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fractional theary for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker
This formula is created by me, but want to improve more,
This is not give buy sell signal,fractional theory give a
result for tomorrow resistance and support, possible buy,
most of the time possible buy act as a resistance and
support will be next day open price, but not accurate100%
if you dont know about fractional theory for intraday then
just google it,
Screenshots
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Indicator / Formula
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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", colorRed ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_BEGIN("FRACTION THEORY");
// Day FRACTIONAL Calculation
A = (H + L + C);
Z = (0.67);
T = (A * Z);
S = (T - H);
R = (T - L);
PB = (T - C);
Plot(s,"",colorWhite,styleLine|styleNoRescale);
Plot(R,"",colorGreen,styleLine|styleNoRescale);
Plot(PB,"",colorGold,styleLine|styleNoRescale);
Plot(O,"",colorPaleGreen,styleLine|styleNoRescale);
Plot(H,"",colorBlue,styleLine|styleNoRescale);
Plot(L,"",colorIndigo,styleLine|styleNoRescale);
_SECTION_END();2 comments
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what is the sell side stratergy
what is the sell side stratergy/theary