN( "Keltner Bands" );P = ParamField( "Price field", -1 );Periods = Param( "Periods", 15, 2, 300, 1 );Width = Param( "Width", 2, 0, 10, 0.05 );Color = ParamColor( "Color", colorCycle );Style = ParamStyle( "Style" );CenterLine = MA( P, Periods );KTop = CenterLine + Width * ATR( Periods );KBot = CenterLine - Width * ATR( Periods );Plot( KTop, "KBTop" + _PARAM_VALUES(), Color, Style );Plot( KBot, "KBBot" + _PARAM_VALUES(), Color, Style );_SECTION_END(); |
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What u have use? but it is good formula. Are u trade on this formula?
I will do back test and post the results. Thanks for posting.
dear admin
seems to look into future – please confirm
Hi mahesh.aranake
Most pivot point formulas look into the future including this one.
every buy and sell symbol,rates change time to time @ new high or low
Buy & Sell Signal are same. So what the modification. Even previous version fonts were more clear than this one.
I think that this trading system look in the future and move the operation sygnal (buy/sell) also after that more bars are completed. Is it normal? How is it possible to fix? The right method to test it, is only with walk forward test? Is it right? What do you think?
it does look in the future. But it gives a good “heads up” on potential turning points for buy (sell on the other hand, usually comes in late :( ). So should be used as a “semi-auto” signal (i.e. look for other confirmations when a “buy” shows up, and rely on other like SwingN or KPL for sell). should have used more parameters in the formula too.
well. actually didn’t expect this many comments for an modified formula :P
Ok, I appreciate very well your trading system and your observation.
Becuase you have specified two suggestion for the sell signal, what do you recommend for buy signal in liquid market as a index?
very good for intraday
thank you
Good System to trade for Intraday.
Can anyone please code a non repainting version of this code ? The buy & sell signals changes as price changes but otherwise its a good afl for short term trading
it’s simply useless..been following since 5 days, it wasn’t giving any strong buy but only “wait for strong buy” signal but now I check it and it says it was the strong buy 3 days ago..
how to scan/explore with this AFL?
The system show signals to buy to sell on the last chart, not in advance.
it makes no sense.
Error on row 247
Plot( C, “Close”, colorbar, styleCandle = 64 | styleNoTitle );
Post mortem afl.
It is absolutely fine for intraday except stoploss. for future stoploss is very high in anytimeframe whereas for option it is ok, can it be fixed. If someone can help as I don’t know the coding
Plot( C, “Close”, colorbar, styleCandle = 64 | styleNoTitle ); error 247 will you solve thanks and have a nice day