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Pivot Levels with good stoploss for Amibroker (AFL)

anandnst about 14 years ago Amibroker (AFL)

  • Rating:
    4 / 5 (Votes 10)
  • Tags:
    trading system, amibroker

i have made a system with amazing stoploss with buy/sell signals added to the system.
Pivot levels and retracements all provided in the system

Try and give ur comments.

Screenshots

Indicator / Formula

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_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
_SECTION_BEGIN("Background Color");
BKswitch = ParamToggle("Background Color","On,Off");

OUTcolor = ParamColor("Outer Panel Color",colorLightBlue);
INUPcolor = ParamColor("Inner Panel Upper",colorPink);
INDNcolor = ParamColor("Inner Panel Lower",colorWhite);
TitleColor = ParamColor("Title Color ",colorBlack);

if (NOT BKswitch)
{
SetChartBkColor(OUTcolor); // color of outer border
SetChartBkGradientFill(INUPcolor,INDNcolor,TitleColor); // color of inner panel
}
_SECTION_END();

_SECTION_BEGIN("LEVELS");
PO=TimeFrameGetPrice( "O", inDaily, -1 );
PL=TimeFrameGetPrice( "L", inDaily, -1 );
PH=TimeFrameGetPrice( "H", inDaily, -1 );
PC=TimeFrameGetPrice( "C", inDaily, -1 );
TO= TimeFrameGetPrice( "O", inDaily, 0 );
TH= TimeFrameGetPrice( "H", inDaily, 0 );
TL= TimeFrameGetPrice( "L", inDaily, 0 );
TC= TimeFrameGetPrice( "C", inDaily, 0 );
PC1= TimeFrameGetPrice( "C", inDaily, -2 );

P=((PH+PL+PC)/3);
R1=((2*P)-PL);
S1=((2*P)-PH);
R2=((P-S1)+R1);
S2=(P-(R1-S1));
R3=PH+(2*(P-PL));
S3=PL-(2*(PH-P));

R=TH-TL;
PP=(TH+TL+TO+TO)/4;
RR1=PP+(R*0.38);
RR2=PP+(R*0.62);
SS1=PP-(R*0.38);
SS2=PP-(R*0.62);

PPP=(TH+TL+TO+TO)/4;
RRR1=((2*PPP)-TL);
SSS1=((2*PPP)-TH);
RRR2=((PPP-SSS1)+RRR1);
SSS2=(PPP-(RRR1-SSS1));

Pchange=PC-PC1;
PPerChange=(Pchange/PC1)*100;
Tchange=TC-PC;
TPerChange=(Tchange/TC)*100;

Title=Name()+
"\nPrevious  -  O :-"+PO+"  H :-"+PH+"  L :-"+PL+"  C :-"+PC+"  Change:-  "+Pchange+"  %ge:-  "+WriteVal(PPerChange,1.2)+
"\nTodays    -  O :-"+TO+"  H :-"+TH+"  L :-"+TL+"  C :-"+TC+"  Change:-  "+Tchange+"  %ge:-  "+WriteVal(TPerChange,1.2)+
"\n"+
"\n"+
"\nLevels"+
"\nEOD Pivot :-"+WriteVal(P,1.2)+      
"\nS-1 :-"+WriteVal(S1,1.2)+" - R-1 :-"+WriteVal(R1,1.2)+
"\nS-2 :-"+WriteVal(S2,1.2)+" - R-2 :-"+WriteVal(R2,1.2)+
"\nS-3 :-"+WriteVal(S3,1.2)+" - R-3 :-"+WriteVal(R3,1.2)+
"\n"+
"\nIntraday Pivot :-"+WriteVal(PP,1.2)+
"\nS-1 :-"+WriteVal(SSS1,1.2)+" - R-1 :-"+WriteVal(RRR1,1.2)+
"\nS-2 :-"+WriteVal(SSS2,1.2)+" - R-2 :-"+WriteVal(RRR2,1.2)+
"\n"+
"\nIntraday Retracement Levels"+
"\nS-1 :-"+WriteVal(SS1,1.2)+" - R-1:-"+WriteVal(RR1,1.2)+
"\nS-2 :-"+WriteVal(SS2,1.2)+" - R-2:-"+WriteVal(RR2,1.2);
_SECTION_END();
//------------------------------------------------------------------------------
     

_SECTION_BEGIN("Moving Average");

x=Param("EMA 1",20,1,200,1);
y=Param("EMA 2", 50,1,200,1);
z=Param("EMA 3",100,1,200,1);
zz=Param("EMA 4",200,1,200,1);
EMA20= EMA(C,x);
EMA50=EMA(C,y);
EMA100= EMA(C,z);
EMA200=EMA(C,zz);

SUT=EMA(C,5)>EMA20;
SDT=EMA20>EMA(C,5);
mut= EMA20>EMA50;
mdt=EMA20<EMA50;
_SECTION_END();
_SECTION_BEGIN("Mid Term Price Trend");


MPT = IIf( mut, colorGreen, IIf( mdt, colorRed, colorYellow));
Plot( 3, "", MPT, styleArea|styleOwnScale|styleNoLabel, 0, 100);

_SECTION_END();

_SECTION_BEGIN("Short Term Price Trend");

SPT = IIf( EMA(C,5)>EMA20, colorBrightGreen, IIf( EMA20>EMA(C,5), colorPink, colorYellow));
Plot( 6, "", SPT, styleArea|styleOwnScale|styleNoLabel, 0, 100);

_SECTION_END();

_SECTION_BEGIN("Magnified Market Price");
FS=Param("Font Size",30,30,100,1);
GfxSelectFont("Arial", FS, 700, italic = False, underline = False, True );
GfxSetBkMode( colorGreen );
GfxSetTextColor( ParamColor("Color",colorGreen) );
Hor=Param("Horizontal Position",350,800,800,800);
Ver=Param("Vertical Position",50,27,27,27);
GfxTextOut(""+C,Hor , Ver );
YC=TimeFrameGetPrice("C",inDaily,-1);
DD=Prec(C-YC,2);
xx=Prec((DD/YC)*100,2);
GfxSelectFont("Arial", 12, 700, italic = False, underline = False, True );
GfxSetBkMode( colorGreen );
GfxSetTextColor(ParamColor("Color",colorGreen) );
GfxTextOut(""+DD+" ("+xx+"%)", Hor+5, Ver+45 );
_SECTION_END();

_SECTION_BEGIN("SAM");
/*Gann HiLo*/
per=Optimize("Per",Param("Per",42,1,55,1),1,55,1);

Hld = IIf(C > Ref(MA(H, per), -1), 1, IIf(C < Ref(MA(L, per), -1), -1, 0));
Hlv = ValueWhen(Hld != 0, Hld, 1);
Hilo = IIf(Hlv == -1, MA(H, per), MA(L, per));
Trigger = IIf(C>Hilo, colorCustom9, colorCustom5);
Plot(C,"",1,128);
Plot(Hilo, _DEFAULT_NAME(), Trigger, styleStaircase);
SetPositionSize( 50, spsShares );
Buy=Cross(C,Hilo);
Sell=Cross(Hilo,C);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorGreen, 0,L, Offset=-25); 
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorRed, 0,H, Offset=-25);
_SECTION_END();

14 comments

about 14 years ago

Hellow Mr.Anand,

Trend Bands really amazing.

I have put the AFL, but chart is not clear, its compressed.

Any idea how can i get clear normal chart

Thanks
Viswanath

about 14 years ago

Hi Mr. Kv_Maligi, what do u mean by compressed Afl?? u wish to change the background colour then Visit in Parameter and change the Colour u want.
U can remove the Pivot levels on in black background (Go to Delete indicator – Delete levels ) – Chart would be clear.

about 14 years ago

Hi,

Its fine now, its a mistake from myside, accidentally i have put trix over it. Now chart is fine.

Thanks
viswanath

5. Divyesh
about 14 years ago

@anandnst ,
very good S/L…

if i wish to use this in my other positional formula,can i…?

about 14 years ago

yes divyesh, u can use this stoploss for entry and exit as positional.its really good one. This Afl is having Scanning also.

about 14 years ago

I have not tested your system but i think it is not correct . Different moving averages work in different time frames . You cant put one period moving average for all time frames . Suppose i am trading short term seeing daily charts . I will put here mov avg which works perfectly in this time frame .We have to change parameters in every time frame .

about 14 years ago

Kindly test it and then come to the results. i myself is trading on this system daily. i feel its worth in 15 minutes and daily timeframe. Try and would wait for ur comments.

almost 14 years ago

Hello Mr.Anand,
It is very good, and can u convert mt4 indicators to afl?, if u can give ur mail id.

12. anandnst
over 13 years ago

Hello Vjaisridharan,

R u using MT4 system??

Email address – anandnst@gmail.com

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