Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Commodity Pro for Amibroker (AFL)
This indicator provides best results in mcx base metals scrips especially copper & lead.
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Similar Indicators / Formulas
Indicator / Formula
TimeFrameSet(inDaily); DayHigh = LastValue(H); DayLow = LastValue(L); TimeFrameRestore(); Title = Date() + ", Op=" + Open + ", Hi=" + High + ", Lo=" + Low + ", LTP=" + Close + ", Change= " + SelectedValue( ROC( C, 1 ) ) + "%" + "\n Today`s High=" + DayHigh + ", Today`s Low=" + DayLow + " © PRIME SYSTEM" ; prev=AMA2(C,1,0); d=IIf(C>Ref(Max(Max(H,Ref(H,-20)),Max(Ref(H,-10),Ref(H,-15))),-1),Min(Min(L,Ref(L,-20)),Min(Ref(L,-10),Ref(L,-15))), IIf(C<Ref(Min(Min(L,Ref(L,-20)),Min(Ref(L,-10),Ref(L,-15))),-1),Max(Max(H,Ref(H,-20)),Max(Ref(H,-10),Ref(H,-15))),PREV)); a=Cross(Close,d); b=Cross(d,Close); state=IIf(BarsSince(a)<BarsSince(b),1,0); s=state>Ref(state,-1); ss=state<Ref(state,-1); sss=state==Ref(state,-1); col=IIf(state == 1 ,51,IIf(state ==0,4,1)); Plot(C,"",Col,64); Buy = s; Sell = ss; shape = Buy * shapeUpArrow + Sell * shapeDownArrow; PlotShapes(shape, IIf(Buy,colorGreen,colorRed), 0, IIf(Buy,Low,High)); PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-10); PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-20); PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-15); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=20); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30); PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25); //WriteIf(s,"EXIT all Short positions\nif trading long positions, enter long Now-\nOR at the market price on tomorrow's Open with stop="+EncodeColor(4)+WriteVal(L+.75*ATR(5),1.4)+" ,",""); //WriteIf(ss,"exit all long positions today with a Market On Close (MOC) order\nOR at the market price on tomorrow's Open with stop="+EncodeColor(4)+WriteVal(Ref(H+.75*ATR(5), -1),1.4)+",",""); //WriteIf( sss ,"No trading signals today.","") ; dist = 0.8*ATR(10); dist1 = 2*ATR(10); for( i = 0; i < BarCount; i++ ) { if( Buy[i] ) { PlotText( "\nBuy:" + L[ i ] + "\nT= " + (L[i]*1.005) + "\nSL= " + (L[i]*0.9975), i, L[ i ]-dist[i], colorGreen, colorWhite ); } if( Sell[i] ) { PlotText( "Sell:" + H[ i ] + "\nT= " + (H[i]*0.995) + "\nSL= " + (H[i]*1.0025), i, H[ i ]+dist1[i], colorRed, colorWhite ); } } Filter = s OR sss OR sss ; AddColumn(C,"close",1.2); AddColumn( IIf( s, 66,1 ), "buy", formatChar, 1, bkcolor =IIf (s,colorYellow, colorPink )); AddColumn( IIf( Ss, 83,1 ), "sell", formatChar, 1, bkcolor =IIf (Ss,colorPink, colorWhite )); AddColumn( IIf( sss, 87,1 ), "wait", formatChar, 1, bkcolor =IIf (sss,colorYellow, colorRed )); _SECTION_BEGIN("swing1"); no=20; res=HHV(H,no); sup=LLV(L,no); avd=IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0)); avn=ValueWhen(avd!=0,avd,1); supres=IIf(avn==1,sup,res); a=Cross(C,supres); b=Cross(supres,C); style = a * styleStaircase + b * styleStaircase; PlotShapes(a,style, IIf(a,colorGreen,colorRed), 0, IIf(a,Low,High)); Plot(supres,"Swing",colorYellow,styleStaircase); _SECTION_END(); _SECTION_BEGIN("trend"); uptrend=PDI(20)>MDI(10)AND Signal(29)<MACD(13); downtrend=MDI(10)>PDI(20)AND Signal(29)>MACD(13); Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END(); Buy = s AND a AND uptrend ; Short = ss AND b AND downtrend ; Sell = ss AND b AND downtrend ; Cover = s AND a AND uptrend ; Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); Cover=ExRem(Cover,Short); Short=ExRem(Short,Cover); Filter=Buy OR Sell; Filter= Cover OR Short; AddColumn( Buy, "Buy", 1); AddColumn(Sell, "Sell", 1); AddColumn(Close,"Close",1.2); AddColumn(Volume,"Volume",1.0); // Plot the Buy and Sell arrows. shape = Buy * shapeUpArrow + Sell * shapeDownArrow; PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-10); PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-20); PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-15); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=20); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30); PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25); //plot volume graph _SECTION_BEGIN("Volume"); Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorLightGrey ), styleNoTitle | ParamStyle( "Style", styleHistogram | styleOwnScale | styleNoLabel, maskHistogram ), 2 ); _SECTION_END(); // set background gradient colours SetChartBkGradientFill( ParamColor("BgTop", ColorRGB( 172,172,172 )),ParamColor("BgBottom", ColorRGB( 102,136,187 )),ParamColor("titleblock",ColorRGB( 255,255,255 ))); GraphXSpace = 5;
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This formula is very good
why it always give sell at high not at current price
This AFL even thogh is good indicator but has not difference with Lemenchus indicator.
anyway thanks
How to use formula? .
Dear sir ,
this afl is good no doubt, but there is something problem in Trailing stoploss, can you fix it. it is showing sometimes sell signal but stoploss showing unexpected result.