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Candlesticks, Condensed for Amibroker (AFL)
SPASHA
about 10 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
amibroker, exploration

Candlesticks, Condensed

Indicator / Formula

Indicator
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//Candlesticks, Condensed
 
// original written by pasha dave re written by dave in stocks and commodities
 
SegmentCount = 5;
SegmentDivisor = 100 / SegmentCount;
CandleRange = High - Low;
AvgRange = MA( CandleRange, 6 );
RangeMultiplier = CandleRange / AvgRange;
CandleRange /= 100;
 
RangeMultiplier = Min( RangeMultiplier, 1 );
 
HO = round( ( RangeMultiplier * ( High - Open ) / CandleRange ) / SegmentDivisor );
HC = round( ( RangeMultiplier * ( High - Close ) / CandleRange ) / SegmentDivisor );
OL = round( ( RangeMultiplier * ( Open - Low ) / CandleRange ) / SegmentDivisor );
 
DigitMult = SegmentCount + 1;
 
// signature is encoded to fit into integer
CandleSignature = DigitMult * DigitMult * HO + DigitMult * HC + OL;
 
Title = Name() + " " + Date() + " " + StrFormat( "Signature %.0f:%.0f:%.0f", HO, HC, OL );
Plot( C, "Close", colorDefault, styleCandle );
 
Filter = False;
 
// statistics
Pct1P = Pct2P = Pct3P = Pct4P = 0;
Avg1P = Avg2P = Avg3P = Avg4P = 0;
 
// count of occurrence of patterns
Cnt = 0;
 
MaxSegment = SegmentCount * DigitMult * DigitMult + SegmentCount * DigitMult + SegmentCount;
 
if( BarCount > MaxSegment )
{
   // changes over 1..4 periods
   // you can change it to Close - Ref( Close, -1 )
   // to get dollar gains instead of percent changes
     
   Chg1P = ROC( Close, 1 );
   Chg2P = ROC( Close, 2 );
   Chg3P = ROC( Close, 3 );
   Chg4P = ROC( Close, 4 );
 
   // number of times given pattern is followed by UP movement
   Up1P = Up2P = Up3P = Up4P = 0;
   // gain
   Gain1P = Gain2P = Gain3P = Gain4P = 0;
 
   for( i = 0; i < BarCount - 4; i++ )
   {
       sig = CandleSignature[ i ];
        
       if( sig >= 0 && sig <= MaxSegment )
       {
         Cnt[ sig ]++; // increase occurrence counter for given sig
 
         // if change > 0 increase UP counter
       Up1P[ sig ] += Chg1P[ i + 1 ] > 0;        
       // add change to total gain
         Gain1P[ sig ] += Chg1P[ i + 1 ];
           
         Up2P[ sig ] += Chg1P[ i + 2 ] > 0;
         Gain2P[ sig ] += Chg1P[ i + 2 ];
 
         Up3P[ sig ] += Chg1P[ i + 3 ] > 0;
         Gain3P[ sig ] += Chg1P[ i + 3 ];
         Up4P[ sig ] += Chg4P[ i + 1 ] > 0;
         Gain4P[ sig ] += Chg4P[ i + 1 ];
      }
    }
     
 
    for( sig = 0; sig <= MaxSegment; sig++ )
    {
       // if any patterns of given signature were found
      if( Cnt[ sig ] )
      {
          qty = Cnt[ sig ];
          Pct1P[ sig ] = Up1P[ sig ] / qty;
          Pct2P[ sig ] = Up2P[ sig ] / qty;
          Pct3P[ sig ] = Up3P[ sig ] / qty;
          Pct4P[ sig ] = Up4P[ sig ] / qty;
           
          Avg1P[ sig ] = Gain1P[ sig ] / qty;
          Avg2P[ sig ] = Gain2P[ sig ] / qty;
          Avg3P[ sig ] = Gain3P[ sig ] / qty;
          Avg4P[ sig ] = Gain4P[ sig ] / qty;
       }
    }
     
    Filter = Cnt;
}
else
{
    PopupWindow("Not enough bars in " + Name() + " Please select symbols that have more than " +
                MaxSegment + " bars", "Problem" );
}
 
// multiply factors by 100 to get percents
Pct1P *= 100;
Pct2P *= 100;
Pct3P *= 100;
Pct4P *= 100;
     
bi = BarIndex();
Sig1 = bi % DigitMult;
Sig2 = floor( bi / DigitMult ) % DigitMult;
Sig3 = floor( bi / ( DigitMult * DigitMult ) );
     
Signature = 100 * Sig3 + 10 * Sig2 + Sig1;
     
SetOption("NoDefaultColumns", True );
AddTextColumn( Name(), "Symbol" );
AddColumn( Signature, "Signature", 3.0 );
AddColumn( Cnt, "Count", 1.0 );
AddColumn( Pct1P, "Pct1P%", 1.1 );
AddColumn( Pct2P, "Pct2P%", 1.1 );
AddColumn( Pct3P, "Pct3P%", 1.1 );
AddColumn( Pct4P, "Pct4P%", 1.1 );
AddColumn( Avg1P, "Avg1P%", 1.1 );
AddColumn( Avg2P, "Avg2P%", 1.1 );
AddColumn( Avg3P, "Avg3P%", 1.1 );
AddColumn( Avg4P, "Avg4P%", 1.1 );

3 comments

1. val2004
about 10 years ago

hi,can you describe your indicator please with a pict even better

tks

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2. davidalan
about 10 years ago

needs a semicolon end line 69

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3. administrator
about 10 years ago

Thanks davidalan

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