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 ....
VPA 4.0.afl for Amibroker (AFL)
Rating:
4 / 5 (Votes 9)
Tags:
amibroker, vpa
VPA 4.0 new version from Karthikmarar
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 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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 | /*Volume Price Analysis AFL - VPA Version 4.0 -5-05-2016 Revision Details V-2.0 AFL - fully re written for clarity, Minor bugs removed V-2.1 support AND resistance line added V-2.2 Commentary for support AND resistance line breaks Added. V-2.3 Revision detail- High Volume Lines added V-2.4 Toggle switch for plotting S/R, High Volume AND Trend lines added V-2.5 Bar coloring option included - VSA based OR Trend Based V-3.0 Trend detection Method changed to "Random Walk" V-3.1 exploration Added V-3.2 Bug in Exploration fixed V-4.0 Revamped the formulas for all signals - Especially the No Demand Bar Defn. Reduced unnecessary signals Low volume Test signals formula improved New signal discription for daily signals added like "Move indicates Strength or weakness". Effort up or down failure also added Up and Down Arrows included to indicate change of sentiment.//===================Version V.4.0.0 ======================*///=========================================================================|// VPA Basic Module |//=========================================================================|_SECTION_BEGIN("VPA Basic Module");SetChartOptions(0,chartShowArrows|chartShowDates);gxs=Param("GRAPH spaceing",10,5,50,5); GraphXSpace = gxs; SetChartBkColor(ParamColor("Outer panel",colorBlack)); // color of outer border SetChartBkGradientFill( ParamColor("Inner panel upper",colorBlack),ParamColor("Inner panel lower",colorBlack));//===================== Basic Definitions =======================================volAvg = MA(V,40);volMean = StDev(volAvg,30); volUpBand3 = volAvg + 3*volMean; volUpband2 = volAvg + 2*volMean;; volUpBand1 = volAvg + 1*volMean;; volDnBand1 = volAvg -1*volMean; volDnBand2 = volAvg -2*volMean; midprice = (H+L)/2;spread = (H-L);avgSpread = MA(spread,80);AvgSpreadBar = spread > Avgspread;wideRangeBar = spread>(1.5*avgSpread);narrowRangeBar = spread<(0.7*avgSpread);lowVolume = V<Ref(V,-1) AND V<Ref(V,-2);upBar = C>Ref(C,-1); downBar = C<Ref(C,-1); highVolume = V>Ref(V,-1) AND Ref(V,-1)>Ref(V,-2);closeFactor = C-L;clsPosition = spread/closeFactor;closePosition = IIf(closeFactor=0,avgSpread,clsPosition);Vb = V>volAvg OR V>Ref(V,-1);upClose = C>=((spread*0.7)+L);// close is above 70% of the BardownClose = C<=((spread*0.3)+L);// close is below the 30% of the baraboveClose = C>((spread*0.5)+L);// close is between 50% and 70% of the barbelowClose = C<((spread*0.5)+L);// close is between 50% and 30% of the barmidClose = C>((spread*0.3)+L) AND C<((spread*0.7)+L);// close is between 30% and 70% of the barveryLowClose = closePosition>4;//close is below 25% of the barveryHighClose = closePosition<1.35;// Close is above 80% of the barClosePos = IIf(C<=((spread*0.2)+L),1,IIf(C<=((spread*0.4)+L),2,IIf(C<=((spread*0.6)+L),3,IIf(C<=((spread*0.8)+L),4,5)))); // 1 = downclose, 2 = belowclose, 3 = MidClose, 4 = aboveClose, 5 = UpcloseVolpos = IIf(V>volAvg*2,1,IIf(V>volAvg*1.3,2,IIf(V>volAvg,3,IIf(V<volAvg AND V>volAvg*0.7,4,5)))); //// 1 = Very High, 2 = High, 3 = Above Average, 4 = Less than Average, 5 = LowfreshGndHi = C > HHV(H,5);freshGndLo = C < LLV(L,5);//========================Trend Estimation =========================j=MA(C,5);trendLongTerm = LinRegSlope(j,40) ;trendMediumTerm = LinRegSlope(j,10) ;trendShortTerm = LinRegSlope(j,3);tls=LinRegSlope(j,3);_SECTION_END();//=========================================================================|// Trend Analysis Module |//=========================================================================|_SECTION_BEGIN("Trend Analysis");SetChartOptions(0,chartShowArrows|chartShowDates); minperiodsRWIst = Param ( "Short term Min Periods", 2, 1, 9, 1); maxperiodsRWIst = Param ( "Short term Max Periods", 8, 1, 9, 1); minperiodsRWIlt = Param ( "Long Term Min Periods", 10, 1, 32, 1); maxperiodsRWIlt = Param ( "Long term Max Periods", 40, 1, 64, 1); Ground = RWIHi (minperiodsRWIst, maxperiodsRWIst); Sky = RWILo (minperiodsRWIst, maxperiodsRWIst); j = RWI(minperiodsRWIlt, maxperiodsRWIlt); k = RWI(minperiodsRWIst, maxperiodsRWIst); j2 = RWIHi (minperiodsRWIlt, maxperiodsRWIlt); k2 = RWILo (minperiodsRWIlt, maxperiodsRWIlt); ja = Cross(j,1); // The followign section check the diffeent condition of the RWi above and below zero jb = Cross(1,j); // In oder to check which trend is doing what jc = Cross(-1,j); jd = Cross(j,-1); j2a = Cross(j2,1); j2b = Cross(1,j2); k2a = Cross(k2,1); k2b = Cross(1,k2);//Define the Major, Minor and Immediate trend Sttatusupmajoron = j > 1 AND Ref(ja,-1);upmajoroff = j < 1 AND Ref(jb,-1);upminoron = j2 > 1 AND Ref(j2a,-1);upminoroff = j2 < 1 AND Ref(j2b,-1);dnmajoron = j < -1 AND Ref(jc,-1);dnmajoroff = j > -1 AND Ref(jd,-1);dnminoron = k2 > 1 AND Ref(k2a,-1);dnminoroff = k2 < 1 AND Ref(k2b,-1);upimd = IIf(ground > 1, 1,0);dnimd = IIf(sky > 1, 1, 0);upmajor = IIf(j>1,1,IIf(j<(-1),-1,0));upminor = IIf(j2>1,1,-1);dnminor = IIf(k2>1,1,-1);_SECTION_END();//======================================================================|// VSA Signal generation |//======================================================================| _SECTION_BEGIN("Signal Generation");upThrustBar = wideRangeBar AND downClose AND upimd==1 AND H>Ref(H,-1);//WRB and UHS and Fresh Groundnut = wideRangeBar AND downClose AND freshGndHi AND HighVolume;// NEW SIGNALbc = wideRangeBar AND aboveclose AND V == HHV(V,60) AND upmajor==1;// NEW SIGNALupThrustBar = wideRangeBar AND (ClosePos==1 OR ClosePos==2) AND upminor>0 AND H>Ref(H,-1)AND (upimd>0 OR upmajor>0)AND VolPos <4;// after minor up trendupThrustBartrue = wideRangeBar AND ClosePos==1 AND upmajor>0 AND H>Ref(H,-1)AND VolPos <4;//occurs after a major uptrendupThrustCond1 = Ref(upThrustBar,-1) AND downBar AND NOT narrowRangeBar ;upThrustCond2 = Ref(upThrustBar,-1) AND downBar AND VolPos == 2;upThrustCond3 = upThrustBar AND VolPos ==1;topRevBar = Ref(V,-1)>volAvg AND Ref(upBar,-1) AND Ref(wideRangeBar,-1) AND downBar AND downClose AND wideRangeBar AND upmajor>0 AND H==HHV(H,10);PseudoUpThrust = Ref(upBar,-1) AND H>Ref(H,-1) AND Ref(V,-1)>1.5*volAvg AND downBar AND downClose AND NOT upThrustBar;pseudoUtCond = Ref(PseudoUpThrust,-1) AND downBar AND downClose AND NOT upThrustBar;trendChange = Ref(upBar,-1) AND H==HHV(H,5)AND downBar AND (downClose OR midClose) AND V>volAvg AND upmajor>0 AND upimd>0 AND NOT wideRangeBar AND NOT PseudoUpThrust ;noDemandBarUt = upBar AND narrowRangeBar AND lowVolume AND ClosePos> 3 AND ((upminor>0 AND upimd>0) OR (upminor<0 AND upminor>0));//in a up marketnoDemandBarDt = upBar AND narrowRangeBar AND lowVolume AND ClosePos> 3 AND (upminor<=0 OR upimd<=0);// in a down or sidewayss marketnoSupplyBar = downBar AND narrowRangeBar AND lowVolume AND ClosePos<3 AND ((upminor<1 AND upimd<1) OR (upminor>0 AND upimd<1));lowVolTest = L==LLV(L,5) AND upClose AND lowVolume;//lowVolume AND L<Ref(L,-1) AND upClose;lowVolTest1 = L==LLV(L,5) AND V<volAvg AND L<Ref(L,-1) AND upClose AND upminor>0 AND upmajor>0;// AND wideRangeBar;lowVolTest2 = Ref(lowVolTest,-1) AND upBar AND upClose;sellCond1 = (upThrustCond1 OR upThrustCond2 OR upThrustCond3) ;sellCond2 = Ref(sellCond1,-1)==0;sellCond = sellCond1 AND sellCond2;strengthDown0 = upmajor<0 AND VolPos<4 AND Ref(downBar,-1) AND upBar AND ClosePos>3 AND upminor<0 AND upimd<=0;// strength after a long down trendstrengthDown = VolPos<4 AND Ref(downBar,-1) AND upBar AND ClosePos>3 AND upimd<=00 AND upminor<0;// Strength after a down trendstrengthDown1 = upmajor<0 AND V>(volAvg*1.5) AND Ref(downBar,-1) AND upBar AND ClosePos>3 AND upminor<0 AND upimd<=0;//Strength after downtrend . High volumestrengthDown2 = upimd<=0 AND Ref(V,-1)<volAvg AND upBar AND veryHighClose AND VolPos<4;buyCond1 = strengthDown OR strengthDown1;buyCond = upBar AND Ref(buyCond1,-1);stopVolume = L==LLV(L,5) AND (upClose OR midClose) AND V>1.5*volAvg AND upmajor<0;revUpThrust = upmajor<0 AND upBar AND upClose AND V>Ref(V,-1) AND V>volAvg AND wideRangeBar AND Ref(downBar,-1) AND Ref(downClose,-1) AND upminor<0;effortUp = H>Ref(H,-1) AND L>Ref(L,-1) AND C>Ref(C,-1) AND C>=((H-L)*0.7+L) AND spread>avgSpread AND VolPos<4;//AND O<=((H-L)*0.3+L) effortUpfail = Ref(effortUp,-1) AND (upThrustBar OR upThrustCond1 OR upThrustCond2 OR upThrustCond3 OR (downbar AND AvgSpreadBar));effortDown = H<Ref(H,-1) AND L<Ref(L,-1) AND C<Ref(C,-1) AND C<=((H-L)*0.25+L) AND wideRangeBar AND V>Ref(V,-1);//O>=((H-L)*0.75+effortDownFail = Ref(effortDown,-1) AND ((upbar AND AvgSpreadBar) OR revUpThrust OR Buycond1);upflag = (Sellcond OR Buycond OR effortup OR effortupfail OR stopvolume OR effortdown OR effortdownfail OR revupthrust OR noDemandBarDt OR noDemandBarUt OR nosupplyBar OR lowVolTest OR lowVolTest1 OR lowVolTest2 OR bc);bullBar = (V>volAvg OR V>Ref(V,-1)) AND closePosition <2 AND upBar AND NOT upflag;bearBar = vb AND downClose AND downBar AND spread>avgSpread AND NOT upflag ;_SECTION_END();//|============================================================================================|//| TITLE |//|============================================================================================|if( Status("action") == actionIndicator ) (Title = EncodeColor(colorWhite)+ "Volume Price Analysis V.4.0" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) + " - " + Date() +" - " +EncodeColor(colorYellow)+ StrFormat("\nOp %g, Hi %g, Lo %g, Cl %g ", O, H, L, C) + "Volume= "+WriteVal(V)+"--"+EncodeColor(colorYellow)+WriteIf (upThrustBartrue, " An Upthrust Bar. A Sure sign of weakness. ","")+WriteIf (upThrustBar AND NOT upThrustBartrue, " An Upthrust Bar. A sign of weakness. ","")+WriteIf (upThrustCond1, " A downbar after an Upthrust. Confirm weakness. ","")+WriteIf (upThrustCond2 AND NOT upThrustCond1, " A High Volume downbar after an Upthrust. Confirm weakness.","")+WriteIf (upThrustCond3, "This upthrust at very High Voume, Confirms weakness","")+WriteIf (PseudoUpThrust, "Psuedo UpThrust. A Sign of Weakness. ","")+WriteIf (pseudoUtCond, "A Down Bar closing down after a Pseudo Upthrust confirms weakness. ","")+WriteIf (trendChange, "High volume Downbar after an upmove on high volume indicates weakness. ","")+WriteIf (topRevBar, "Top Reversal. Sign of Weakness. ","")+WriteIf (noDemandBarDt, "No Demand. upside unlikely soon ","")+WriteIf (noDemandBarUt, "No Demand in a Uptrend. A sign of Weakness. ","")+WriteIf (noSupplyBar, "No Supply. A sign of Strength. ","")+WriteIf (lowVolTest, "Test for supply. ","")+WriteIf (lowVolTest2, "An upBar closing near High after a Test confirms strength. ","")+WriteIf (lowVolTest1, "Test for supply in a uptrend. Sign of Strength. ","")+WriteIf (strengthDown1, "Strength seen returning after a down trend. High volume adds to strength. ","")+WriteIf (strengthDown0 AND NOT strengthDown, "Strength seen returning after a down trend. ","")+WriteIf (strengthDown AND NOT strengthDown1, "Strength seen returning after a down trend. ","")+WriteIf (buyCond, "Possible end of downtrend and start of uptrend soon ","")+WriteIf (Sellcond, "Possible end of Uptrend and start of Downtrend soon ","")+WriteIf (effortUp, "Effort to Rise. Bullish sign ","")+WriteIf (effortDown, "Effort to Fall. Bearish sign ","")+WriteIf (effortUpfail, "Effort to Move up has failed. Bearish sign ","")+WriteIf (effortDownfail, "Effort to Move Down has failed. Bulish sign ","")+WriteIf (strengthDown2, "High volume upBar closing on the high indicates strength. ","")+WriteIf (stopVolume, "Stopping volume. Normally indicates end of bearishness is nearing. ","")+WriteIf (revUpThrust, "Reverse upthrust. Indicates strength. ","")+WriteIf (BullBar, "Day's Move Indicates strength. ","")+WriteIf (BearBar, "Day's Move Indicates weakness ","")+WriteIf (bc,"Potential Buying climax","")+("\n Volume: ")+WriteIf(V>volAvg*2,EncodeColor(colorGreen)+"Very High",WriteIf(V>volAvg*1.3,EncodeColor(colorGreen)+" High",WriteIf(V>volAvg,EncodeColor(colorGreen)+"Above Average",WriteIf(V<volAvg AND V>volAvg*0.7,EncodeColor(colorRed)+"Less than Average",WriteIf(V<volDnBand1,"Low","")))))+(EncodeColor(colorYellow)+" Spread: ")+WriteIf(spread >(avgSpread*1.5),EncodeColor(colorGreen)+" Wide",WriteIf(spread>avgSpread,EncodeColor(colorGreen)+" Above Average",EncodeColor(colorRed)+WriteIf((spread < avgSpread AND spread >= (AvgSpread*0.7)),"Below Average",WriteIf(spread < AvgSpread*0.5,EncodeColor(colorRed)+"Very Narrow"," Narrow"))))+(EncodeColor(colorYellow)+" Close: ")+WriteIf(ClosePos==5,EncodeColor(colorGreen)+"High",WriteIf(ClosePos==4,EncodeColor(colorGreen)+"Upper side",WriteIf(ClosePos==3,EncodeColor(colorYellow)+"Mid",WriteIf(ClosePos==2,EncodeColor(colorRed)+"Lower Side","Low"))))+ EncodeColor(colorYellow)+("\n Major Trend: ")+WriteIf(upmajor==1,EncodeColor(colorGreen)+"Major Trend UP",WriteIf(upmajor== -1,EncodeColor(colorRed)+"Major Trend Down",EncodeColor(colorYellow)+"No Trend"))+WriteIf(upmajoroff,EncodeColor(colorRed)+" Major UpTrend Ended",WriteIf(dnmajoroff,EncodeColor(colorGreen)+" Major Down Trend Ended","" ))+EncodeColor(colorYellow)+("\n Minor Trend: ")+WriteIf(upminor==1,EncodeColor(colorGreen)+"Minor trend up",WriteIf(dnminor==1,EncodeColor(colorRed)+"Minor Trend Down",EncodeColor(colorYellow)+"No Trend"))+EncodeColor(colorYellow)+("\n Immediate Trend: ")+WriteIf(upimd==1,EncodeColor(colorGreen)+"Immediate trend up",WriteIf(dnimd==1,EncodeColor(colorRed)+"Immediate Trend Down",EncodeColor(colorYellow)+"No Trend")));_SECTION_END();//====================================================================================|// Plotting Module |//====================================================================================|_SECTION_BEGIN("Plotting");//Bar coloring formula 1 _ Preferred - Based on VSA StrengthVscolor=IIf(lowVolTest,colorTurquoise,IIf(lowVolTest2,colorPink,IIf(bc,colorDarkRed ,IIf(upThrustBar,colorYellow ,IIf(bullbar,colorLime ,IIf(bearbar,colorRed,IIf(noDemandBarUT OR noDemandBarDt,colorWhite ,IIf(noSupplyBar,colorCustom12,IIf(upbar,colorGreen,IIf(downbar,colorOrange,colorBlue))))))))));//Bar coloring formula 2 _ Based on Trend Trcolor=IIf(trendShortTerm>0 AND trendMediumTerm>0 AND trendLongTerm>0,colorLime,IIf(trendShortTerm>0 AND trendMediumTerm>0 AND trendLongTerm<0,colorGreen,IIf(trendShortTerm>0 AND trendMediumTerm<0 AND trendLongTerm<0,colorPaleGreen,IIf(trendShortTerm<0 AND trendMediumTerm<0 AND trendLongTerm<0,colorRed,IIf(trendShortTerm<0 AND trendMediumTerm>0 AND trendLongTerm>0,colorPaleGreen,IIf(trendShortTerm<0 AND trendMediumTerm<0 AND trendLongTerm>0,colorOrange,colorBlue))))));//Bar coloring formula 3 _ Marar Histogram Vlp=Param("Volume lookback period",150,20,300,10);Vrg=MA(V,Vlp);// average volumerg=(H-L);arg=Wilders(rg,30);Vh=V>Ref(V,-1) AND Ref(V,-1)>Ref(V,-2);Cloc=C-L;x=(H-L)/Cloc;x1=IIf(Cloc=0,arg,x);Vb=V>Vrg OR V>Ref(V,-1);ucls=x1<2;dcls=x1>2;mcls=x1<2.2 AND x1>1.8 ;Vlcls=x1>4;Vhcls=x1<1.35;upbar=C>Ref(C,-1); dnbar=C<Ref(C,-1); CloseUp = C>Ref(C,-1);Closedn = C<Ref(C,-1);VolUp = V>Ref(V,-1);VolDn = V<Ref(V,-1);bb1 = upbar AND CloseUp AND ucls AND L>Ref(L,-1);bb2 = upbar AND VolUp;bb3 = dnbar AND CloseDn AND VolDn;bb4 = dnbar AND CloseDn AND C>Ref(L,-1);db1 = dnbar AND CloseDn AND dcls;db2 = dnbar AND VolUp ;db3 = upbar AND CloseDn AND VolUp;db4 = upbar AND CloseDn AND C<Ref(L,-1) AND dcls;db5 = upbar AND CloseUp AND ucls AND L<Ref(L,-1);db6 = upbar AND CloseUp AND dcls;bb=(bb1 OR bb2 OR bb3 OR bb4);db=(db1 OR db2 OR db3 OR db4 OR db5 OR db6);Mcolor = IIf(bb AND tls>0, colorLime,IIf(db AND tls<0,colorRed,colorWhite)) ; //WriteVal(tls);//------------------------------------------------------------------------------------------SelectedIndicator = ParamList( "Chart Coloring", "VSA Based,Trend Based,Marar Trend Based", 1 );switch ( SelectedIndicator ){case "VSA Based":PlotOHLC( Open, High, Low, Close, "", VScolor, styleBar |styleThick );break;case "Trend Based":PlotOHLC( Open, High, Low, Close, "", Trcolor, styleBar |styleThick );break;case "Marar Trend Based":PlotOHLC( Open, High, Low, Close, "", Mcolor, styleBar |styleThick );//Plot(C,"",Mcolor,styleCandle);break;}//=============================== PLOT SHAPES SECTION============================PlotShapes(shapeSmallDownTriangle*(upThrustBar OR upThrustBartrue ) , colorDarkRed, 0, H, -20 );PlotShapes(shapeHollowSmallDownTriangle*(upThrustBar OR upThrustBartrue ) , colorRed, 0, H, -20 );PlotShapes(shapeSmallDownTriangle*(upThrustcond1 OR upThrustcond2 ) , colorRed, 0, H, -20 );PlotShapes(shapeHollowSmallDownTriangle*(upThrustcond1 OR upThrustcond2 ) , colorWhite, 0, H, -20 );PlotShapes(shapeSmallCircle*topRevBar, colorBlue, 0, H, 30 );PlotShapes(shapeSmallSquare*(PseudoUpThrust) , colorBlue, 0, H, 10 );PlotShapes(shapeSmallDownTriangle*(pseudoUtCond) , colorBlue, 0, H, -20 );PlotShapes(shapeSmallDownTriangle*trendChange , colorYellow, 0, H, -20 );PlotShapes(shapeHollowSmallDownTriangle*trendChange , colorRed, 0, H, -20 );PlotShapes(shapeSmallSquare*noDemandBarUt, colorOrange, 0, H, 15);PlotShapes(shapeHollowSmallSquare*noDemandBarUt, colorYellow, 0, H, 15);PlotShapes(shapeSmallSquare*(noDemandBarDt) , colorOrange, 0, H, 15 );PlotShapes(shapeHollowSmallSquare*noDemandBarDt, colorYellow, 0, H, 15);PlotShapes(shapeSmallSquare*noSupplyBar, colorBlue, 0, L, -20 );PlotShapes(shapeHollowSmallSquare*noSupplyBar, colorLightBlue, 0, L, -20 );PlotShapes(shapeSmallSquare*lowVolTest, colorCustom12, 0, L, -20);PlotShapes(shapeSmallUpTriangle*lowVolTest2, colorYellow, 0, L, -10 );PlotShapes(shapeSmallUpTriangle*strengthDown, colorDarkGreen, 0, L, -20 );PlotShapes(shapeHollowSmallUpTriangle*strengthDown, colorLime, 0, L, -20 );PlotShapes(shapeSmallUpTriangle*strengthDown2, colorViolet, 0, L, -30 );PlotShapes(shapeHollowSmallUpTriangle*strengthDown2, colorCustom12, 0, L, -30 );PlotShapes(shapeSmallCircle*stopVolume, colorGreen,0, L, -10 );PlotShapes(shapeHollowSmallCircle*stopVolume, colorYellow, 0, L, -10 );PlotShapes(shapeSmallSquare*revUpThrust, colorYellow, 0, L, -20 );PlotShapes(shapeSmallCircle*effortUp, colorLime, 0, midprice, 0 );PlotShapes(shapeSmallCircle*effortUpFail, colorRed, 0, H, 10 );PlotShapes(shapeHollowSmallCircle*effortUpFail, colorWhite, 0, H, 10 );PlotShapes(shapeSmallCircle*effortDown, colorOrange, 0, midprice, 0 );PlotShapes(shapeSmallCircle*effortDownFail, colorRed, 0, L, -10 );PlotShapes(shapeHollowSmallCircle*effortDownFail, colorWhite, 0, L, -10 );PlotShapes(shapeUpArrow*buyCond, colorGreen, 0, L, -20 );PlotShapes(shapeDownArrow*Sellcond, colorOrange, 0, H, -40 );PlotShapes(shapeSmallDownTriangle*(nut) , colorLime, 0, H, -40 );PlotShapes(shapeSmallDownTriangle*(bc ) , colorDarkRed, 0, H, -20 );_SECTION_END();//====================================================================================|// Commentry Module |//====================================================================================|_SECTION_BEGIN("Commentary");Vpc= upThrustBartrue OR upThrustCond1 OR upThrustCond2 OR upThrustCond3 OR strengthDown0 OR strengthDown1 OR strengthDown2 ORstrengthDown OR lowVolTest1 OR pseudoUtCond OR lowVolTest2 OR PseudoUpThrust OR pseudoUtCond OR noDemandBarUt OR stopVolume OR trendChange OR buyCond OR noSupplyBar;if( Status("action") == actionCommentary ) printf ( "==================== Volume Price Analysis V.4.0 ====================\n");printf ( Name() + " - " + Interval(2) + " - " + Date() + " - " + "\n" + StrFormat("High %g \nLow %g \nOpen %g \nClose %g \nVolume %g ", H, L, O, C, V));WriteIf(Vpc,"====================\nVolume Analysis Commentary:","");WriteIf(upThrustBartrue , "\nUp-thrusts are designed to catch stops and to mislead as many traders as possible. " + "They are normally seen after there has been weakness in the background. The market makers know that the " + "market is weak, so the price is marked up to catch stops, encourage traders to go long in a weak market, " + "AND panic traders that are already Short into covering their very good position.","") +WriteIf(upThrustCond3,"\n This upthrust bar is at high volume. This is a sure sign of weakness. One may even seriously " + "consider ending the Longs AND be ready to reverse","")+WriteIf(upThrustBartrue OR upThrustCond3,"\nAlso note that A wide spread " + "down-bar that appears immediately after any up-thrust, tends to confirm the weakness (the market makers are " + "locking in traders into poor positions). With the appearance of an upthrust you should " + "certainly be paying attention to your trade AND your stops. On many upthrusts you will find that the market will " + "'test' almost immediately.","")+WriteIf(upThrustCond1, "\nA wide spread down bar following a Upthrust Bar. " + "This confirms weakness. The Smart Money is locking in Traders into poor positions","");WriteIf(upThrustCond2 , "\nAlso here the volume is high( Above Average).This is a sure sign of weakness. The Smart Money is " + "locking in Traders into poor positions","")+WriteIf(strengthDown, "\nStrength Bar. The stock has been in a down Trend. An upbar " + "with higher Volume closing near the High is a sign of strength returning. The downtrend is likely to reverse soon. ","")+WriteIf(strengthDown1,"\nHere the volume is very much above average. This makes this indication more stronger. ","")+ WriteIf(buyCond,"\nThe previous bar saw strength coming back. This upbar confirms strength. ","")+WriteIf(PseudoUpThrust,"\nA pseudo Upthrust. This normally appears after an Up Bar with above average volume. This looks like an upthrust bar " + "closing down near the Low. But the Volume is normally Lower than average. this is a sign of weakness.If the Volume is High then weakness " + "increases. Smart Money is trying to trap the retailers into bad position. ","")+WriteIf(pseudoUtCond, "\nA downbar after a pseudo Upthrust Confirms weakness. If the volume is above average the weakness is increased. ","")+WriteIf(lowVolTest1,"\nThe previous bar was a successful Test of supply. The current bar is a upbar with higher volume. This confirms strength","")+WriteIf(lowVolTest2,"\nThe previous bar was a successful Test of supply. The current bar is a upbar with higher volume. This confirms strength","")+WriteIf(trendChange,"\nThe stock has been moving up on high volume. The current bar is a Downbar with high volume. Indicates weakness and probably end of the up move","")+WriteIf(effortUp,"\nEffort to Rise bar. This normally found in the beginning of a Markup Phase and is bullish sign. " + "These may be found at the top of an Upmove as the Smart money makes a last effort to move the price to the maximum","")+WriteIf(effortDown,"\nEffort to Fall bar. This normally found in the beginning of a Markdown phase.","")+WriteIf(noSupplyBar,"\nNo Supply. A no supply bar indicates supply has been removed and the Smart money can markup the price. It is better to wait for confirmation","")+WriteIf(stopVolume,"\nStopping Volume. This will be an downbar during a bearish period closing towards the Top accompanied by High volume. " + "A stopping Volume normally indicates that smart money is absorbing the supply which is a Indication that they are Bullishon the MArket. " + "Hence we Can expect a reversal in the down trend. ","")+WriteIf(noDemandBarUt, "\nNo Demand Brief Description: \n Any up bar which closes in the middle OR Low, especially if the Volume has fallen off, is a potential sign of weakness. " + "Things to Look Out for: \n if the market is still strong, you will normally see signs of strength in the next few bars, which will most probably show itself as a: " + "* Down bar with a narrow spread, closing in the middle OR High. * Down bar on Low Volume.","");_SECTION_END();//====================================================================================|// Support & Resistance Lines |//====================================================================================|_SECTION_BEGIN("RS Lines");// AFL By Karthikmarar// RESISTANCE AND SUPPORT LINES AFL VERSION 2.00// Provids upto total 20 lines. Two Adjustable Parameters. 1) Sensitivity and 2) Number of lines// Depending on the Share Volatility, the Sensitivity Factor can be adjusted// Support Lines are colored Blue and Resistance Line are colored Red.SetChartOptions(0,chartShowArrows|chartShowDates);sr=ParamToggle("Plot Supp/Res lines","No|Yes" ,0);Per=Param("Sensitivity",6,2,15,1);g=Param("No.of Lines",5,1,10,1);x=Cum(1);Pk1=PeakBars(H,per,1)== 0;Tk1=TroughBars(L,per,1)== 0;//peak detectionpx1=LastValue(ValueWhen(pk1,x,1));px2=LastValue(ValueWhen(Pk1,x,2));px3=LastValue(ValueWhen(Pk1,x,3));px4=LastValue(ValueWhen(pk1,x,4));px5=LastValue(ValueWhen(Pk1,x,5));px6=LastValue(ValueWhen(Pk1,x,6));px7=LastValue(ValueWhen(pk1,x,7));px8=LastValue(ValueWhen(Pk1,x,8));px9=LastValue(ValueWhen(Pk1,x,9));px10=LastValue(ValueWhen(Pk1,x,10));//Trough Detectiontx1=LastValue(ValueWhen(Tk1,x,1));tx2=LastValue(ValueWhen(Tk1,x,2));tx3=LastValue(ValueWhen(Tk1,x,3));tx4=LastValue(ValueWhen(Tk1,x,4));tx5=LastValue(ValueWhen(Tk1,x,5));tx6=LastValue(ValueWhen(Tk1,x,6));tx7=LastValue(ValueWhen(Tk1,x,7));tx8=LastValue(ValueWhen(Tk1,x,8));tx9=LastValue(ValueWhen(Tk1,x,9));tx10=LastValue(ValueWhen(Pk1,x,10));//values when Peaks occuredXT1 =LastValue(ValueWhen(pk1,H,1));XT2 =LastValue(ValueWhen(Pk1,H,2));XT3 =LastValue(ValueWhen(Pk1,H,3));XT4 =LastValue(ValueWhen(pk1,H,4));XT5 =LastValue(ValueWhen(Pk1,H,5));XT6 =LastValue(ValueWhen(Pk1,H,6));XT7 =LastValue(ValueWhen(pk1,H,7));XT8 =LastValue(ValueWhen(Pk1,H,8));XT9 =LastValue(ValueWhen(Pk1,H,10));XT10 =LastValue(ValueWhen(Pk1,H,10));//Value when troughs occuredYT1 =LastValue(ValueWhen(tk1,L,1));YT2 =LastValue(ValueWhen(tk1,L,2));YT3 =LastValue(ValueWhen(tk1,L,3));YT4 =LastValue(ValueWhen(tk1,L,4));YT5 =LastValue(ValueWhen(tk1,L,5));YT6 =LastValue(ValueWhen(tk1,L,6));YT7 =LastValue(ValueWhen(tk1,L,7));YT8 =LastValue(ValueWhen(tk1,L,8));YT9 =LastValue(ValueWhen(tk1,L,10));YT10 =LastValue(ValueWhen(tk1,L,10));LastBar = Cum(1) == LastValue(Cum(1));//plot peak linesPlot(IIf(x>px1 AND g>=1 AND sr,XT1,Null),"P1",IIf( LastValue(C)>XT1, colorBlue, colorRed ));Plot(IIf(x>px2 AND g>=2 AND sr,XT2,Null),"P2",IIf( LastValue(C)>XT2, colorBlue, colorRed ));Plot(IIf(x>px3 AND g>=3 AND sr,XT3,Null),"P3",IIf( LastValue(C)>XT3, colorBlue, colorRed ));Plot(IIf(x>px4 AND g>=4 AND sr,XT4,Null),"P4",IIf( LastValue(C)>XT4, colorBlue, colorRed ));Plot(IIf(x>px5 AND g>=5 AND sr,XT5,Null),"P5",IIf( LastValue(C)>XT5, colorBlue, colorRed ));Plot(IIf(x>px6 AND g>=6 AND sr,XT6,Null),"P6",IIf( LastValue(C)>XT6, colorBlue, colorRed ));Plot(IIf(x>px7 AND g>=7 AND sr,XT7,Null),"P7",IIf( LastValue(C)>XT7, colorBlue, colorRed ));Plot(IIf(x>px8 AND g>=8 AND sr,XT8,Null),"P8",IIf( LastValue(C)>XT8, colorBlue, colorRed ));Plot(IIf(x>px9 AND g>=9 AND sr,XT9,Null),"P9",IIf( LastValue(C)>XT9, colorBlue, colorRed ));Plot(IIf(x>px10 AND g>=10 AND sr,XT10,Null),"P10",IIf( LastValue(C)>XT10, colorBlue, colorRed ));//plot Trough linesPlot(IIf(x>tx1 AND g>=1 AND sr,YT1,Null),"T1",IIf( LastValue(C)>YT1, colorBlue, colorRed ));Plot(IIf(x>tx2 AND g>=2 AND sr,YT2,Null),"T2",IIf( LastValue(C)>YT2, colorBlue, colorRed ));Plot(IIf(x>tx3 AND g>=3 AND sr,YT3,Null),"T3",IIf( LastValue(C)>YT3, colorBlue, colorRed ));Plot(IIf(x>tx4 AND g>=4 AND sr,YT4,Null),"T4",IIf( LastValue(C)>YT4, colorBlue, colorRed ));Plot(IIf(x>tx5 AND g>=5 AND sr,YT5,Null),"T5",IIf( LastValue(C)>YT5, colorBlue, colorRed ));Plot(IIf(x>tx6 AND g>=6 AND sr,YT6,Null),"T6",IIf( LastValue(C)>YT6, colorBlue, colorRed ));Plot(IIf(x>tx7 AND g>=7 AND sr,YT7,Null),"T7",IIf( LastValue(C)>YT7, colorBlue, colorRed ));Plot(IIf(x>tx8 AND g>=8 AND sr,YT8,Null),"T8",IIf( LastValue(C)>YT8, colorBlue, colorRed ));Plot(IIf(x>tx9 AND g>=9 AND sr,YT9,Null),"T9",IIf( LastValue(C)>YT9, colorBlue, colorRed ));Plot(IIf(x>tx10 AND g>=10 AND sr,YT10,Null),"T10",IIf( LastValue(C)>YT10, colorBlue, colorRed ));//Crossing Resistance Linesxt1c=Cross(C,xt1);xt2c=Cross(C,xt2);xt3c=Cross(C,xt3);xt4c=Cross(C,xt4);xt5c=Cross(C,xt5);xt6c=Cross(C,xt6);xt7c=Cross(C,xt7);xt8c=Cross(C,xt8);xt9c=Cross(C,xt9);xt10c=Cross(C,xt10);//Breaking support Linesyt1c=Cross(yt1,C);yt2c=Cross(yt2,C);yt3c=Cross(yt3,C);yt4c=Cross(yt4,C);yt5c=Cross(yt5,C);yt6c=Cross(yt6,C);yt7c=Cross(yt7,C);yt8c=Cross(yt8,C);yt9c=Cross(yt9,C);yt10c=Cross(yt10,C);//Resistance approaching ax1=C<xt1 AND C>xt1*0.97;ax2=C<xt2 AND C>xt2*0.97;ax3=C<xt3 AND C>xt3*0.97;ax4=C<xt4 AND C>xt4*0.97;ax5=C<xt5 AND C>xt5*0.97;ax6=C<xt6 AND C>xt6*0.97;ax7=C<xt7 AND C>xt7*0.97;ax8=C<xt8 AND C>xt8*0.97;ax9=C<xt9 AND C>xt9*0.97;ax10=C<xt10 AND C>xt10*0.97;//Support approachingay1=C>yt1 AND C<yt1*1.03;ay2=C>yt2 AND C<yt2*1.03;ay3=C>yt3 AND C<yt3*1.03;ay4=C>yt4 AND C<yt4*1.03;ay5=C>yt5 AND C<yt5*1.03;ay6=C>yt6 AND C<yt6*1.03;ay7=C>yt7 AND C<yt7*1.03;ay8=C>yt8 AND C<yt8*1.03;ay9=C>yt9 AND C<yt9*1.03;ay10=C>yt10 AND C<yt10*1.03;//Resistance lines commentarysrc1=xt1c OR xt2c OR xt3c OR xt4c OR xt5c OR xt6c OR xt7c OR xt8c OR xt9c OR xt10c OR yt1c OR yt2c OR yt3c OR yt4c OR yt5c OR yt6c OR yt7c OR yt8c OR yt9c OR yt10c;src2=ax1 OR ax2 OR ax3 OR ax4 OR ax5 OR ax6 OR ax7 OR ax8 OR ax9 OR ax10 OR ay1 OR ay2 OR ay3 OR ay4 OR ay5 OR ay6 OR ay7 OR ay8 OR ay9 OR ay10;WriteIf(src1 OR src2,"------------------------------------------","");WriteIf(src1 OR src2,"SUPPORT/RESISTANCE COMMENTARY:\n","");WriteIf(xt1c AND V>volAvg,"Resistance at "+xt1+" crossed with high volume.Bullish.",WriteIf(xt1c AND V<volAvg,"Resistance at "+xt1+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt2c AND V>volAvg,"Resistance at "+xt2+" crossed with high volume.Bullish.",WriteIf(xt2c AND V<volAvg,"Resistance at "+xt2+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt3c AND V>volAvg,"Resistance at "+xt3+" crossed with high volume.Bullish.",WriteIf(xt3c AND V<volAvg,"Resistance at "+xt3+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt4c AND V>volAvg,"Resistance at "+xt4+" crossed with high volume.Bullish.",WriteIf(xt4c AND V<volAvg,"Resistance at "+xt4+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt5c AND V>volAvg,"Resistance at "+xt5+" crossed with high volume.Bullish.",WriteIf(xt5c AND V<volAvg,"Resistance at "+xt5+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt6c AND V>volAvg,"Resistance at "+xt6+" crossed with high volume.Bullish.",WriteIf(xt6c AND V<volAvg,"Resistance at "+xt6+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt7c AND V>volAvg,"Resistance at "+xt7+" crossed with high volume.Bullish.",WriteIf(xt7c AND V<volAvg,"Resistance at "+xt7+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt8c AND V>volAvg,"Resistance at "+xt8+" crossed with high volume.Bullish.",WriteIf(xt8c AND V<volAvg,"Resistance at "+xt8+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt9c AND V>volAvg,"Resistance at "+xt9+" crossed with high volume.Bullish.",WriteIf(xt9c AND V<volAvg,"Resistance at "+xt9+" crossed, but volume is less. caution adviced."," "))+WriteIf(xt10c AND V>volAvg,"Resistance at "+xt10+" crossed with High Volume.Bullish.",WriteIf(xt10c AND V<volAvg,"Resistance at "+xt10+" crossed, but volume is less. caution adviced."," "));//Support line breaks CommentaryWriteIf(yt1c AND V>volAvg,"Support at "+yt1+" is broken with high volume.Bearish.",WriteIf(yt1c AND V<volAvg,"Support at "+yt1+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt2c AND V>volAvg,"Support at "+yt2+" is broken with high volume.Bearish.",WriteIf(yt2c AND V<volAvg,"Support at "+yt2+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt3c AND V>volAvg,"Support at "+yt3+" is broken with high volume.Bearish.",WriteIf(yt3c AND V<volAvg,"Support at "+yt3+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt4c AND V>volAvg,"Support at "+yt4+" is broken with high volume.Bearish.",WriteIf(yt4c AND V<volAvg,"Support at "+yt4+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt5c AND V>volAvg,"Support at "+yt5+" is broken with high volume.Bearish.",WriteIf(yt5c AND V<volAvg,"Support at "+yt5+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt6c AND V>volAvg,"Support at "+yt6+" is broken with high volume.Bearish.",WriteIf(yt6c AND V<volAvg,"Support at "+yt6+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt7c AND V>volAvg,"Support at "+yt7+" is broken with high volume.Bearish.",WriteIf(yt7c AND V<volAvg,"Support at "+yt7+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt8c AND V>volAvg,"Support at "+yt8+" is broken with high volume.Bearish.",WriteIf(yt8c AND V<volAvg,"Support at "+yt8+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt9c AND V>volAvg,"Support at "+yt9+" is broken with high volume.Bearish.",WriteIf(yt9c AND V<volAvg,"Support at "+yt9+" is broken, but volume is less. caution adviced."," "))+WriteIf(yt10c AND V>volAvg,"Support at "+yt10+" is broken with high volume.Bearish.",WriteIf(yt10c AND V<volAvg,"Support at "+yt10+" is broken, but volume is less. caution adviced."," "));//Resistance approaching CommentaryWriteIf(ax1 AND tls>0, "Price Approaching resistance at "+xt1+ ". ","")+WriteIf(ax2 AND tls>0, "Price Approaching resistance at "+xt2+ ". ","")+WriteIf(ax3 AND tls>0, "Price Approaching resistance at "+xt3+ ". ","")+WriteIf(ax4 AND tls>0, "Price Approaching resistance at "+xt4+ ". ","")+WriteIf(ax5 AND tls>0, "Price Approaching resistance at "+xt5+ ". ","")+WriteIf(ax6 AND tls>0, "Price Approaching resistance at "+xt6+ ". ","")+WriteIf(ax7 AND tls>0, "Price Approaching resistance at "+xt7+ ". ","")+WriteIf(ax8 AND tls>0, "Price Approaching resistance at "+xt8+ ". ","")+WriteIf(ax9 AND tls>0, "Price Approaching resistance at "+xt9+ ". ","")+WriteIf(ax10 AND tls>0, "Price Approaching resistance at "+xt10+ ". ","");WriteIf(ay1 AND tls<0, "Price Approaching Support at "+yt1+ ". ","")+WriteIf(ay2 AND tls<0, "Price Approaching Support at "+yt2+ ". ","")+WriteIf(ay3 AND tls<0, "Price Approaching Support at "+yt3+ ". ","")+WriteIf(ay4 AND tls<0, "Price Approaching Support at "+yt4+ ". ","")+WriteIf(ay5 AND tls<0, "Price Approaching Support at "+yt5+ ". ","")+WriteIf(ay6 AND tls<0, "Price Approaching Support at "+yt6+ ". ","")+WriteIf(ay7 AND tls<0, "Price Approaching Support at "+yt7+ ". ","")+WriteIf(ay8 AND tls<0, "Price Approaching Support at "+yt8+ ". ","")+WriteIf(ay9 AND tls<0, "Price Approaching Support at "+yt9+ ". ","")+WriteIf(ay10 AND tls<0, "Price Approaching Support at "+yt10+ ". ","");_SECTION_END();//==========================================================================|// Volume Lines Module |//==========================================================================|// AFL Karthikmarar// HIGH VOLUME LINES AFL VERSION 1.00// Provids upto total 20 lines. Number of lines Adjustable from Parameter window_SECTION_BEGIN("High Volume Lines");vr=ParamToggle("Plot High volume lines","No|Yes" ,0);j=Param("No.of High vol Lines",5,1,20,1);k=Param("Volume factor",2,1.5,3,0.5);y=Cum(1);Hk1=V>k*volAvg;//High volume detectionhx1=LastValue(ValueWhen(hk1,y,1));hx2=LastValue(ValueWhen(hk1,y,2));hx3=LastValue(ValueWhen(hk1,y,3));hx4=LastValue(ValueWhen(hk1,y,4));hx5=LastValue(ValueWhen(hk1,y,5));hx6=LastValue(ValueWhen(hk1,y,6));hx7=LastValue(ValueWhen(hk1,y,7));hx8=LastValue(ValueWhen(hk1,y,8));hx9=LastValue(ValueWhen(hk1,y,9));hx10=LastValue(ValueWhen(hk1,y,10));hx11=LastValue(ValueWhen(hk1,y,11));hx12=LastValue(ValueWhen(hk1,y,12));hx13=LastValue(ValueWhen(hk1,y,13));hx14=LastValue(ValueWhen(hk1,y,14));hx15=LastValue(ValueWhen(hk1,y,15));hx16=LastValue(ValueWhen(hk1,y,16));hx17=LastValue(ValueWhen(hk1,y,17));hx18=LastValue(ValueWhen(hk1,y,18));hx19=LastValue(ValueWhen(hk1,y,19));hx20=LastValue(ValueWhen(hk1,y,20));//values when High volume occuredXV1 =LastValue(ValueWhen(hk1,H,1));XV2 =LastValue(ValueWhen(hk1,H,2));XV3 =LastValue(ValueWhen(hk1,H,3));XV4 =LastValue(ValueWhen(hk1,H,4));XV5 =LastValue(ValueWhen(hk1,H,5));XV6 =LastValue(ValueWhen(hk1,H,6));XV7 =LastValue(ValueWhen(hk1,H,7));XV8 =LastValue(ValueWhen(hk1,H,8));XV9 =LastValue(ValueWhen(hk1,H,9));XV10 =LastValue(ValueWhen(hk1,H,10));XV11 =LastValue(ValueWhen(hk1,C,11));XV12 =LastValue(ValueWhen(hk1,C,12));XV13 =LastValue(ValueWhen(hk1,C,113));XV14 =LastValue(ValueWhen(hk1,C,14));XV15 =LastValue(ValueWhen(hk1,C,15));XV16 =LastValue(ValueWhen(hk1,C,16));XV17 =LastValue(ValueWhen(hk1,C,17));XV18 =LastValue(ValueWhen(hk1,C,18));XV19 =LastValue(ValueWhen(hk1,C,19));XV20 =LastValue(ValueWhen(hk1,C,20));LastBar = Cum(1) == LastValue(Cum(1));//plot High Volume linesPlot(IIf(y>hx1 AND j>=1 AND Vr,xv1,Null),"v1",colorYellow);Plot(IIf(y>hx2 AND j>=2 AND Vr,xv2,Null),"v2",colorYellow);Plot(IIf(y>hx3 AND j>=3 AND Vr,xv3,Null),"v3",colorYellow);Plot(IIf(y>hx4 AND j>=4 AND Vr,xv4,Null),"v4",colorYellow);Plot(IIf(y>hx5 AND j>=5 AND Vr,xv5,Null),"v5",colorYellow);Plot(IIf(y>hx6 AND j>=6 AND Vr,xv6,Null),"v6",colorYellow);Plot(IIf(y>hx7 AND j>=7 AND Vr,xv7,Null),"v7",colorYellow);Plot(IIf(y>hx8 AND j>=8 AND Vr,xv8,Null),"v8",colorYellow);Plot(IIf(y>hx9 AND j>=9 AND Vr,xv9,Null),"v9",colorYellow);Plot(IIf(y>hx10 AND j>=10 AND Vr,xv10,Null),"v10",colorYellow);Plot(IIf(y>hx11 AND j>=11 AND Vr,xv11,Null),"v11",colorYellow);Plot(IIf(y>hx12 AND j>=12 AND Vr,xv12,Null),"v12",colorYellow);Plot(IIf(y>hx13 AND j>=13 AND Vr,xv13,Null),"v13",colorYellow);Plot(IIf(y>hx14 AND j>=14 AND Vr,xv14,Null),"v14",colorYellow);Plot(IIf(y>hx15 AND j>=15 AND Vr,xv15,Null),"v15",colorYellow);Plot(IIf(y>hx16 AND j>=16 AND Vr,xv16,Null),"v16",colorYellow);Plot(IIf(y>hx17 AND j>=17 AND Vr,xv17,Null),"v17",colorYellow);Plot(IIf(y>hx18 AND j>=18 AND Vr,xv18,Null),"v18",colorYellow);Plot(IIf(y>hx19 AND j>=19 AND Vr,xv19,Null),"v19",colorYellow);Plot(IIf(y>hx20 AND j>=20 AND Vr,xv20,Null),"v20",colorYellow);_SECTION_END();//============================================================================================================================================================================================_SECTION_BEGIN("Exploration");Lq=V;Lqok=Lq>100000;Filter= (upThrustBar OR upThrustCond2 OR upThrustCond3 OR strengthDown OR strengthDown0 OR strengthDown1 OR strengthDown2 OR effortUp OR effortDown OR stopVolume OR PseudoUpThrust OR pseudoUtCond OR trendChange OR lowVolTest OR lowVolTest1 OR topRevBar OR lowVolTest2 OR buyCond OR noDemandBarUt OR noDemandBarDt OR effortUpfail) AND Lqok;tcolor = IIf(strengthDown OR strengthDown1 OR buyCond, 42, IIf(buycond , colorPaleGreen, IIf(strengthDown2, colorPaleGreen, IIf(upThrustBar OR upThrustCond1 OR sellcond, 33, IIf(upThrustCond2 OR upThrustCond3, 25, IIf(effortUp, colorLime, IIf(effortDown,colorRed, IIf(PseudoUpThrust,33, IIf(pseudoUtCond OR noDemandBarUt,colorOrange, IIf(strengthDown0 OR noSupplyBar OR lowVolTest OR lowVolTest1 OR lowVolTest2,42, IIf(stopVolume OR revUpThrust,42, IIf(upThrustCond1,colorOrange, IIf(trendChange,33,colorBlack))))))))))))); AddTextColumn(WriteIf (upThrustBar, "Sign of weakness. ",WriteIf (upThrustCond1 , "Confirmed weakness. ",WriteIf (upThrustCond2 AND NOT upThrustCond1 , "Confirms weakness.",WriteIf (upThrustCond3 , "Confirms weakness",WriteIf (strengthDown1, "strength returning. ",WriteIf (strengthDown0 AND NOT strengthDown, "strength returning. ",WriteIf (strengthDown AND NOT strengthDown1, "strength returning. ",WriteIf (lowVolTest , "Test for supply. ",WriteIf (lowVolTest2 , "confirms strength. ",WriteIf (buyCond, "Change of sentiment to Positive ",WriteIf (Sellcond, "Change of sentiment to Negative ",WriteIf (PseudoUpThrust, "Sign of Weakness. ",WriteIf (topRevBar, "Top Reversal. Sign of Weakness. ",WriteIf (pseudoUtCond, "Confirms weakness. ",WriteIf (lowVolTest1, "Sign of Strength. ",WriteIf (strengthDown2, "Indicates strength. ",WriteIf (noSupplyBar, "Indicates strength. ",WriteIf (trendChange, "Indicates weakness. ",WriteIf (noDemandBarUt, "A sign of Weakness. ",WriteIf (noDemandBarDT, "A sign of Weakness. ",WriteIf (stopVolume, "End of bearishnees near ",WriteIf (revUpThrust, "End of bearishnees near ",WriteIf (effortUp, "Bullish sign ",WriteIf (effortDown , "Bearish sign ",WriteIf (effortDownfail , "Bullish sign ",WriteIf (effortUpfail, "Bearish sign ","")))))))))))))))))))))))))), "Signal" , 1, colorDefault, tcolor,110);AddTextColumn(WriteIf (upThrustBar, " An Upthrust Bar. ",WriteIf (upThrustCond1, " A downbar after an Upthrust. ",WriteIf (upThrustCond2 AND NOT upThrustCond1, " A High Volume downbar after an Upthrust.",WriteIf (upThrustCond3, "This upthrust at very High Voume.",WriteIf (strengthDown1, "Strength seen returning after a down trend. ",WriteIf (strengthDown0 AND NOT strengthDown, "Strength seen returning after a down trend. ",WriteIf (strengthDown AND NOT strengthDown1, "Strength seen returning after a long down trend. ",WriteIf (lowVolTest , "Test for supply. ",WriteIf (lowVolTest2, "An Upbar after sucessful Test, Confirms strength ",WriteIf (buyCond, "Possible end of downtrend and start of uptrend soon",WriteIf (Sellcond, "Possible end of Uptrend and start of Downtrend soon",WriteIf (PseudoUpThrust, "Psuedo UpThrust. ",WriteIf (topRevBar, "Top Reversal Bar. Caution. The probability of end of the current upmove is High",WriteIf (pseudoUtCond, "A Down Bar closing down after a Pseudo Upthrust. ",WriteIf (lowVolTest1, "Test for supply in a uptrend. ",WriteIf (strengthDown2, "High volume upbar closing on the high. ",WriteIf (trendChange, "High volume Downbar after an upmove on high volume. ",WriteIf (noDemandBarUt, "No Demand in a uptrend. A sign of Weakness. ",WriteIf (noDemandBarDt, "No Demand. Uptrend unlikely soon. ",WriteIf (stopVolume, "Stopping volume. ",WriteIf (noSupplyBar, "No Supply. A sign of strength",WriteIf (revUpThrust, "Reverse UpThrust. ",WriteIf (effortUp, "Effort to Rise. ",WriteIf (effortDown , "Effort to Fall. ",WriteIf (effortUpfail, "Effort to Down up has failed. ",WriteIf (effortUpfail, "Effort to Move up has failed. ","")))))))))))))))))))))))))), "Condition" , 1, colorDefault, tcolor,250); _SECTION_END ();//=========================================================================== |
9 comments
Leave Comment
Please login here to leave a comment.
Back
howto trade in crudeoil,banknifty,stocks
Appreciate the effort that went into this AFL. Thanks.
Appreciate the effort, but is there any explanation on the signal and condition meaning? how to determine when to buy or sell? or this is just a screener?
Appreciate the effort. But no indicator where to buy or sell
Amazing, thank you for this beautiful work this is motivating !
I think this AFL is meant to be a screener, but to try some Buy & Sell signals, just put the following lines at the end of the formula given above.
Of course, you have to remove the “//” in front of the last 2 lines (above) to plot the dashed vertical lines (optional).
Work is awesome. But the user manual must be clearly written. Combined with supertrend indicator can be used for algo trading in 15 min timeframe.
Good work.
Amamzing. Ty for this indicator. This i so helpfull for trendfollowers.