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#1 Selling Amibroker Plugin featuring:
NIFTY SUPERTREND SYSTEM for Amibroker (AFL)
DESIGNED FOR NIFTY FUTURES; FOR 5 MINUTE TIMEFRAME; TARGET AS PER ONE’S WISH
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("NIFTY SuperTrend"); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); SetChartOptions(1,chartShowArrows|chartShowDates|chartWrapTitle); GraphXSpace = 15; SetBarFillColor(IIf(C>O,ParamColor("Candle UP Color", colorGreen),IIf(C<=O,ParamColor("Candle Down Color", colorRed),colorLightGrey))); Plot(C,"",IIf(C>O,ParamColor("Wick UP Color", colorDarkGreen),IIf(C<=O,ParamColor("Wick Down Color", colorDarkRed),colorLightGrey)),64,0,0,0,0); SetChartBkGradientFill( ParamColor( "TopColor", ColorRGB( 0, 255, 255 ) ), ParamColor( "BottomColor", ColorRGB( 0, 255, 255 ) ) ); //SetTradeDelays(1,1,1,1); Period = Param("Period", 800, 1, 2400, 1); mult = Param("Multiplier", 8, 1.1, 20.0, 0.01); // 5 minutes chart. f=ATR(period); VS[0] = Close[0]; trend[0] = 0; HighC[0]=0; Lowc[0]=0; for( i = period+1; i < BarCount; i++ ) { vs[i] = vs[i-1]; trend[i] = trend[i-1]; highC[i] = HighC[i-1]; lowc[i] = lowc[i-1]; if ((trend[i]>=0) && ( C[i] <VS[i] )) { trend[i] =-1; HighC[i] = C[i]; lowc[i] = C[i]; } if ((trend[i]<=0) && (C[i] >VS[i])) { trend[i]=1; HighC[i] = C[i]; lowc[i] = C[i]; } if (trend[i]==-1) { if (C[i]<lowc[i]) lowc[i] = C[i]; VS[i]= lowc[i]+ (mult*f[i]); } if (trend[i]==1) { if (C[i]>HighC[i]) HighC[i] = C[i]; VS[i]= HighC[i]-(mult*f[i]); } } Plot(VS, "Vol Stop",IIf(trend==1,colorRed,colorYellow ),styleThick); Buy=Cross(Trend,0); Short=Cross(0, Trend); Buy = Ref(Buy, -1); Short = Ref(Short, -1); Hp = HHV( H, 40 ); Lp = LLV( L, 40 ); BarsSincebuy = BarsSince( Buy ); BarsSinceshort = BarsSince( Short ); LastSignal = IIf( BarsSincebuy < BarsSinceshort, 1, -1 ); Sig = WriteIf( BarsSincebuy < BarsSinceshort, "BUY", "SELL" ); slPrice = IIf( LastSignal == 1, HighestSince( Buy, Lp ), LowestSince( Short, Hp ) ); initialrisk = IIf( LastSignal == 1, BuyPrice - SLPrice, SLPrice - ShortPrice ); CurrentPL = IIf( LastSignal == 1, C - BuyPrice, SellPrice - C ); BuyPrice=ValueWhen(Buy,O); ShortPrice=ValueWhen(Short,O); entry = IIf( LastSignal == 1, BuyPrice, ShortPrice ); PlotShapes(Buy * shapeUpArrow,colorDarkGreen, 0,L, Offset=-45); PlotShapes(Short * shapeDownArrow,colorDarkRed, 0,H, Offset=-45); bars = LastValue( IIf(BarsSincebuy < BarsSinceshort, BarsSincebuy, BarsSinceshort)); Offset = 15; Clr = IIf(LastValue(LastSignal) == 1, colorGreen, colorRed); if ( ParamToggle( "Message Board ", "Show|Hide", 1 ) ) { GfxSelectFont( "Tahoma", 11, 700 ); GfxSetBkMode( 1 ); GfxSetTextColor( colorWhite ); if ( SelectedValue( LastSignal ) == 1 ) { GfxSelectSolidBrush( colorDarkGreen ); Datetim = "" + ValueWhen( Buy, Day(), 1 ) + "/" + ValueWhen( Buy, Month(), 1 ) + "/" + ValueWhen( Buy, Year(), 1 ) + " " + ValueWhen( Buy, Hour(), 1 ) + ":" + ValueWhen( Buy, Minute(), 1 ); } else { GfxSelectSolidBrush( colorDarkRed ); Datetim = "" + ValueWhen( Short, Day(), 1 ) + "/" + ValueWhen( Short, Month(), 1 ) + "/" + ValueWhen( Short, Year(), 1 ) + " " + ValueWhen( Short, Hour(), 1 ) + ":" + ValueWhen( Short, Minute(), 1 ); } pxHeight = Status( "pxchartheight" ) ; xx = Status( "pxchartwidth" ); Left = 1100; width = 310; x = 1.5; x2 = 250; y = pxHeight / 1; GfxSelectPen( colorLightBlue, 1 ); GfxRoundRect( x, y - 105, x2, y , 7, 7 ) ; GfxTextOut( ( "NIFTY SUPERTREND SYSTEM" ), 25, y - 105 ); GfxTextOut( ( "Last Signal" ), 10, y - 65 ) ; GfxTextOut( ( ": " + Datetim ), 115, y - 65 ) ; GfxTextOut( ( "" + sig + " Entry @" ), 10, y - 45 ); GfxTextOut( ( ": " + entry ), 110, y - 45 ); GfxTextOut( ( "Current P/L" ), 10, y - 25 ); GfxTextOut( ( ": " + WriteVal( IIf( sig == "BUY", ( C - entry ), ( entry - C ) ), 2.2 ) ), 110, y - 25);; x = 290; x2 = 500; } _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,colorDarkGreen,colorDarkRed); GfxSetTextColor(gfxpcolor); //GfxSetTextColor( colorWhite ); GfxTextOut( "L.T.P. " + C + " ", cx, cy ); _SECTION_END(); _SECTION_BEGIN("trend"); uptrend= Signal(29)<MACD(13); downtrend= Signal(29)>MACD(13); Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon", IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */ styleOwnScale|styleArea|styleNoLabel, -0.5, 100 ); _SECTION_END();
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Why the name Nifty Super Trend,
As it works for any given symbol
Just one doubt if you can clarify
I think ATR period 800 is too high