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Great Two for Amibroker (AFL)
mukyav
over 12 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
amibroker

I have combnied two great formulas already present in library which resulted in a great indicator which shows certainty of coming down and going up.All credit to those whose indicators were these.

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Indicator / Formula

Indicator
Copy & Paste Friendly
_SECTION_BEGIN("Price 396");
SetChartBkColor(colorGrey50);

_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%){{VALUES}}",
O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));

SelPds = ParamList("Periods:", "34,55,89,144",0);

if( SelPds == "34" ) Pds= 34;
if( SelPds == "55" ) Pds= 55;

Middle = EMA(C,pds);

Himid = EMA(H,Pds);
Lomid = EMA(L,Pds);

UpperBand = Middle + 3.5 * ATR(Pds);
UpperBand1 = Middle + 1.75 * ATR(Pds);
LowerBand = Middle - 3.5 * ATR(Pds);
LowerBand1 = Middle - 1.75 * ATR(Pds);

Plot(C,"",colorBlack,styleCandle);

Plot(Middle, "Middle",colorCustom12,styleThick);
Plot(Himid, "",colorCustom12,styleDashed);
Plot(Lomid, "",colorCustom12,styleDashed);
Plot(UpperBand, "Upper",colorGold,styleThick);
Plot(UpperBand1, "",colorGold,styleDashed);
Plot(LowerBand, "Lower",colorGold,styleThick);
Plot(LowerBand1, "",colorGold,styleDashed);
PlotOHLC(Lomid,Himid,Lomid,Himid,"",ColorRGB(230,200,200),styleCloud | styleNoLabel);
_SECTION_END();

_SECTION_BEGIN("Price 3150");
//  /* **********************************
//
//  Code to automatically identify pivots
//
//  ********************************** */
//
//  // -- what will be our lookback range for the hh and ll?
//
//  farback=Param("How Far back to go",100,50,5000,10);
//
//  nBars = Param("Number of bars", 12, 5, 40);
//
//  // -- Title.
//
//  Title = Name() + " (" + StrLeft(FullName(), 15) + ") O: " + Open + ",
//
//  H: " + High + ", L: " + Low + ", C: " + Close;
//
//  // -- Plot basic candle chart
//
//  PlotOHLC(Open, High, Low, Close,
//
//  "BIdx = " + BarIndex() +
//
//  "\n" + "O = " + O + "\n"+"H = "+ H + "\n"+"L = " + L
//
//  + "\n"+"C ",
//
//  colorBlack, styleCandle);
//
//  GraphXSpace=7;
//
//  // -- Create 0-initialized arrays the size of barcount
//
//  aHPivs = H - H;
//
//  aLPivs = L - L;
//
//  // -- More for future use, not necessary for basic plotting
//
//  aHPivHighs = 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 0
//
//  aVisBars = Status("barvisible");
//
//  nLastVisBar = LastValue(Highest(IIf(aVisBars, BarIndex(), 0)));
//
//  _TRACE("Last visible bar: " + nLastVisBar);
//
//  // -- Initialize value of curTrend
//
//  curBar = (BarCount-1);
//
//  curTrend = "";
//
//  if (aLLVBars[curBar] <
//
//  aHHVBars[curBar]) {
//
//  curTrend = "D";
//
//  }
//
//  else {
//
//  curTrend = "U";
//
//  }
//
//  // -- Loop through bars. Search for
//
//  // entirely array-based approach
//
//  // in future version
//
//  for (i=0; i<farback; 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 bar
//
//  curBar = (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++;
//
//  }
//
//  }
//
//  // -- Dump inventory of high pivots for debugging
//
//  /*
//
//  for (k=0; k<nHPivs; k++) {
//
//  _TRACE("High pivot no. " + k
//
//  + " at barindex: " + aHPivIdxs[k] + ", "
//
//  + WriteVal(ValueWhen(BarIndex()==aHPivIdxs[k],
//
//  DateTime(), 1), formatDateTime)
//
//  + ", " + aHPivHighs[k]);
//
//  }
//
//  */
//
//  // -- OK, let's plot the pivots using arrows
//
//  PlotShapes(
//
//  IIf(aHPivs==1, shapeDownArrow, shapeNone), colorRed, 0,
//
//  High, Offset=-15);
//
//  PlotShapes(
//
//  IIf(aLPivs==1, shapeUpArrow , shapeNone), colorGreen, 0,
//
//  Low, Offset=-15);
//
//------------------------------------------------------------------------------

  /* **********************************

Code to automatically identify pivots

********************************** */

// -- what will be our lookback range for the hh and ll?
farback=Param("How Far back to go",100,50,5000,10);
nBars = Param("Number of bars", 12, 5, 40);

// -- Title.

Title = Name() + " (" + StrLeft(FullName(), 15) + ") O: " + Open + ", 

H: " + High + ", L: " + Low + ", C: " + Close;

// -- Plot basic candle chart

PlotOHLC(Open, High, Low, Close, 

"BIdx = " + BarIndex() + 

"\n" + "O = " + O + "\n"+"H = "+ H + "\n"+"L = " + L 

+ "\n"+"C ",

colorBlack, styleCandle); 

GraphXSpace=7;

// -- Create 0-initialized arrays the size of barcount

aHPivs = H - H;

aLPivs = L - L;

// -- More for future use, not necessary for basic plotting

aHPivHighs = 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 0

aVisBars = Status("barvisible");

nLastVisBar = LastValue(Highest(IIf(aVisBars, BarIndex(), 0)));

_TRACE("Last visible bar: " + nLastVisBar);

// -- Initialize value of curTrend

curBar = (BarCount-1);

curTrend = "";

if (aLLVBars[curBar] < 

aHHVBars[curBar]) {

curTrend = "D";

}

else {

curTrend = "U";

}

// -- Loop through bars. Search for 

// entirely array-based approach

// in future version

for (i=0; i<farback; 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 bar

curBar = (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++;

}

}

// -- Dump inventory of high pivots for debugging

/*

for (k=0; k<nHPivs; k++) {

_TRACE("High pivot no. " + k

+ " at barindex: " + aHPivIdxs[k] + ", " 

+ WriteVal(ValueWhen(BarIndex()==aHPivIdxs[k], 

DateTime(), 1), formatDateTime)

+ ", " + aHPivHighs[k]);

}

*/

// -- OK, let's plot the pivots using arrows

PlotShapes(

IIf(aHPivs==1, shapeDownArrow, shapeNone), colorRed, 0,

High, Offset=-15);

PlotShapes(

IIf(aLPivs==1, shapeUpArrow , shapeNone), colorGreen, 0, 

Low, Offset=-15);

4 comments

1. ocil
over 12 years ago

Beware this AFL buy & sell signal look for future….

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2. hotaro3
over 12 years ago

thank you for your try for enrichment of AFL, but this indicator has not any new. It is exactly same as Pivot finder and Positional BS and Also beware that the accuracy of this model is not for predicting price, but it builds up after hapening of price in other words for example after 5 or 7 days of increasing trend the sign of increase (green flash) will be appeared at position of 5 or 7 days before. so it is useless

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3. classy
over 12 years ago

nothing special.i made a Center of Gravity new Version which is not approved yet.i request to admin to publish..which is far better than this one(imho)let people …decide

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4. bishwajit
almost 12 years ago

plz show the screen shot

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