Skip to main content

5 day high low system for Amibroker (AFL)

anandmoorti over 13 years ago Amibroker (AFL)

  • Rating:
    4 / 5 (Votes 7)
  • Tags:
    trading system, amibroker, timeframe

Its a very good afl for positional BANK NIFTY.
it is shared in Technical-Investor yahoo group

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("MA Crossover Unicolor");

Plot(EMA(Close,3),"3-EMA",colorYellow,1);
Plot(EMA(Close,5),"5-EMA",colorBlack,4);

r=EMA(C,3);
a=EMA(C,5);



no=Param( "Swing", 5, 1, 55 );

res=HHV(H,no);
sup=LLV(L,no);
tsl=IIf(ValueWhen(IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0))!=0,IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0)),1)==1,sup,res);

Plot(tsl, _DEFAULT_NAME(), colorBlack, styleStaircase);
Buy = Cross(C,res) ;
Sell = Cross(sup,C)  ;
//PlotShapes (IIf(Buy,shapeUpArrow,shapeNone),colorYellow,0,Graph0,-15);
//PlotShapes (IIf(Sell,shapeDownArrow,shapeNone),colorCustom12,0,Graph0,-15);

_SECTION_END();

//GfxDrawText("5 period high low system", 4,12, 250, 40);

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);

Plot( C, "Close", IIf(r>a,colorGreen,IIf(a>=r,colorRed,colorBlack)), styleCandle | styleThick ); 
_SECTION_END();
a=C;
g=(EMA(Close,3) * (2 / 4 - 1)-EMA(Close,5) * (2 / 6 - 1)) / (2 /4- 2 /6);
e=Ref(tsl,-1);
Buy = Cross(C,tsl) ;
Sell = Cross(tsl,C)  ;
SellPrice=ValueWhen(Sell,e,1);
BuyPrice=ValueWhen(Buy,e,1);
Long=Flip(Buy,Sell);
Shrt=Flip(Sell,Buy );
Filter=Buy OR Sell;
Buy = Cross(C,tsl) ;
Sell = Cross(tsl,C)  ;
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;

PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) );
a1=Ref(tsl,-1);
GraphXSpace = 5;
dist = 1.5*ATR(5); 
for( i = 0; i < BarCount; i++ ) 
{if( Buy[i] ) PlotText( "Buy\n@" + a1[ i ], i, L[ i ]-dist[i], colorGreen ); 
if( Sell[i] ) PlotText( "Sell\n@" + a1[ i ], i, H[ i ]+dist[i], 
colorRed); 
} 

GraphXSpace = 5;
dist = 2.5*ATR(5); 
for( i = 0; i < BarCount; i++ ) 
{if( Buy[i] ) PlotText( "Stop\n@" + tsl[ i ], i, L[ i ]-dist[i], colorRed ); 
if( Sell[i] ) PlotText( "Stop\n@" + tsl[ i ], i, H[ i ]+dist[i], 
colorGreen); 
} 
AddColumn( IIf( Buy, 66, 83 ), "Signal", formatChar );  
AddColumn(C,"close",1.2);
AddColumn(e,"trade price",1.2);
gd=(Ref(EMA(C,5),-1)*(1-.3333)-Ref(EMA(C,3),-1)*(1-.5))/(.5-.3333);
zd=(EMA(Close,3) * (2 / 4 - 1) - EMA(Close,5) * (2 / 6 - 1)) / (2 / 4 -2 /6);
Cond0=EMA(C,3)>EMA(C,5);
NR7 = (Ref(H,-1) - Ref(L,-1)) < Ref(LLV(H-L,7),-1);
V1=V;
V2=Ref(V,-1);
Title = EncodeColor(colorRed) +  Name() + " - " + EncodeColor(colorBlue)+ Interval(2)  +
 "  - " + Date() +" - " +EncodeColor(colorBlue) +"Open-"+O+"  "+"High-"+H+"  "+"Low-"+L+"  "+
"Close-"+C+"  "+ "Vol= "+ WriteVal(V,1.0)+"    "+"Lot Size "+WriteVal(RoundLotSize,1.0)+"  Margin   "+WriteVal(MarginDeposit,1.0)+
"\n"+ " Todays Vol = "+WriteVal(V1,1.0)+" Ydays Vol = "+WriteVal(V2,1.0)+"\n"+
 "3ema= "+ WriteVal(EMA(C,3),1.2)+"    "+ "5ema= "+ WriteVal(EMA(C,5),1.2)+"\n"+
 "5 period reversal=  "+ WriteVal(tsl,1.2)+"\n"+
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+e+"  ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+e+"  ","")+"\n"+EncodeColor(colorRed)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy  , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","")+EncodeColor(colorBlue)+
WriteIf(Long AND NOT Buy, "Trade : Long - Entry price Rs."+(BuyPrice),"")+EncodeColor(colorRed)+
WriteIf(shrt AND NOT Sell, "Trade : Short - Entry price Rs."+(SellPrice),"")+"\n"+EncodeColor(colorBlue)+
WriteIf(Long AND NOT Buy, "Current Profit/Loss Rs."+(C-BuyPrice)+"","")+
WriteIf(shrt AND NOT Sell, "Current Profit/Loss Rs."+(SellPrice-C)+"","")+
"\n"+ " Today's Reversal @ "+WriteVal(e,1.2);

GfxSelectFont("Tahoma", Status("pxheight")/12 );
GfxSetTextAlign(6.5 );// center alignment
GfxSetTextColor( ColorHSB( 42, 42, 42 ) );
GfxSetBkMode(0); // transparent
GfxTextOut( " " +Close, Status("pxwidth")/2, Status("pxheight")/8 );
GfxSetTextColor( ColorHSB( 42, 42, 42 ) );
TimeFrameSet(inDaily);
V1=V;
V2=Ref(V,-1);
V3=LLV(L,250);
OI1=Ref(OI,-1);
OI2=(OI-OI1)/1000;
L1=LLV(L,250);
L2=L;
H1=H;
Oa=Open;
Ha=High;
La=Low;
Cond11=Oa==Ha;
Cond12=Oa==La;
TimeFrameRestore();

_SECTION_BEGIN("OLH");
GfxSetOverlayMode(0);
GfxSelectFont("Tahoma", Status("pxheight")/15 );
GfxSetTextAlign(6.5 );// center alignment
GfxSetTextColor( ColorHSB( 42, 42, 42 ) );
GfxSetBkMode(0); // transparent
GfxTextOut( WriteIf(Cond11, "  Open=High     "," "), Status("pxwidth")/1.3, Status("pxheight")/1.25 );
GfxTextOut( WriteIf(Cond12, " Open=Low    "," "), Status("pxwidth")/1.3, Status("pxheight")/1.25 );

5 comments

over 13 years ago

Dear sir,
thx for sharing the indicator.
pls tell me.. which time frame for the indicator for good result…
thx….TIGER..

3. Tinych
over 13 years ago

Really good, I checked it out for the Russian market. It gives 6-9% for the quarter.

over 8 years ago

Dear Sir,

PLease Help Me i want to same this but not 5 day high low system for Amibroker (AFL)

I want 90 day high low system for Amibroker (AFL)

plz Help

Siddharaj
M. +91 9824598983
siddharajsisodiya at gmail dot com

Leave Comment

Please login here to leave a comment.