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Oscillator composite for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
trading system, amibroker, zig zag
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("zigExplorer");
//z_ZigZagValid
// ******** CHARTING
PercentChange = Param("Zig1",1.50,0,5,0.05);
ZZ = Zig(H,LastValue(PercentChange)) ;
//Plot ZigZag
//Plot(ZZ,"ZigZag", colorLightGrey,styleLine|styleThick|styleNoLabel);
//Plot(ZZ," ", BarColors,styleDots|styleNoLine);
//Plot(ROC(ZZ,1),"ZZ",colorRed,styleLine|styleOwnScale);
PivotLow = Ref(IIf(Ref(ROC(ZZ,1),-1) < 0 AND ROC(ZZ,1) > 0, 1, Null),1);
PivotHigh = Ref(IIf(Ref(ROC(ZZ,1),-1) > 0 AND ROC(ZZ,1) < 0, 1, Null),1);
/*
Buy_Valid = IIf(C>(1+(LastValue(PercentChange)/100))*(ValueWhen(PivotLow, C,1))
AND ROC(ZZ,1) > 0,1,0);
Sell_Valid = IIf(C<(1-(LastValue(PercentChange)/100))*(ValueWhen(PivotHigh, C,1))
AND ROC(ZZ,1) < 0,1,0);
*/
Buy_Valid = IIf(C>(1+(PercentChange/100))*(ValueWhen(PivotLow, C,1))
AND ROC(ZZ,1) > 0,1,0);
Sell_Valid = IIf(C<(1-(PercentChange/100))*(ValueWhen(PivotHigh, C,1))
AND ROC(ZZ,1) < 0,1,0);
Buy_Valid = ExRem(Buy_Valid,Sell_Valid);
Sell_Valid = ExRem(Sell_Valid,Buy_Valid);
//Plots the arrows
PlotShapes( shapeSmallUpTriangle*Buy_Valid, colorGreen,0, L, -12);
PlotShapes( shapeSmallDownTriangle*Sell_Valid, colorRed,0,H, -12) ;
BarColors =
IIf(BarsSince(Buy_Valid) < BarsSince(Sell_Valid)
AND BarsSince(Buy_Valid)!=0, colorGreen,
IIf(BarsSince(Sell_Valid) < BarsSince(Buy_Valid)
AND BarsSince(Sell_Valid)!=0, colorRed, colorBlue));
//Plot the Candlestick charts
Plot(C, "Close", BarColors, styleCandle ) ;
Title = Name() + " " + Date() + " Op=" + Open + " Hi=" + High + " Lo=" + Low + " C=" + Close + WriteIf(PivotLow, " Up Pivot
","")+WriteIf(PivotHigh," Down Pivot ","")+ WriteIf(Buy_Valid, " Buy Point ",
"") + WriteIf(Sell_Valid, " Sell Point ", "") ;
_SECTION_END();15 comments
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DEAR ADMINISTRATOR,
I WANT TO KNOW WHY THIS FORMULA HAS NOT BEEN UPLOADED ON YOUR WEBSITE FOR OTHER MEMBERS AS THIS FORMULA IS TOTALLY ORIGINAL.
Dear aashish51,
Am try to see the “Oscillator composite for Amibroker (AFL)”
but not opened..!
(am already contribute some AFL to this site)
pls. give me details about.. how to open ?!!!
thank u.
Yes Admin Why This Afl Is Not Enable For Users Who Already Shared Afls To This Site
Can We Know ?
Thank You
For one reason or another it was not approved thus nobody can access it.
Thank You
Mr. Admin it is the reason we r interested in if not the formula.
ur site ur rule….!
thanx.
Almost 100% the same formula as http://www.wisestocktrader.com/indicators/881-zig-zag-indicator-with-valid-entry-and-exit-points
I don’t think this site needs more Zig Zag trading system formulas.
thanx….! admin for ur kind reply.
And really no more Zig-Zag plz….
This formula is totally different form (http://www.wisestocktrader.com/indicators/881) and it does not look into future. kindly recheck it.
Sir, Plz open this formula. I and also many other interested this formula. I search but this formula not in u r website.
Dear Admin,
Why do not you open this as the creator aashish51 is telling that its different from whats referred.
I believe, as you said, it is referring to future in one or otherway as you are more knowledgable & good decision maker.
Lets traders decide on their own & your help in contributing tradres is always appeciated.
My best regards,
Viswanath
Dear Admin, still the above formula not approved..
am try to use, but end result failed…
need ur help. thx
Approved because so many requested.
Thanks Admin, what you said is correct as zig zag refers future
Dear aashish,
thank u for ur indicator, which time frame is best one for this ?
waiting for ur reply. thank u.