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#1 Selling Amibroker Plugin featuring:
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PRICE PROJECTION AFL for Amibroker (AFL)
Rating:
3 / 5 (Votes 3)
Tags:
amibroker
Using daily pivot points to estimate future price levels.
Screenshots
Indicator / Formula
Copy & Paste Friendly
ph = TimeFrameGetPrice("H", inDaily, -1 );
pl = TimeFrameGetPrice("L", inDaily, -1 );
pc = TimeFrameGetPrice("C", inDaily, -1 );
PP = ( PH + PL + PC )/3;
R1 = 2 * PP - PL;
R2 = PP + PH - PL;
R3 = R1 + PH - PL;
S1 = 2 * PP - PH;
S2 = 2 * PP - PH - PL;
S3 = S1 - PH - PL;
Plot( C, "Price", colorDefault, styleBar | styleThick );
Plot( PH, "PH", colorGreen, styleNoRescale );
Plot( PL, "PL", colorViolet, styleNoRescale );
Plot( PP, "PP", colorBlack, styleNoRescale );
Plot( R1, "R1", colorBlue, styleDashed | styleNoRescale );
Plot( R2, "R2", colorLightBlue, styleDashed | styleNoRescale );
Plot( R3, "R3", colorAqua, styleDashed | styleNoRescale );
Plot( S1, "S1", colorRed, styleDashed | styleNoRescale );
Plot( S2, "S2", colorOrange, styleDashed | styleNoRescale );
Plot( S3, "S3", colorDarkYellow, styleDashed | styleNoRescale );3 comments
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@SPASHA
Bro two correction in code
replace line 9 and 10 by the following lines
S2 = PP – PH + PL;
S3 = S1 – PH + PL;
u mistaken in mathematical calculations…..
PL UNDERSTAND IT IS WHAT I REQ ,BUT OFFCOUSRE YOUR THOUGHTS MAY DIFFER WITH ME, MEANWHILE THANKS
this afl is from here. direct lift :)
http://www.traders.com/Documentation/FEEDbk_docs/2014/11/TradersTips.html#item6
nothing wrong in lifting afl from public sites, but please do give them their dues/acknowledgement :)