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 ....
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
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 | 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
Leave Comment
Please login here to leave a comment.
Back
@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 :)