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#1 Selling Amibroker Plugin featuring:
elliotwave with single loop for Amibroker (AFL)
I got this code on yahoo group . It is elliotwave based on sigle loop.
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("Elliotwave"); X=BarIndex(); p=Param("p",5,5,30,1); z=Zig(C,p);Plot(C,"C",2,64); CONDP=PeakBars(C,P)==0;SP=Cum(CONDP); EP1=ValueWhen(CONDP,C,1);TP1=ValueWhen(CONDP,X,1); EP2=ValueWhen(CONDP,C,2);TP2=ValueWhen(CONDP,X,2); EP3=ValueWhen(CONDP,C,3);TP3=ValueWhen(CONDP,X,3); EP4=ValueWhen(CONDP,C,4);TP4=ValueWhen(CONDP,X,4); CONDT=TroughBars(C,P)==0;ST=Cum(CONDT); ET1=ValueWhen(CONDT,C,1);TT1=ValueWhen(CONDT,X,1); ET2=ValueWhen(CONDT,C,2);TT2=ValueWhen(CONDT,X,2); ET3=ValueWhen(CONDT,C,3);TT3=ValueWhen(CONDT,X,3); ET4=ValueWhen(CONDT,C,4);TT4=ValueWhen(CONDT,X,4); ET5=ValueWhen(CONDT,C,5);TT5=ValueWhen(CONDT,X,5); // EW definition EW8=EP3>EP4 AND EP2>EP3 AND EP2>EP1 AND ET4>ET5 AND ET3>ET2 AND ET2>ET1 AND ET3>ET4 AND ET4>ET5 AND CONDT; COLOR=colorWhite; PlotShapes(shapeDigit8*EW8,color); G=Cum(CONDP OR CONDT); GEW=SelectedValue(ValueWhen(EW8,G)); for(n=1;n<=9;n++) { PlotShapes((49-(2*n-(n%2)))*(G==GEW-n AND (n%2)*CONDP+(-1+n%2) *CONDT),Color); } Plot(EW8,"",colorRed,2+styleOwnScale); Plot(z,"",colorYellow,styleThick); Filter=EW8;// explore for all quotations AddColumn(C,"C"); GraphXSpace=8; _SECTION_END();
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good effort