WiseStockTrader.com Trading Program Listings
Indicators
Submit New Indicator
All Amibroker (AFL) Metastock eSignal (EFS) NinjaTrader
Function Index
Paste Bin
Register
Login

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 ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Retracement Pivot system for Amibroker (AFL)
ameheta
over 9 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 7)
Tags:
trading system, amibroker, pivots

This system is based on daily retacement. Read the code you get it.

I am attaching aurobindopharma result.

This is only for education. Before trying to real market test it yourself.

Screenshots

Indicator / Formula

Indicator
Copy & Paste Friendly
?
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
_SECTION_BEGIN("Multi Retra Pivots");
//chart colors
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle |ParamStyle("Style") | GetPriceStyle() );
 
T_F =ParamList("Pivot T_F","iDay|Hourly|2_Hrs|3_Hrs|4_Hrs|EOD|Weekly|Monthly");
 
if (T_F=="iDay")
{
H_1 = TimeFrameGetPrice( "H", inDaily, -1 );
L_1 = TimeFrameGetPrice( "L", inDaily, -1 );
H_2 = TimeFrameGetPrice( "H", inDaily, -2 );
L_2 = TimeFrameGetPrice( "L", inDaily, -2 );
H_3 = TimeFrameGetPrice( "H", inDaily, -3 );
L_3 = TimeFrameGetPrice( "L", inDaily, -3 );
}
else if (T_F == "Hourly")
{
H_1 = TimeFrameGetPrice( "H", inHourly, -1 );
L_1 = TimeFrameGetPrice( "L", inHourly, -1 );
H_2 = TimeFrameGetPrice( "H", inHourly, -2 );
L_2 = TimeFrameGetPrice( "L", inHourly, -2 );
H_3 = TimeFrameGetPrice( "H", inHourly, -3 );
L_3 = TimeFrameGetPrice( "L", inHourly, -3 );
}
else if (T_F == "2_Hrs")
{
H_1 = TimeFrameGetPrice( "H", inHourly*2, -1 );
L_1 = TimeFrameGetPrice( "L", inHourly*2, -1 );
H_2 = TimeFrameGetPrice( "H", inHourly*2, -2 );
L_2 = TimeFrameGetPrice( "L", inHourly*2, -2 );
H_3 = TimeFrameGetPrice( "H", inHourly*2, -3 );
L_3 = TimeFrameGetPrice( "L", inHourly*2, -3 );
}
else if (T_F == "3_Hrs")
{
H_1 = TimeFrameGetPrice( "H", inHourly*3, -1 );
L_1 = TimeFrameGetPrice( "L", inHourly*3, -1 );
H_2 = TimeFrameGetPrice( "H", inHourly*3, -2 );
L_2 = TimeFrameGetPrice( "L", inHourly*3, -2 );
H_3 = TimeFrameGetPrice( "H", inHourly*3, -3 );
L_3 = TimeFrameGetPrice( "L", inHourly*3, -3 );
}
else if (T_F == "4_Hrs")
{
H_1 = TimeFrameGetPrice( "H", inHourly*4, -1 );
L_1 = TimeFrameGetPrice( "L", inHourly*4, -1 );
H_2 = TimeFrameGetPrice( "H", inHourly*4, -2 );
L_2 = TimeFrameGetPrice( "L", inHourly*4, -2 );
H_3 = TimeFrameGetPrice( "H", inHourly*4, -3 );
L_3 = TimeFrameGetPrice( "L", inHourly*4, -3 );
}
else if (T_F == "EOD")
{
H_1 = TimeFrameGetPrice( "H", inDaily, 0 );
L_1 = TimeFrameGetPrice( "L", inDaily, 0 );
H_2 = TimeFrameGetPrice( "H", inDaily, -1 );
L_2 = TimeFrameGetPrice( "L", inDaily,-1 );
H_3 = TimeFrameGetPrice( "H", inDaily, -2 );
L_3 = TimeFrameGetPrice( "L", inDaily,-2 );
}
else if (T_F == "Weekly")
{
H_1 = TimeFrameGetPrice( "H", inWeekly, -1 );
L_1 = TimeFrameGetPrice( "L", inWeekly, -1 );
H_2 = TimeFrameGetPrice( "H", inWeekly, -2 );
L_2 = TimeFrameGetPrice( "L", inWeekly, -2 );
H_3 = TimeFrameGetPrice( "H", inWeekly, -3 );
L_3 = TimeFrameGetPrice( "L", inWeekly, -3 );
}
else if (T_F == "Monthly")
{
H_1 = TimeFrameGetPrice( "H", inMonthly, -1 );
L_1 = TimeFrameGetPrice( "L", inMonthly, -1 );
H_2 = TimeFrameGetPrice( "H", inMonthly, -2 );
L_2 = TimeFrameGetPrice( "L", inMonthly, -2 );
H_3 = TimeFrameGetPrice( "H", inMonthly, -3 );
L_3 = TimeFrameGetPrice( "L", inMonthly, -3 );
}
 
// To calculate the Pivot Levels for last trading day
 
R = H_1 - L_1; // Range
MID = (H_1 + L_1) / 2;
H1 = L_1 + R*0.62;
L1 = L_1 + R*0.38;
H2 = H_1;
L2 = L_1;
H3 = H_1 + R*0.38;
L3 = L_1 - R*0.38;
H4 = H_1 + R*0.62;
L4 = L_1 - R*0.62;
H5 = H_1 + R;
L5 = L_1 - R;
 
// To calculate the Pivot Levels for previous trading session
LASTR = H_2 - L_2; // LAST Range
LASTMID = (H_2 + L_2) / 2;
LASTH1 = L_2 + LASTR*0.62;
LASTL1 = L_2 + LASTR*0.38;
LASTH2 = H_2;
LASTL2 = L_2;
LASTH3 = H_2 + LASTR*0.38;
LASTL3 = L_2 - LASTR*0.38;
LASTH4 = H_2 + LASTR*0.62;
LASTL4 = L_2 - LASTR*0.62;
LASTH5 = H_2 + LASTR;
LASTL5 = L_2 - LASTR;
 
// To calculate the Pivot Levels for third trading session
 
THRDR = H_3 - L_3; // 3RD Range
THRDMID = (H_3 + L_3) / 2;
THRDH1 = L_3 + THRDR*0.62;
THRDL1 = L_3 + THRDR*0.38;
THRDH2 = H_3;
THRDL2 = L_3;
THRDH3 = H_3 + THRDR*0.38;
THRDL3 = L_3 - THRDR*0.38;
THRDH4 = H_3 + THRDR*0.62;
THRDL4 = L_3 - THRDR*0.62;
THRDH5 = H_3 + THRDR;
THRDL5 = L_3 - THRDR;
 
//Defining TF on charts
procedure AddT_fParam(defaultvalue)
{
global T_F;
T_F = ParamList("Time Frame", List =
"iDay|Hourly|2_Hrs|3_Hrs|4_Hrs|EOD|Weekly|Monthly" , defaultvalue);
 
if(T_F == "iDay") T_F = inDaily;
else if(T_F == "Hourly") T_F = inHourly;
else if(T_F == "2_Hrs") T_F = inHourly*2;
else if(T_F == "3_Hrs") T_F = inHourly*3;
else if(T_F == "4_Hrs") T_F = inHourly*4;
else if(T_F == "EOD") T_F = inDaily;
else if(T_F == "Weekly") T_F = inWeekly;
else if(T_F == "Montly") T_F = inMonthly;
}
 
//  Plot Pivot Levels in the charts
Plot (H5,"H5",ColorRGB(173,255,47),styleSwingDots,styleThick,1);
Plot (H4,"H4",ColorRGB(34,139,87),styleSwingDots,styleThick,1);
Plot (H3,"H3",ColorRGB(85,107,47),styleSwingDots,styleThick,1);
Plot (H2,"H2",ColorRGB(255,0,255),styleDashed,styleThick,1);
Plot (H1,"H1",ColorRGB(255,140,0),styleLine,styleThick,1);
Plot (MID,"MID",ColorRGB(128,0,128),styleLine,styleThick,1);
Plot (L1,"L1",ColorRGB(0,191,255),styleLine,styleThick,1);
Plot (L2,"L2",ColorRGB(0,255,255),styleDashed,styleThick,1);
Plot (L3,"L3",ColorRGB(250,128,144),styleDots,styleThick,1);
Plot (L4,"L4",ColorRGB(255,127,80),styleLine,styleThick,1);
Plot (L5,"L5",ColorRGB(255,215,0),styleLine,styleThick,1);
 
 
CON1 = C> H3;
CON2 = Volume > Ref( Volume, -1 )*1.5;
 
Buy = C> H3;
Sell = Cross( L1, Close ) ;
 
 
_SECTION_END ();

2 comments

1. k3325
over 9 years ago

Hai
Thanks a lot for sharing such a good AFL.
Keep it up.
Can you throw some light , how to use it in a better way and which timeframe should be used.

Report as Spam
2. sanjith456
over 9 years ago

sir pls tell me how to use it sir
where to enter and exit
pls afl looking very promising

Report as Spam

Leave Comment

Please login here to leave a comment.

Back

We try to maintain hiqhest possible level of service - most formulas, oscillators, indicators and systems are submitted by anonymous users. Therefore www.WiseStockTrader.com does not take any responsibility for it's quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify that any information you see on these pages is correct, and is applicable to your particular trade. In no case will www.WiseStockTrader.com be responsible for your trading gains or losses.

News Contact Us Terms and Conditions Privacy Policy