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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Simple&Best for Amibroker (AFL)
It is very simple & best, mostly successful. Buy at supports and exit at resistances. short sell at resistances and exit at supports. Two supports and two resistances. Good for stocks mostly.
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Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 | _SECTION_BEGIN ( "Intraday Pivot" ); SetChartOptions (0, chartShowArrows | chartShowDates ); _N (Title = StrFormat ( "{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " + WriteVal ( V , 1.0 ) + " {{VALUES}}" , O , H , L , C , SelectedValue ( ROC ( C , 1 )) )); Plot ( C , "Close" , ParamColor ( "Color" , colorBlack ), styleNoTitle | ParamStyle ( "Style" ) | GetPriceStyle () ); H1= SelectedValue ( TimeFrameGetPrice ( "H" , inDaily , -1 )); L1= SelectedValue ( TimeFrameGetPrice ( "L" , inDaily , -1 )); C1= SelectedValue ( TimeFrameGetPrice ( "C" , inDaily , -1 )); //PP = Pr High + Pr Low + Pr Close; //High1 = ((((Pr Close + Pr High)/2)/3)*2) + (TodayOpen /3) ; //Low1 = ((((Pr Close + Pr Low)/2)/3)*2) + (TodayOpen /3) ; // Pivot Point Calculation ///////// PP= (H1 + L1 + C1)/3; High1=((((C1 + H1)/2)/3)*2) + ( O /3) ; Low1 = ((((C1 + L1)/2)/3)*2) + ( O /3) ; High2= High1 + (High1- Low1); Low2 = Low1 - (High1- Low1); Plot (PP, "Pivot" , colorOrange , styleLine + styleNoRescale ); Plot (High1, "H1" , colorViolet , styleLine | styleNoRescale ); Plot (High2, "H2" , colorViolet , styleLine | styleNoRescale ); Plot (Low1, "L1" , colorGreen , styleLine | styleNoRescale ); Plot (Low2, "L2" , colorGreen , styleLine | styleNoRescale ); _SECTION_END (); |
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What part of formula identifies Support … ditto Resistance. I would like to have BUY – SELL signals in formula so an Exploration could be developed
Dick @ areehoi@yahoo.com