Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Pricious Pivots V2 for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
trading system, amibroker, pivots
this is a modification of privious “Pricious Pivots (http://www.wisestocktrader.com/indicators/3492-precious-pivots)”. Kitika asked for buy/sell Signals !
Here i have put Buy/Sell Signals along with Over Baught and Over sold Stars along with weekly long support and resistance and cloud taken from :- http://www.wisestocktrader.com/indicators/3523-pra-tts ( Thnx Jaipal7786 )
and Money Flow Formula taken from :- http://www.wisestocktrader.com/indicators/3513-mfi-based-heiken-ashi ( Thnx Kananwisha )
Rsi Value at the bar take from my post :- http://www.wisestocktrader.com/indicators/3510-rsi-value-at-the-bar
modified Ichimoku Cloud from dashed line to simple Line ( for santosh ).
removed weekly and monthly pivots supports and resistance …. !
for intraday purpase we can use our mind and can trade accordingly….!
as i had said in privious post “Pricious Pivots (http://www.wisestocktrader.com/indicators/3492-precious-pivots )”, this formula is not based on any stretagy so we can’t make TGT….!( but can think of next support or next resistance ).
when we get any signals we have to tread accordingly….!
this formula plots only pivots( hourly,Daily,weekly one), Ichimoku cloud,Long Support and Resistance.
thanx every friends for asking and encoraging me…!
Similar Indicators / Formulas
Trend and Pivot with Support And Resistance Levels
Submitted
by varadan almost 12 years ago
Isfandi Trading System II
Submitted
by isfandi almost 14 years ago
BOLLINGER BAND AND CROSS OVER SYSTEM
Submitted
by prasadmuni almost 12 years ago
T3 function cloud
Submitted
by ahmmad over 13 years ago
Buy and Sell as per Buy Arrow and Sell Arrow
Submitted
by nalin Soni about 12 years ago
Indicator / Formula
Copy & Paste Friendly
ppl = ParamToggle("","Off|On",1);
numbars = LastValue(Cum(Status("barvisible")));
fraction= IIf(StrRight(Name(),3) == "", 3.2, 3.2);
hts = -33.5;
HaClose =EMA((O+H+L+C)/4,3);
HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
HaHigh = Max( H, Max( HaClose, HaOpen ) );
HaLow = Min( L, Min( HaClose, HaOpen ) );
Periods=Param( "Periods",14, 2, 222, 1);
tp=(HaClose +HaHigh +HaLow )/3 ;
newMFI=100 -(100 /(1 + Sum(IIf(Tp>Ref(Tp,-1),V*Tp,0),Periods) /Sum(IIf(Tp<Ref(Tp,-1),V * Tp,0),Periods) ) );
_SECTION_BEGIN("Indicators");
RSI_Periods = Param("RSI Periods", 2, 1, 100, 1);
MA_Periods = Param("Periods for MAV", 50, 1, 200, 1);
Daily_Trend_MA_Pds = Param("Periods for Trend EMA", 6, 1, 100, 1);
MAV_Value = V/EMA(V, MA_Periods);
_SECTION_END();
// Check if previous day's close is above its 6-day EMA
DailyClose = TimeFrameCompress(Close, inDaily);
DailyEMA = EMA( DailyClose, Daily_Trend_MA_Pds);
DailyClose = TimeFrameExpand(DailyClose, inDaily, expandFirst);
DailyEma = TimeFrameExpand(DailyEMA, inDaily, expandFirst);
//Plot(DailyEma,"DailEma",colorCustom12,styleLine);
// Trend detection based on 6EMA for Daily
Daily_Trend_UP = DailyClose > DailyEMA;
Daily_Trend_DOWN = DailyClose < DailyEMA;
Trend_UP_Text = WriteIf(Daily_Trend_UP, "Daily Trend UP", "");
Trend_DOWN_Text = WriteIf(Daily_Trend_DOWN, "Daily Trend DOWN", "");
Trend_Neutral_Text = WriteIf(NOT Daily_Trend_DOWN AND NOT Daily_Trend_UP, "Neutral", "");
TrendCol = IIf(Daily_Trend_UP, colorGreen, IIf(Daily_Trend_DOWN, colorRed, colorLightGrey));
_SECTION_END();
_SECTION_BEGIN("i");
/* ICHIMOKU CHART */
n1 = Param("Èøèìîêó: ïåðèîä 1",9,1,200,1);
n2 = Param("Èøèìîêó: ïåðèîä 2",26,1,400,1);
n3 = Param("Èøèìîêó: ïåðèîä 3",52,1,600,1);
TenkanSen =(HHV(H,n1)+LLV(L,n1))/2; // Tenkan-sen (Òåíêàí-ñåí) – ýòî ñðåäíåå çíà÷åíèå öåíû çà ïåðâûé ïðîìåæóòîê âðåìåíè (ðàâíà (high+low)/2, ãäå high è low – ìàêñèìóì è ìèíèìóì çà ïåðèîä).
KijunSen =(HHV(H,n2)+LLV(L,n2))/2; // Kijun-sen (Êèäæóí-ñåí) – ýòî ñðåäíåå çíà÷åíèå öåíû çà âòîðîé ïðîìåæóòîê.
ChinkouSpan =Ref(C,-n2); // Chinkou Span (×èêîó ñïåí) - öåíà çàêðûòèÿ òåêóùåãî áàðà, ñäâèíóòàÿ íàçàä íà âåëè÷èíó âòîðîãî âðåìåííîãî èíòåðâàëà.
Cks = Close; // Ãðàôè÷åñêèé Chinkou Span, ñäâèã íàçàä çàñ÷åò îòðèñîâêè.
SenkouSpanA =Ref((KijunSen+TenkanSen)/2,-n2); // Senkou Span A (Ñåíêîó ñïåí À) / Up Kumo - ñåðåäèíà ðàññòîÿíèÿ ìåæäó Tenkan-sen è Kijun-sen, ñäâèíóòîå âïåðåä íà âåëè÷èíó âòîðîãî âðåìåííîãî èíòåðâàëà.
SpA =(KijunSen+TenkanSen)/2; // Ãðàôè÷åñêèé Senkou Span A , ñäâèã âïåðåä çàñ÷åò îòðèñîâêè.
SenkouSpanB =Ref((HHV(H,n3)+LLV(L,n3))/2,-n2); // Senkou Span B (Ñåíêîó ñïåí Â) / Down Kumo - ñðåäíåå çíà÷åíèå öåíû çà òðåòèé âðåìåííîé èíòåðâàë, ñäâèíóòîå âïåðåä íà âåëè÷èíó âòîðîãî âðåìåííîãî èíòåðâàëà.
SpB =(HHV(H,n3)+LLV(L,n3))/2; // Ãðàôè÷åñêèé Senkou Span B, ñäâèã âïåðåä çàñ÷åò îòðèñîâêè.
DL = Ref( C, 25 );
Plot (SpA,"SenkouSpanA",colorOrange,styleLine,0,0,n2);
Plot (SpB,"SenkouSpanB",colorPink,styleLine,0,0,n2);
_SECTION_END();
_SECTION_BEGIN("Price");
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
pds = 20;
MAFAST = EMA( Close, 20 );
MASLOW = EMA( Close, 40 );
DonchianUpper = HHV( Ref( H, -1 ), pds ); // Highest high value of highs in last 20 periods
DonchianLower = LLV( Ref( L, -1 ), pds ); // Lowest low value of low in last 20 periods
DonchianMiddle = ( DonchianUpper + DonchianLower ) / 2;
UpTrend = C > ( LLV( L, 20 ) + 2 * ATR( 10 ) ) AND EMA( Close, 20 ) > EMA( Close, 40 );
DnTrend = C < ( HHV( H, 20 ) - 2 * ATR( 10 ) ) AND EMA( Close, 20 ) < EMA( Close, 40 );
Color = IIf( UpTrend, colorBlue, IIf( DnTrend, colorRed, colorYellow) );
UpTrend=ExRem(UpTrend,DnTrend);
Dntrend=ExRem(DnTrend,UpTrend);
// Plots a 20 period Donchian channel
Plot( C, "Price", Color, styleCandle | styleThick );
numbars = LastValue(Cum(Status("barvisible")));
fraction= IIf(StrRight(Name(),3) == "",3.2,3.2);
bhts = Param ("Text Shift", -50,-100,1000,5);
PlotText(">>" + WriteVal(RSI(14),fraction),
SelectedValue(BarIndex()+1)-(numbars/bhts),SelectedValue(C),colorWhite);
mhts = Param ("MFI Text Shift", -15,-100,1000,5);
PlotText("|| " + WriteVal(newMFI,fraction),
SelectedValue(BarIndex()+5)-(numbars/mhts),SelectedValue(C),colorWhite);
NewDay = IIf(Day() != Ref(Day(), -1) OR BarIndex() == LastValue(BarIndex()), 1, 0);
//Plot(NewDay, "", 47, 2 + 32768 + 4096, Minvalue = 0, Maxvalue = 1);
PlotShapes(IIf(UpTrend, shapeUpArrow, shapeNone),colorBrightGreen, 0,L, Offset=-45);
PlotShapes(IIf(DnTrend, shapeDownArrow, shapeNone),colorRed, 0,H, Offset=-45);
_SECTION_END();
mybuy=RSI(14)<30 & newMFI<20;
mysell=RSI(14)>70 & newMFI>80;
//mybuy=ExRem(mybuy,mysell);
//mysell=ExRem(mysell,mybuy);
PlotShapes(shapeHollowSmallUpTriangle * mybuy,colorBrightGreen,0,L, Offset=-47);
PlotShapes(shapeHollowSmallDownTriangle * mybuy,colorBrightGreen,0,L, Offset=45);
PlotShapes(shapeHollowSmallDownTriangle * mysell,colorRed,0,H, Offset=-47);
PlotShapes(shapeHollowSmallUpTriangle * mysell,colorRed,0,H, Offset=45);
_SECTION_BEGIN("PIVOT POINTS");
/* This code calculates the previous days high, low and close */
Hi1 = IIf(Day()!=Ref(Day(),-1),Ref(HighestSince(Day()!=Ref(Day(),-1),H,1),-1),0);
Hi = ValueWhen(Day()!=Ref(Day(),-1),Hi1,1);
Lo1 = IIf(Day()!=Ref(Day(),-1),Ref(LowestSince(Day()!=Ref(Day(),-1),L,1),-1),0);
Lo = ValueWhen(Day()!=Ref(Day(),-1),Lo1,1);
Cl1 = IIf(Day()!=Ref(Day(),-1),Ref(C,-1),0);
C1 = ValueWhen(Day()!=Ref(Day(),-1),Cl1,1);
wHi=TimeFrameGetPrice("H",inWeekly,-1);
wLo=TimeFrameGetPrice("L",inWeekly,-1);
wCl=TimeFrameGetPrice("C",inWeekly,-1);
mHi=TimeFrameGetPrice("H",inMonthly,-1);
mLo=TimeFrameGetPrice("L",inMonthly,-1);
mCl=TimeFrameGetPrice("C",inMonthly,-1);
//----------------------------------------------------------------------------------
/* This code calculates Daily Piovts */
rg = (Hi - Lo);
bp = (Hi + Lo + C1)/3; bpI = LastValue (bp,1);
r1 = (bp*2)-Lo; r1I = LastValue (r1,1);
s1 = (bp*2)-Hi; s1I = LastValue (s1,1);
r2 = bp + r1 - s1; r2I = LastValue (r2,1);
s2 = bp - r1 + s1; s2I = LastValue (s2,1);
r3 = bp + r2 - s1; r3I = LastValue (r3,1);
s3 = bp - r2 + s1; s3I = LastValue (s3,1);
r4 = bp + r2 - s2; r4I = LastValue (r4,1);
s4 = bp - r2 + s2; s4I = LastValue (s4,1);
wrg = (wHi - wLo);
wbp = (wHi + wLo + wCl)/3; wbpI = LastValue (wbp,1);
wr1 = (wbp*2)-wLo; wr1I = LastValue (wr1,1);
ws1 = (wbp*2)-wHi; ws1I = LastValue (ws1,1);
wr2 = wbp + wr1 - ws1; wr2I = LastValue (wr2,1);
ws2 = wbp - wr1 + ws1; ws2I = LastValue (ws2,1);
wr3 = wbp + wr2 - ws1; wr3I = LastValue (wr3,1);
ws3 = wbp - wr2 + ws1; ws3I = LastValue (ws3,1);
wr4 = wbp + wr2 - ws2; wr4I = LastValue (wr4,1);
ws4 = wbp - wr2 + ws2; ws4I = LastValue (ws4,1);
mrg = (mHi - mLo);
mobp = (mHi + mLo + mCl)/3; mobpI = LastValue (mobp,1);
mr1 = (mobp*2)-mLo; mr1I = LastValue (mr1,1);
ms1 = (mobp*2)-mHi; ms1I = LastValue (ms1,1);
mr2 = mobp + mr1 - ms1; mr2I = LastValue (mr2,1);
ms2 = mobp - mr1 + ms1; ms2I = LastValue (ms2,1);
if(ppl==1) {
Plot(bp,"",colorBlue,styleDashed|styleLine|styleNoRescale);
Plot(s1,"",colorRed,styleDashed|styleNoRescale);
Plot(s2,"",colorRed,styleDashed|styleNoRescale);
Plot(s3,"",colorRed,styleDashed|styleNoRescale);
Plot(s4,"",colorRed,styleDashed|styleNoRescale);
Plot(r1,"",colorGreen,styleDashed|styleNoRescale);
Plot(r2,"",colorGreen,styleDashed|styleNoRescale);
Plot(r3,"",colorGreen,styleDashed|styleNoRescale);
Plot(r4,"",colorGreen,styleDashed|styleNoRescale);
Plot(wbp,"",colorTan,styleDashed|styleLine|styleNoRescale);
Plot(ws1,"",colorPaleGreen,styleDashed|styleNoRescale);
Plot(wr1,"",colorPaleBlue,styleDashed|styleNoRescale);
PlotText(" Pivot = " + WriteVal(bp,fraction), LastValue(BarIndex())-(numbars/Hts), bpI +0.05, colorBlue);
PlotText(" Resistance 1 = " + WriteVal(r1,fraction), LastValue(BarIndex())-(numbars/Hts), r1I +0.05, colorGreen);
PlotText(" Support 1 = " + WriteVal(s1,fraction), LastValue(BarIndex())-(numbars/Hts), s1I +0.05, colorRed);
PlotText(" Resistance 2 = " + WriteVal(r2,fraction), LastValue(BarIndex())-(numbars/Hts), r2I +0.05, colorGreen);
PlotText(" Support 2 = " + WriteVal(s2,fraction), LastValue(BarIndex())-(numbars/Hts), s2I +0.05, colorRed);
PlotText(" Resistance 3 = " + WriteVal(r3,fraction), LastValue(BarIndex())-(numbars/Hts), r3I +0.05, colorGreen);
PlotText(" Support 3 = " + WriteVal(s3,fraction), LastValue(BarIndex())-(numbars/Hts), s3I +0.05, colorRed);
PlotText(" Resistance 4 = " + WriteVal(r4,fraction), LastValue(BarIndex())-(numbars/Hts), r4I +0.05, colorGreen);
PlotText(" Support 4 = " + WriteVal(s4,fraction), LastValue(BarIndex())-(numbars/Hts), s4I +0.05, colorRed);
PlotText(" W Pivot = " + WriteVal(wbp,fraction), LastValue(BarIndex())-(numbars/Hts), wbpI +0.05, colorTan);
PlotText(" W Resistance 1 = " + WriteVal(wr1,fraction), LastValue(BarIndex())-(numbars/Hts), wr1I +0.05, colorPaleBlue);
PlotText(" W Support 1 = " + WriteVal(ws1,fraction), LastValue(BarIndex())-(numbars/Hts), ws1I +0.05, colorPaleGreen);
}
_SECTION_END();
_SECTION_BEGIN("L.T.P.");
cx = Param( "cxposn", 1000, 0, 1250, 1 );
cy = Param( "cyposn", 25, 0, 500, 1 );
GfxSelectFont( "Candara", 18, 98, False );
gfxcup = SelectedValue(C > Ref(C,-1));
gfxpcolor = IIf(gfxcup,colorBrightGreen,colorRed);
GfxSetTextColor(gfxpcolor);
//GfxSetTextColor( colorWhite );
GfxTextOut( "L.T.P. " + C + " ", cx, cy );
_SECTION_END();
_SECTION_BEGIN("Background text");
SetChartBkColor(colorBlack);
strWeekday = StrMid("---sunday---Monday--TuesdayWednesday-Thursday--Friday--Saturday", SelectedValue(DayOfWeek())*9,9);
GraphXSpace=Param("GraphXSpace",0,-55,200,1);
C13=Param("fonts",20,10,30,1 );
C14=Param("left-right",2.1,1.0,5.0,0.1 );
C15=Param("up-down",12,1,20,1 );
Miny = Status("axisminy");
Maxy = Status("axismaxy");
lvb = Status("lastvisiblebar");
fvb = Status("firstvisiblebar");
pxwidth = Status("pxwidth");
pxheight = Status("pxheight");
GfxSetBkMode(transparent=1);
GfxSetOverlayMode(1);
GfxSelectFont("Candara", Status("pxheight")/C13 );
GfxSetTextAlign( 6 );
GfxSetTextColor( ColorRGB (217,217,213));
GfxTextOut( Name(), Status("pxwidth")/C14, Status("pxheight")/C15 );
GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 );
GfxSetTextColor( ColorRGB (103,103,103));
GfxTextOut( "By", Status("pxwidth")/C14, Status("pxheight")/C15*2.5 );
GfxSelectFont("Candara", Status("pxheight")/C13*0.5 );
GfxSetTextColor( ColorRGB (103,103,103));
GfxTextOut( "Sai Stock Broking 09825340778", Status("pxwidth")/C14, Status("pxheight")/C15*4 );
GfxSelectFont("MS Sans Serif", 10, 500, False, False, 0);
_SECTION_END();
_SECTION_BEGIN("Title");
DODay = TimeFrameGetPrice("O", inDaily);
DHiDay = TimeFrameGetPrice("H", inDaily);
DLoDay = TimeFrameGetPrice("L", inDaily);
Title = EncodeColor(colorWhite)+"* SAI STOCK BROKING 09825340778 * "+EncodeColor(colorWhite)+ Name() + ", " + Interval(2) + ", " + Date() + " - "+strWeekday + " - " +
EncodeColor(colorWhite) + "\nO " + EncodeColor(colorWhite) + O +
", H : " + H +
", L : " + L +
", C : " + C +
"\n"+EncodeColor(colorWhite)+ " Day-Open : " +DODay + " Day-High : " +DHiDay + " Day-Low : " + DLoDay +
"\n" + EncodeColor(colorRed) + Trend_Down_Text + EncodeColor(colorBrightGreen) + Trend_Up_Text +
EncodeColor(colorWhite) + Trend_Neutral_Text +
EncodeColor(colorCustom12) + " || Trend value: " + WriteVal(DailyEMA,1)
;
_SECTION_BEGIN("Time Left");
function GetSecondNum()
{
Time = Now( 4 );
Seconds = int( Time % 100 );
Minutes = int( Time / 100 % 100 );
Hours = int( Time / 10000 % 100 );
SecondNum = int( Hours * 60 * 60 + Minutes * 60 + Seconds );
return SecondNum;
}
RequestTimedRefresh( 1 );
TimeFrame = Interval();
SecNumber = GetSecondNum();
Newperiod = SecNumber % TimeFrame == 0;
SecsLeft = SecNumber - int( SecNumber / TimeFrame ) * TimeFrame;
SecsToGo = TimeFrame - SecsLeft;
x=Param("xposn",430,0,1000,1);
y=Param("yposn",40,0,1000,1);
GfxSelectSolidBrush( ColorRGB( 230, 230, 230 ) );
GfxSelectPen( ColorRGB( 230, 230, 230 ), 2 );
if ( NewPeriod )
{
GfxSelectSolidBrush( colorYellow );
GfxSelectPen( colorYellow, 2 );
Say( "New period" );
}
cx = Param( "cxposn", 1100, 0, 1250, 1 );
cy = Param( "cyposn", 10, 0, 500, 1 );
GfxSelectFont( "Candara", 12, 98, False );
//gfxcup = SelectedValue(C > Ref(C,-1));
//gfxpcolor = IIf(gfxcup,colorBrightGreen,colorRed);
GfxSetTextColor(colorRed);
//GfxSetTextColor( colorWhite );
GfxTextOut( "T i m e L e f t " + SecsToGo + " ", cx, cy );
_SECTION_END();
_SECTION_BEGIN("PIVOTS Hourly");
TimeFrameSet(inHourly);
HourlyH= LastValue(Ref(H,-1));
HourlyL= LastValue(Ref(L,-1));
HourlyC= LastValue(Ref(C,-1));
TimeFrameRestore();
//Daily
HPP = (HourlyL + HourlyH + HourlyC)/3;HPPI = LastValue (HPP,1);
HR1 = (2 * HPP) - HourlyL;HR1I = LastValue (HR1,1);
HS1 = (2 * HPP) - HourlyH;HS1I = LastValue (HS1,1);
HR2 = HPP + (HourlyH - HourlyL);HR2I = LastValue (HR2,1);
HS2 = HPP - (HourlyH - HourlyL);HS2I = LastValue (HS2,1);
HR3 = HourlyH + 2*(HPP - HourlyL);HR3I = LastValue (HR3,1);
HS3 = HourlyL - 2*(HourlyH - HPP);HS3I = LastValue (HS3,1);
SHOWDPIVOTS = ParamToggle("Hourly Pivots", "No|Yes",0);
SHOW3 = ParamToggle("3rd Line", "No|Yes",0);
for (i=BarCount-2;i>(BarCount-13);i--)//set the last bars to the final PP value
{
HPP[i] = HPP[BarCount-1];
HR1[i] = HR1[BarCount-1];
HR2[i] = HR2[BarCount-1];
HS1[i] = HS1[BarCount-1];
HS2[i] = HS2[BarCount-1];
ColorG[i] = colorGreen;
ColorB[i] = colorBlue;
ColorR[i] = colorRed;
}
//
// Conceal all but the trailing portion of the line
//
for (i=0;i<BarCount-15;i++) //hide the line except most recent 15 bars
{
ColorR[i] = ColorG[i] = ColorB[i] = colorBlack;
}
if (SHOWDPIVOTS) {
Plot(HR2, "R2",ColorG);
Plot(HR1, "R1",ColorG);
Plot(HPP, "PP",ColorB);
Plot(HS1, "S1",ColorR);
Plot(HS2, "S2",ColorR);
PlotText(" H Pivot = " + WriteVal(HPP,fraction), LastValue(BarIndex())-(numbars/Hts), HPPI +0.05, colorBlue);
PlotText(" H Resis 1 = " + WriteVal(HR1,fraction), LastValue(BarIndex())-(numbars/Hts), HR1I +0.05, colorGreen);
PlotText(" H Sup 1 = " + WriteVal(HS1,fraction), LastValue(BarIndex())-(numbars/Hts), HS1I +0.05, colorRed);
PlotText(" H Resis 2 = " + WriteVal(HR2,fraction), LastValue(BarIndex())-(numbars/Hts), HR2I +0.05, colorGreen);
PlotText(" H Sup 2 = " + WriteVal(HS2,fraction), LastValue(BarIndex())-(numbars/Hts), HS2I +0.05, colorRed);
}
if (SHOWDPIVOTS & SHOW3)
{
Plot(HS3, "S3",ColorR);
Plot(HR3, "R3",ColorG);
PlotText(" H Resis 3 = " + WriteVal(HR3,fraction), LastValue(BarIndex())-(numbars/Hts), HR3I +0.05, colorGreen);
PlotText(" H Sup 3 = " + WriteVal(HS3,fraction), LastValue(BarIndex())-(numbars/Hts), HS3I +0.05, colorRed);
}
_SECTION_END();
_SECTION_BEGIN("SupRes_Short");
supresshortcolor=ParamColor("SupResShort",ColorRGB(82,82,82));
//this is for short term support line
TimeFrameSet(inWeekly);
ShortSupLenght=Param( "ShortResistLength", 4, 1, 55 ,1);
ShortSupCond1=HHV(High,ShortSupLenght);
ShortSupCond2=Close<Ref(LLV(Low,4),-1);
ShortSupA=IIf(L>Ref(ShortSupCond2,-1),1,IIf(H<Ref(ShortSupCond1,-1),-1,0));
ShortSupB=ValueWhen(ShortSupA!=0,ShortSupA,1);
ShortSupResult=IIf(ShortSupB==1,ShortSupCond1,ShortSupCond2);
TimeFrameRestore();
FinalShortSup=TimeFrameExpand(ShortSupResult,inWeekly,expandFirst);
Plot(FinalShortSup ,"ShortResistance",supresshortcolor,styleLine|styleStaircase|styleThick|styleNoRescale|styleNoLabel|styleNoTitle);
//this is for short term resistance line
TimeFrameSet(inWeekly);
ShortResLenght=Param( "ShortSupportLenght", 4, 1, 55 ,1);
ShortResCond1=Close>Ref(HHV(High,4),-1);
ShortResCond2=LLV(Low,ShortResLenght);
ShortResA=IIf(H>Ref(ShortResCond1,-1),1,IIf(L<Ref(ShortResCond2,-1),-1,0));
ShortResB=ValueWhen(ShortResA!=0,ShortResA,1);
ShortResResult=IIf(ShortResB==1,ShortResCond2,ShortResCond1);
TimeFrameRestore();
FinalShortRes=TimeFrameExpand(ShortResResult,inWeekly,expandFirst);
Plot(FinalShortRes ,"ShortSupport",supresshortcolor,styleLine|styleThick|styleStaircase|styleNoRescale|styleNoLabel|styleNoTitle);
CS=FinalShortSup;
CR=FinalShortRes;
Step = (CR-CS)/4;
KC = CS + Step;
KB = KC + Step;
KA = KB + Step;
CloudColor1 = ParamColor("CloudColor1",ColorRGB(128,31,17));
CloudColor2 = ParamColor("CloudColor2",ColorRGB(139,139,0));
CloudColor3 = ParamColor("CloudColor3",ColorRGB(1,70,1));
CloudColor4 = ParamColor("CloudColor4",ColorRGB(41,105,05));
PlotOHLC( CS, CS, KC,KC, "Band", CloudColor1, styleCloud |styleThick |styleDashed | styleNoLabel|styleNoTitle|styleNoRescale);
PlotOHLC( KC, KC, KB,KB, "Band", CloudColor2, styleCloud |styleThick |styleDashed| styleNoLabel|styleNoTitle|styleNoRescale);
PlotOHLC( KB, KB, KA,KA, "Band", CloudColor3, styleCloud |styleThick |styleDashed| styleNoLabel|styleNoTitle|styleNoRescale);
PlotOHLC( KA, KA, CR,CR, "Band", CloudColor4, styleCloud |styleThick |styleDashed| styleNoLabel|styleNoTitle|styleNoRescale);
_SECTION_END();
_SECTION_BEGIN("SupRes_Long");
supreslongcolor=ParamColor("SupReslong",ColorRGB(0,0,234));
//this is for long term resistance line
TimeFrameSet(inWeekly);
LongResLength=Param( "ResistanceLength", 30, 1, 55 ,1);
LongResCond1=HHV(H,LongResLength);
LongResCond2=Close<Ref(LLV(Low,4),-1);
LongResA=IIf(L>Ref(LongResCond2,-1),1,IIf(H<Ref(LongResCond1,-1),-1,0));
LongResB=ValueWhen(LongResA!=0,LongResA,1);
LongResResult=IIf(LongResB==1,LongResCond1,LongResCond2);
TimeFrameRestore();
FinalResResult=TimeFrameExpand(LongResResult,inWeekly,expandFirst);
Plot(FinalResResult ,"Resistance",supreslongcolor,styleLine|styleThick|styleDashed|styleNoRescale|styleNoLabel|styleNoTitle);
//this is for long term support line
TimeFrameSet(inWeekly);
LongSupLenght=Param( "SupportLenght", 30, 1, 55 ,1);
LongSupCond1=Close>Ref(HHV(High,4),-1);
LongSupCond2=LLV(Low,LongSupLenght);
LongSupA=IIf(H>Ref(LongSupCond1,-1),1,IIf(L<Ref(LongSupCond2,-1),-1,0));
LongSupB=ValueWhen(LongSupA!=0,LongSupA,1);
LongSupResult=IIf(LongSupB==1,LongSupCond2,LongSupCond1);
TimeFrameRestore();
FinalSupResult=TimeFrameExpand(LongSupResult,inWeekly,expandFirst);
Plot(FinalSupResult ,"Support",supreslongcolor,styleLine|styleThick|styleDashed|styleNoRescale|styleNoLabel|styleNoTitle);
CloudResColor=ParamColor("LongColor",ColorRGB(0,0,45));
CS1=FinalResResult;
CR1=FinalSupResult;
//PlotOHLC( CS1, CS1, CR1,CR1, "", CloudResColor, styleCloud |styleStaircase|styleNoRescale| styleNoLabel|styleNoTitle);
_SECTION_END();2 comments
Leave Comment
Please login here to leave a comment.
Back
thanks for listening e but still feeling incomplete no messege box given levels also when reversal change plz add this also i am expecting complete afl from u sir u can do it sir tell i will help u ……..
@kitika,
thanx kitika, even i had told you, “you have my number….!”
waiting for your help……!!!