Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Time Channel for Amibroker (AFL)
Time channels. Pivot levels of different time frames – Weekly, Monthly, Quarterly, Yearly.
For a better understanding of the strategy read Frank Dilernia.
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Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("Weekly"); TimeFrameSet( inWeekly); Piv = ( HHV(H, 3) + LLV(L, 3) + C )/3 ; HL = ( HHV(H, 3) - LLV(L, 3) )/2 ; up = Piv + HL ; dn = Piv - HL ; TimeFrameRestore(); Plot( TimeFrameExpand( Piv, inWeekly), "Weekly", colorBlue, styleDots|styleNoLine, Null, Null, 1 ); Plot( TimeFrameExpand( up, inWeekly), " ", colorBlue, styleDashed, Null, Null, 1 ); Plot( TimeFrameExpand( dn, inWeekly), " ", colorBlue, styleDashed, Null, Null, 1 ); _SECTION_END(); _SECTION_BEGIN("Monthly"); TimeFrameSet( inMonthly); Piv = ( HHV(H, 3) + LLV(L, 3) + C )/3 ; HL = ( HHV(H, 3) - LLV(L, 3) )/2 ; up = Piv + HL ; dn = Piv - HL ; TimeFrameRestore(); Plot( TimeFrameExpand( piv, inMonthly), "Monthly", colorCustom12, styleDots|styleNoLine, Null, Null, 1 ); Plot( TimeFrameExpand( up, inMonthly), " ", colorCustom12, styleDashed, Null, Null, 1 ); Plot( TimeFrameExpand( dn, inMonthly), " ", colorCustom12, styleDashed, Null, Null, 1 ); _SECTION_END(); _SECTION_BEGIN("Quarterly"); TimeFrameSet( inQuarterly); Piv = ( HHV(H, 3) + LLV(L, 3) + C )/3 ; HL = ( HHV(H, 3) - LLV(L, 3) )/2 ; up = Piv + HL ; dn = Piv - HL ; TimeFrameRestore(); Plot( TimeFrameExpand( piv, inQuarterly), "Quarterly", colorCustom10, styleDots|styleNoLine, Null, Null, 1 ); Plot( TimeFrameExpand( up, inQuarterly), " ", colorCustom10, styleDashed, Null, Null, 1 ); Plot( TimeFrameExpand( dn, inQuarterly), " ", colorCustom10, styleDashed, Null, Null, 1 ); _SECTION_END(); _SECTION_BEGIN("Yearly"); TimeFrameSet( inYearly); Piv = ( HHV(H, 3) + LLV(L, 3) + C )/3 ; HL = ( HHV(H, 3) - LLV(L, 3) )/2 ; up = Piv + HL ; dn = Piv - HL ; TimeFrameRestore(); Plot( TimeFrameExpand( piv, inYearly), "Yearly", colorCustom16, styleDots|styleNoLine, Null, Null, 1 ); //Plot( TimeFrameExpand( up, inYearly), " ", colorCustom16, styleDashed, Null, Null, 1 ); //Plot( TimeFrameExpand( dn, inYearly), " ", colorCustom16, styleDashed, Null, Null, 1 ); _SECTION_END();
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This system excellent!!!. I have changed the arrangement of the line styles and colors as I like them and recommend systems : Year,Quarter and Month for the Daily and Weekly analysis, Y,Q,M and W for the Daily Time-frame, Month,Week,Day and Hour system for Hourly, 30Min or 15Min time-frames is good(for day-trading).Many things can be done with this code. Thanks for posting-this is the best ever and no other indicators are needed at all!
For the explanation of this system – this is the site :
http://www.datafeeds.com.au/AMT_articles.html