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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
visual price levels for Amibroker (AFL)
Rating:
3 / 5 (Votes 3)
Tags:
amibroker, template
This is NO INDICATOR! It should be pasted below your own indicator!
you should have criteria with your indicator for long/sell/short/cover
if that’s available, you put this code below.
It uses a profittarget en stoploss of 2.5% and here it uses also the opening of the next day to close.
Don’t forget to change the questionmark !
explained:
EL = entry long (green)
LE = long exit (blue)
ES = entry short (red)
SE = short exit (orange)
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Indicator / Formula
Copy & Paste Friendly
// change the questionmarks the the value which is used to plot the indicator
base_array= ? ;
ExRem(Buy,Sell);
ExRem(Short,Cover);
PlotShapes( Buy * shapeUpTriangle, colorBrightGreen, 0);
PlotShapes( Short * shapeDownTriangle, colorOrange, 0);
PlotShapes( Sell * shapeSmallCircle, colorRed, 0,base_array,Offset=25);
PlotShapes( Cover * shapeSmallCircle, colorDarkGreen, 0,base_array,Offset=-25);
ApplyStop(stopTypeLoss, stopModePercent, Optimize( "stopTypeLoss", 2.5, 2.5, 2.5, 0.5 ) ,2, True );
ApplyStop(stopTypeProfit , stopModePercent, Optimize( "stopTypeProfit ", 2.5, 2.5, 2.5, 0.1 ) ,2, True );
////////////////////////////// HIGHLY IMPORTANT ////////////////////
//ACTIVATE STOPS IN SETTINGS
e = Equity(1,0); /* Highly Important!!. "Removes all extra signals, evaluates
stops AND writes BACK signals to Sell/Cover arrays". As it should be!!*/
PlotShapes( Buy* shapeUpArrow , colorBlack, 0);
PlotShapes( Short* shapeDownArrow , colorBlack, 0);
/*
1 - regular exit
2 - Max. loss
3 - profit target
4 - trailing
5 - ruin stop
6 - n-bar stop
*/
PlotShapes(IIf(Cover==2, shapeCircle, shapeNone),colorRed,0,base_array,0); //stoploss
PlotShapes(IIf(Cover==3, shapeCircle, shapeNone),colorGreen,0,base_array,0); //profit target
PlotShapes(IIf(Sell==2, shapeCircle, shapeNone),colorRed,0,base_array,0); //stoploss
PlotShapes(IIf(Sell==3, shapeCircle, shapeNone),colorGreen,0,base_array,0); //profit target
////////////////////////////////////////////////////////////////////////////////
OffsetBuy = Param("Offset_Buy (green)", -9, -25, 25, 1 );
OffsetSell = Param("Offset_Sell (blue)", 2, -25, 25, 1 );
OffsetShort = Param("Offset_Short (red)", 7, -25, 25, 1 );
OffsetCover = Param("Offset_Cover (orange)", -4, -25, 25, 1 );
OND=Ref(O,1); //OPEN NEXT DAY
base_arrayBUY=base_array+OffsetBuy ; //just for offset
base_arraySELL=base_array+OffsetSell ; //just for offset
base_arraySHORT=base_array+OffsetShort ; //just for offset
base_arrayCOVER=base_array+OffsetCover ; //just for offset
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] ) PlotText( "EL " + OND[ i ], i, base_arrayBUY[ i ], colorGreen );
if( Sell[i] AND NOT Short[i] ) PlotText( "LE " + OND[ i ], i, base_arraySELL[ i ], colorBlue);
if( Short[i] ) PlotText( "ES " + OND[ i ], i, base_arraySHORT[ i ], colorRed);
if( Cover[i] AND NOT Buy[i] ) PlotText( "SE " + OND[ i ], i, base_arrayCOVER[ i ], colorOrange);
}
////////////////////////////////////////////////////////////////////////////////
_SECTION_BEGIN("trending ribbon");
GraphXSpace=15;
uptrend=Buy;
downtrend=Short;
Plot( 2, "ribbon",IIf( uptrend, colorGreen, IIf( downtrend, colorRed, colorLavender )), styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
_SECTION_END();
////////////////////////////////////////////////////////////////////////////////5 comments
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showing error
Please help me to change question mark. I DON’T KNOW What to write?
Please give an example.
alright, put this above the code, and replace the questionmark with ks
it’s a basic system which creates the buy/sell criteria
this is just to show the entrylevels be plotted on the chart
Dear Dryden
Thanks,It is very good.
Dear Dryden
Itry many ways Igot many mistakes
can you do the AFL whithout quistion marks
please Explain it for me
best regards