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Swing Trading ST for Amibroker (AFL)
casoni
almost 10 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 7)
Tags:
swing, Gap, amibroker

Hello Everone,

This concept was discussed on Traderji by Smart_Trader

and this concept is coded By Edward Pottasch

Many Many Thanks to Edward Pottasch , for taking out his precious time and coded this concept

for Details about this concept check this
http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading.html

Indicator / Formula

Copy & Paste Friendly
// Edward Pottasch 24dec2014
SetBarsRequired(sbrAll,sbrAll); 
xx=BarIndex();x=xx;Lx=LastValue(x); 
rightStrength=Optimize("R_S",Param("R_S",3,1,50,1) ,1,50,1); 
leftStrength=Optimize("L_S",Param("L_S",3,1,50,1), 1,50,1); 

function pkID(rightStrength,leftStrength) 
{ 
pk=H>Ref(HHV(H,leftStrength),-1) AND H>=Ref(HHV(H,rightStrength),rightStrength); 
return pk; 
} 
function trID(rightStrength,leftStrength) 
{ 
tr=L<Ref(LLV(L,leftStrength),-1) AND L<=Ref(LLV(L,rightStrength),rightStrength); 
return tr; 
} 

pk=pkID(rightStrength,leftStrength); 
tr=trID(rightStrength,leftStrength); 


SetChartBkColor(ColorRGB(0,0,0));SetChartOptions(0 ,chartShowDates); 
SetBarFillColor(IIf(C>O,colorGreen,IIf(C<=O,colorR ed,colorLightGrey))); 
Plot(C,"Price",IIf(C>O,colorDarkGreen,IIf(C<=O,col orDarkRed,colorLightGrey)),64,null,null,0,0,1); 
PlotShapes(shapeSmallCircle*tr,IIf(Lx-ValueWhen(tr,x)>rightStrength,ColorRGB(0,100,0),co lorWhite),0,L,-10); 
PlotShapes(shapeSmallCircle*pk,IIf(Lx-ValueWhen(pk,x)>rightStrength,ColorRGB(255,0,0),co lorWhite),0,H,10); 

pkHigh1=Ref(ValueWhen(pk,H,1),-(rightStrength+1)); 
trLow1=Ref(ValueWhen(Tr,L,1),-(rightStrength+1)); 
pkHigh0=ValueWhen(pk,H,0); 
trLow0=ValueWhen(Tr,L,0); 

upGap=Cross(C,pkHigh1) AND pkHigh1<trLow0; 
dnGap=Cross(trLow1,C) AND trLow1>pkHigh0; 

gapBaseUp=ValueWhen(upGap,pkHigh1); 
gapBaseDn=ValueWhen(dnGap,trLow1); 
gapExtrUp=ValueWhen(upGap,trLow0); 
gapExtrDn=ValueWhen(dnGap,pkHigh0); 

upGapArea=Flip(upGap,dnGap); 
dnGapArea=Flip(dnGap,upGap); 

gapBase=IIf(upGapArea,gapBaseUp,gapBaseDn); 
gapExtr=IIf(upGapArea,gapExtrUp,gapExtrDn); 

Plot(pkHigh1,"",colorBlue,24,Null,Null,0,2,1); 
Plot(trLow1,"",colorRed,24,Null,Null,0,2,1); 
Plot(gapBase,"",colorlightgrey,styledashed,Null,Nu ll,0,2,1); 
Plot(gapExtr,"",colorlightgrey,styledashed,Null,Nu ll,0,2,1); 
PlotOHLC(gapBase,gapBase,gapExtr,gapExtr,"",IIf(ga pExtr>gapBase,colorseaGreen,colorOrange),styleClou d|styleNoRescale,Null,Null,0,-1,1);


strWeekday = StrMid("SunMonTueWedThuFriSat", SelectedValue(DayOfWeek())*3,3);
Title = EncodeColor(colorWhite)+ "Gap _ST style by Edward.P" + " - " + Name() + " - "+ "" + fullName() + " " +
EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +" - " + Date() + " # "+strWeekday + 
StrFormat("\nOp %g, Hi %g, Lo %g, Cl %g, Vol %g", O, H, L, C, V)+
"\nRight Bars: " + rightStrength + 
"\nLeft Bars : " + leftStrength;

//============================================

13 comments

1. pras

please give the link again because above link broken

2. davidalan

7 syntax error ab 5.91 lines 22-27

3. casoni

error due to older version of Amibroker
Try this

Plot(pkHigh1,"",colorBlue,24); 
Plot(trLow1,"",colorRed,24); 
Plot(gapBase,"",colorlightgrey,styledashed); 
Plot(gapExtr,"",colorlightgrey,styledashed); 
PlotOHLC(gapBase,gapBase,gapExtr,gapExtr,"",IIf(gapExtr>gapBase,
colorseaGreen,colorOrange),styleCloud|styleNoRescale);
 
4. davidalan

23 remove space red
24 remove space color
thank you working fine

5. parfumeur

Extra spaces, corrected version placed in [Pastie] section.

6. casoni

No need to use Above formula ,
As updated version of this concept is posted

Here…

7. bsedoha

Please provide the correct Trader ji link.

Thanks in advance

8. bsedoha

@ Casoni,

Is there is anyway by which we can add the buy and sell signal in it ??

Thanks in advance

9. astrosystems

this formula look into the future.

before:

before

after:

after

11. davidalan
Buy = upGap; Sell = dnGap; Buy = ExRem( Buy, Sell ); Sell = ExRem( Sell, Buy ); PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,Low,-25); PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWHITE, 0,High,-25)
12. empottasch

you can’t always immediately say that a code looks into the future without understanding the code. Fractal type pivots always look into the future. That is why you need to wait until a pivot is completed before you can use it. Fractal type pivots are used to bring some structure in the price movement but you can’t buy/short at a fractal low or high as shown in the chart (unless you get lucky). Before a pivot is confirmed you always have to wait rightstrength + 1 bars.

here some code that adds signals (you can also toggle to system type signals):

http://wisestocktrader.com/indicatorpasties/1434-gapfill3b

13. davidalan

Mr Pottasch very solid idea, best programmer,i am a big fan, keep up your get work thanks, wishing you and yours a happy and healthy New Years

14. standris

try this:

// Edward Pottasch 24dec2014
SetBarsRequired(sbrAll,sbrAll); 
xx=BarIndex();x=xx;Lx=LastValue(x); 
rightStrength=Optimize("R_S",Param("R_S",3,1,50,1) ,1,50,1); 
leftStrength=Optimize("L_S",Param("L_S",3,1,50,1), 1,50,1); 

function pkID(rightStrength,leftStrength) 
{ 
pk=H>Ref(HHV(H,leftStrength),-1) AND H>=Ref(HHV(H,rightStrength),rightStrength); 
return pk; 
} 
function trID(rightStrength,leftStrength) 
{ 
tr=L<Ref(LLV(L,leftStrength),-1) AND L<=Ref(LLV(L,rightStrength),rightStrength); 
return tr; 
} 

pk=pkID(rightStrength,leftStrength); 
tr=trID(rightStrength,leftStrength); 


SetChartBkColor(ColorRGB(0,0,0));SetChartOptions(0 ,chartShowDates); 
SetBarFillColor(IIf(C>O,colorGreen,IIf(C<=O,colorRed,colorLightGrey))); 
Plot(C,"Price",IIf(C>O,colorDarkGreen,IIf(C<=O,colorDarkRed,colorLightGrey)),64,null,null,0,0,1); 
PlotShapes(shapeSmallCircle*tr,IIf(Lx-ValueWhen(tr,x)>rightStrength,ColorRGB(0,100,0),colorWhite),0,L,-10); 
PlotShapes(shapeSmallCircle*pk,IIf(Lx-ValueWhen(pk,x)>rightStrength,ColorRGB(255,0,0),colorWhite),0,H,10); 

pkHigh1=Ref(ValueWhen(pk,H,1),-(rightStrength+1)); 
trLow1=Ref(ValueWhen(Tr,L,1),-(rightStrength+1)); 
pkHigh0=ValueWhen(pk,H,0); 
trLow0=ValueWhen(Tr,L,0); 

upGap=Cross(C,pkHigh1) AND pkHigh1<trLow0; 
dnGap=Cross(trLow1,C) AND trLow1>pkHigh0; 

gapBaseUp=ValueWhen(upGap,pkHigh1); 
gapBaseDn=ValueWhen(dnGap,trLow1); 
gapExtrUp=ValueWhen(upGap,trLow0); 
gapExtrDn=ValueWhen(dnGap,pkHigh0); 

upGapArea=Flip(upGap,dnGap); 
dnGapArea=Flip(dnGap,upGap); 

gapBase=IIf(upGapArea,gapBaseUp,gapBaseDn); 
gapExtr=IIf(upGapArea,gapExtrUp,gapExtrDn); 

Plot(pkHigh1,"",colorBlue,24,Null,Null,0,2,1); 
Plot(trLow1,"",colorRed,24,Null,Null,0,2,1); 
Plot(gapBase,"",colorlightgrey,styledashed,Null,Null,0,2,1); 
Plot(gapExtr,"",colorlightgrey,styledashed,Null,Null,0,2,1); 
PlotOHLC(gapBase,gapBase,gapExtr,gapExtr,"",IIf(gapExtr>gapBase,colorseaGreen,colorOrange),styleCloud|styleNoRescale,Null,Null,0,-1,1);


strWeekday = StrMid("SunMonTueWedThuFriSat", SelectedValue(DayOfWeek())*3,3);
Title = EncodeColor(colorWhite)+ "Gap _ST style by Edward.P" + " - " + Name() + " - "+ "" + fullName() + " " +
EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +" - " + Date() + " # "+strWeekday + 
StrFormat("\nOp %g, Hi %g, Lo %g, Cl %g, Vol %g", O, H, L, C, V)+
"\nRight Bars: " + rightStrength + 
"\nLeft Bars : " + leftStrength;

//============================================

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