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#1 Selling Amibroker Plugin featuring:
NMN TradeMarks for Amibroker (AFL)
This is scriptlet to use with any price candles to see the immediate possibility of visualising the range of the trend. Mainly intended for DSE- Dhaka Stock Exchange trade-house members using Amibroker 5.0+ .
Just Copy & Paste on a new Formula editor and then drag & drop on your chart.
See how it works and comment your pits and falls on this script!
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN( "NMN-TradeMarking" ); SetFormulaName( "NMN-TradeMarking" ); Comm = Param( "Buy-Sell Commission", 0.6, 0, 5, 0.001 ); DayProfit = Param( "Profit per day (in %)", 1.25, 0.05, 15, 0.01 ); NMat = Param( "Normal maturity (T+#days)", 4, 0, 365, 1 ); ZMat = Param( "Z-Group maturity (T+#days)", 11, 0, 365, 1 ); // Indication colors & their toggles ShowBuyLine = ParamToggle( "Show BUY line", "Off,On", 1 ); BuyColor = ParamColor( "Buy line color", colorAqua ); ShowTPLine = ParamToggle( "Show 'Take Profit' line", "Off,On", 1 ); TPColor = ParamColor( "TakeProfit line color", colorGreen ); ShowBELine = ParamToggle( "Show 'Break Even' line", "Off,On", 1 ); BEColor = ParamColor( "BreakEven line color", colorRose ); ShowSLLine = ParamToggle( "Show 'Stop Loss' line", "Off,On", 1 ); SLColor = ParamColor( "StopLoss line color", colorRed ); ShowVertical = ParamToggle( "Show vertical limits", "Off,On", 0 ); CreateBand = ParamToggle( "Show band", "Off|On" ); // Nifty Calculations Commission = Comm / 100; // Percentage PerDayProfit = DayProfit / 100 ; TradeDays = IIf( GroupID( 1 ) == "Z", ZMat, NMat ) ; TradePrice = C;//Min( O, C ); TakeProfit = TradePrice * ( 1 + Commission ) * ( 1 + PerDayProfit * TradeDays ) / ( 1 - Commission ); BreakEven = TradePrice * ( 1 + Commission ) * ( 1 + PerDayProfit / ( 1 - Commission ) ); StopLoss = TradePrice * ( 1 - Commission ) * ( 1 - PerDayProfit / ( 1 + Commission ) ); if ( Status( "action" ) == actionIndicator ) { // Running trade marking if ( ShowVertical == True ) { bi = BarIndex(); arrayitem = SelectedValue( bi ) - bi[ 0 ]; bars = Tradedays; Line1 = //Cum( 1 ) == LastValue( Cum(1) ) - bars; //SelectedValue( BarIndex() ) - bars; arrayitem - bars; Plot( Line1, "Line is ( " + WriteVal( bars, 1 ) + " ) bars back", colorRose, styleHistogram | styleOwnScale ); //Plot( IIf( Ref( C, -4 ), 1, 0 ), "", colorRose, styleHistogram | styleOwnScale | styleNoLabel ); } // Buy line : if it is opted to not have shown if ( ShowBuyLine ) { Plot( SelectedValue( TradePrice ), "\nBuy @", BuyColor, styleLine | styleThick ); // TakeProfit/TP line if ( ShowTPLine ) { Plot( SelectedValue( TakeProfit ), "\nTP @", TPColor, styleLine | styleThick ); } // BE line if ( ShowBELine ) { Plot( SelectedValue( BreakEven ), "\nBE @", BEColor, styleThick | styleDashed ); } // StopLoss line if ( ShowSLLine ) { Plot( SelectedValue( StopLoss ), "\nSL @", SLColor, styleLine | styleThick ); } } // Create band effect if ( CreateBand ) { PlotOHLC( SelectedValue( BreakEven ), SelectedValue( BreakEven ), SelectedValue( TakeProfit ), SelectedValue( TakeProfit ), "", ColorBlend( TPColor, colorWhite, 0.85 ), styleCloud | styleNoLabel | styleNoTitle ); PlotOHLC( SelectedValue( TradePrice ), SelectedValue( TradePrice ), SelectedValue( BreakEven ), SelectedValue( BreakEven ), "", ColorBlend( BuyColor, colorWhite, 0.75 ), styleCloud | styleNoLabel | styleNoTitle ); PlotOHLC( SelectedValue( StopLoss ), SelectedValue( StopLoss ), SelectedValue( TradePrice ), SelectedValue( TradePrice ), "", ColorBlend( SLColor, colorWhite, 0.85 ), styleCloud | styleNoLabel | styleNoTitle ); } } _SECTION_END();
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Nice looking one only for buy.Can you add codes for shorts also
Good efforts but compulsory need Sell entry and Tgt also. Pl try which will very usefull to all
Sukas
HI
VERY NICE AFL PLS. TELL ME HOW YOU POSTED IT I HAVE DONE SOME POSTING TOO BUT IN MY INDICATOR IT SHOWS "NOT APPROVED YET " PLS. HELP
Please also following
1) short selling
2) scan/exploration
3) for which TF it gives best results
Thanks
Viswanath