Lincolns pivot trading system for Amibroker (AFL)
klvenkatt over 14 years ago Amibroker (AFL)
Uses Bollinger Bands modified to identify Highs and Lows.
Go long when the Price touches the bottom band and rebounds and go short when the price touches the top bands and rebounds.
This formula is not written by me just downloaded it from Traderji.
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("ADX");
Col_bar = IIf(EMA(CCI(14),2) > Ref(EMA(CCI(14),2),-1),colorBrightGreen,colorRed);
Plot(Close,"price",col_bar,styleCandle);
_SECTION_END();
_SECTION_BEGIN("BB");
bb2top = BBandTop(Close,20,2.25);
bb1top = BBandTop(Close,20,1);
bb2bot = BBandBot(Close,20,2.25);
bb1bot = BBandBot(Close,20,1);
//PlotOHLC( Cc,Cc,80,Cc, "", IIf( Cc > 0, colorGreen, colorRed ), styleCloud | styleClipMinMax, -80, 80 );
Plot (bb2top,"",IIf(bb2top > Ref(bb2top,-1) AND bb2bot < Ref(bb2bot,-1),colorBlue,colorGrey40),styleNoLabel);
Plot (bb2bot,"",IIf(bb2top > Ref(bb2top,-1) AND bb2bot < Ref(bb2bot,-1),colorBlue,colorGrey40),styleNoLabel);
//Col_action = IIf(Close >bb1top AND PDI(range) > MDI(range),colorBrightGreen,IIf(Close <bb1bot AND PDI(range) < MDI(range),colorRed,colorBlack));
//Plot(2, "", IIf(ADX(range) > Ref(ADX(range),-1),colorBlue,colorBlack), styleOwnScale| styleArea|styleNoLabel,-0.5,100);
//Plot(5, "", Col_action, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();
//PlotOHLC(EMA( Close, 19 ),IIf(EMA( Close, 19 ) > EMA( Close, 21 ),EMA( Close, 19 ),EMA( Close, 21 )),IIf(EMA( Close, 19 )<EMA( Close, 21 ),EMA( Close, 19 ),EMA( Close, 21 )),EMA( Close, 20 ),"",IIf(EMA( Close, 20 ) > MA(EMA( Close, 20 ),3),colorDarkGreen,colorDarkRed),styleCloud);
_SECTION_END();
_SECTION_BEGIN("SIMPLE_D-CAMS_SHOW");
//---- pivot points
DayH = TimeFrameGetPrice("H", inDaily, -1);// yesterdays high
DayL = TimeFrameGetPrice("L", inDaily, -1);//low
DayC = TimeFrameGetPrice("C", inDaily, -1);//close
DayO = TimeFrameGetPrice("O", inDaily);// current day open
HiDay = TimeFrameGetPrice("H", inDaily);
LoDay = TimeFrameGetPrice("L", inDaily);
TimeFrameSet( inDaily );
R6 = (DayH / DayL) * DayC * 1.002;
R5 = (DayH / DayL) * DayC;
R4 = (((DayH / DayL) + 0.83) / 1.83) * DayC;
R3 = ( ( (DayH / DayL) + 2.66) / 3.66) * DayC;
R2 = ( ( (DayH / DayL) + 4.5) / 5.5) * DayC;
R1 = ( ( (DayH / DayL) + 10) / 11) * DayC;
S1 = (2- ( ( (DayH / DayL) + 10) / 11)) * DayC;
S2 = (2-( (DayH / DayL) + 4.5) / 5.5) * DayC;
S3 = (2-(( DayH / DayL) + 2.66) / 3.66) * DayC;
S4 = (2-( (DayH / DayL) + 0.83) / 1.83) * DayC;
S5 = (2-( DayH / DayL)) * DayC;
S6 = (2-( DayH / DayL)) * DayC * 0.998;
ShowR5 = ParamToggle("R5", "No|Yes");
R5Color=ParamColor( "R5Color", colorGold );
ShowR4 = ParamToggle("R4", "yes|no");
R4Color=ParamColor( "R4Color", colorOrange );
ShowR3 = ParamToggle("R3", "yes|no");
R3Color=ParamColor( "R3Color", colorOrange );
ShowR2 = ParamToggle("R2", "No|Yes");
R2Color=ParamColor( "R2Color", colorDarkRed );
ShowR1 = ParamToggle("R1", "No|Yes");
R1Color=ParamColor( "R1Color", colorRed );
ShowS1 = ParamToggle("S1", "No|Yes");
S1Color=ParamColor( "S1Color", colorGreen );
ShowS2 = ParamToggle("S2", "No|Yes");
S2Color=ParamColor( "S2Color", colorBrightGreen );
ShowS3 = ParamToggle("S3", "yes|no");
S3Color=ParamColor( "S3Color", colorDarkGreen );
ShowS4 = ParamToggle("S4", "yes|no");
S4Color=ParamColor( "S4Color", colorDarkGreen );
ShowS5 = ParamToggle("S5", "No|Yes");
S5Color=ParamColor( "S5Color", colorAqua );
//Shadowcolor = ParamColor("Shadow",ColorRGB(40,30,20));
//Shadowcolor1 = ParamColor("Shadow1",ColorRGB(20,30,20));
//Shadowcolor2 = ParamColor("Shadow2",ColorRGB(30,40,0));
//style = styleDots | styleThick + styleNoRescale ;
style = styleLine + styleNoRescale ;
if(ShowR5 == True)
Plot(R5, "R5",R5Color,style);
if(ShowR4 == False)
Plot(R4, "R4",R4Color,Style);
if(ShowR3 == False)
Plot(R3, "R3",R3Color,style);
if(ShowR2 == True)
Plot(R2, "R2",R2Color,styleLine);
if(ShowR1 == True)
Plot(R1, "R1",R1Color,styleLine);
if(ShowS1 == True)
Plot(S1, "S1",S1Color,styleLine);
if(ShowS2 == True)
Plot(S2, "S2",S2Color,styleLine);
if(ShowS3 == False)
Plot(S3, "S3",S3Color,style);
if(ShowS4 == False)
Plot(S4, "S4",S4Color,style);
if(ShowS5 == True)
Plot(S5, "S5",S5Color,style);
ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1)));
TimeFrameRestore();
_SECTION_END();
PlotOHLC(bb2top,bb2top,bb1top,bb1top,"",colorDarkGrey,styleCloud);
PlotOHLC(bb1bot,bb1bot,bb2bot,bb1bot,"",colorDarkGrey,styleCloud);
_SECTION_BEGIN("Fibo for all bars");
TimeFrameSet( in15Minute*2 );
DH=Ref(H,-1);
DL=Ref(L,-1);
DC=Ref(C,-1);
pd = (O+ DH+ DL + DC )/4;
sd1 = (2*pd)-DH;
sd2 = pd -(DH - DL);
sd3 = Sd1 - (DH-DL);
rd1 = (2*pd)-DL;
rd2 = pd +(DH -DL);
rd3 = rd1 +(DH-DL);
//Plot (pd,"Pivot",colorBlue,styleDots);
//Plot (rd1," R1 ",35,styleDots);
//Plot (rd2," R2 ",35,styleDots);
//Plot (rd3," R3 ",35,styleDots);
//Plot (sd1," S1 ",4,styleDots);
//Plot (Sd2," S2 ",4,styleDots);
//Plot (Sd3," S3 ",4,8+16);
/*
style = IIf(ParamList("Chart style", "styleCandle|styleBar")=="styleCandle",64,128+4);
Plot (C,Date ()+" close",1,style); //ENABLE THIS TO HAVE CANDLES AS WELL
*/
TimeFrameRestore();
Title = EncodeColor(colorWhite)+ "LINKON'S PIVOT TRADING SYSTEM" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "
//+ WriteIf(Col_action==colorGreen, EncodeColor(colorGreen)+"stay LONG","")+ WriteIf(Col_action==colorRed, EncodeColor(colorRed)+"stay SHORT","")+ WriteIf(Col_action==colorBlack, EncodeColor(colorYellow)+"No Trend","")+"\n"
+ "Vol= "+ WriteVal(V) +WriteIf ( V > MA(V,26) ,EncodeColor(colorGreen)+" UP "+ (V/MA(V,26))*100 + " %", EncodeColor(colorRed)+" DOWN "+ (V/MA(V,26))*100 + " %")
+ EncodeColor(colorGreen)+ "\n R3 : "+ EncodeColor(colorWhite)+RD3
+ EncodeColor(colorGreen)+ "\n R2 : "+ EncodeColor(colorWhite)+RD2
+ EncodeColor(colorGreen)+ "\n R1 : "+ EncodeColor(colorWhite)+RD1+ EncodeColor(colorGreen)+ "` Hi: "+ EncodeColor(colorWhite)+H
+ EncodeColor(colorBlue)+ "\n Pivot : "+ EncodeColor(colorWhite)+pd + EncodeColor(colorYellow)+ "` Op: "+ EncodeColor(colorWhite)+O+ EncodeColor(colorAqua)+ "Cl: "+ EncodeColor(colorBrightGreen)+C
+ EncodeColor(colorRed)+ "\n S1 : "+ EncodeColor(colorWhite)+SD1+ EncodeColor(colorRed)+ "` Lo: "+ EncodeColor(colorWhite)+L
+ EncodeColor(colorRed)+ "\n S2 : "+ EncodeColor(colorWhite)+SD2
+ EncodeColor(colorRed)+ "\n S3 : "+ EncodeColor(colorWhite)+SD3
;
_SECTION_END();2 comments
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Does it is ‘look in future’ indicator?
plz show the screen shot