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Modified SH's 315 Strategy with landis for Amibroker (AFL)
Rating:
3 / 5 (Votes 3)
Tags:
ambroker
This indicator can be used for intraday and position calls
This is the modified code of SH’315+Landis.
usage
Intraday position with 1, 5 and 15 min.
Positional call with 1 hour chart.
how to read the charts.
Blue color “River” indicates the trend of the market.
Red color side bay is sell call
Green color side bay is for buy call.
Buy and sell call also has alert and you can sell at short or cover or continue to switch the call as the alert indication.
you can modify H,L MA according to your comfort from 15 , 20 or 25
Do backtest and let me know.
regards
kantha
Screenshots
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("LANDIS Color Modified");
x = MA(C,3);
y = MA(H,20);
Z = MA(L,20);
Plot(x,"LANDIS", IIf(x > Ref(x,-1), colorGreen,colorRed), styleThick);
Plot(Y,"3-Week", IIf(y > Ref(y,-1), colorGreen,colorRed), styleThick);
Plot(Z,"3-Week", IIf(Z > Ref(Z,-1), colorGreen,colorRed), styleThick);
Cond1= Graph0<Graph1 AND Graph0 > Ref (Graph0,-1);
Cond2= Graph0>Graph1 AND Graph0 < Ref (Graph0,-1);
Cond3= Graph0>Graph2 AND Graph0 < Ref (Graph0,-1);
colore= IIf(Cond1,colorBrightGreen,IIf(Cond2,colorRed,0));
//colore= IIf(Cond3,colorYellow,IIf(Cond2,colorRed,0));
PlotShapes(shapeHollowSmallCircle*Cond1,Colore,0,Graph0,-6);
PlotShapes(shapeHollowSmallCircle*Cond2,Colore,0,Graph0,6);
PlotShapes(shapeHollowSmallCircle*Cond3,Colore,0,Graph0,6);
Buy= Cross (x,Y);
Short= Cross (Y,x);
Cover= Cross (x,Z);
Sell= Cross (Z,x);
Buy=ExRem(Buy,Short); Sell=ExRem(Sell,Cover);
// Plotting shapes;
shape = Buy * shapeUpArrow + Short * shapeDownArrow;
shape = Sell * shapeUpArrow + Cover * shapeDownArrow;
PlotShapes(shapeUpArrow*Buy,colorWhite);
PlotShapes(shapeDownArrow*Cover,colorYellow);
PlotShapes(shapeUpArrow*Short,colorBlack);
PlotShapes(shapeDownArrow*Sell,colorGreen);
if (SelectedValue(Buy)==1) Say("Market Going Up");
if (SelectedValue(Sell)==1) Say("Market Going down");
//PlotOHLC( x, x, y, y, "", IIf( x > Y, colorGreen, colorBlack),styleNoLabel|styleCloud );
PlotOHLC( Z, Z, Y, Y, "", IIf( Z > Y, colorRed, colorBlue),styleNoLabel|styleCloud );
PlotOHLC( x, x, Y, Y, "", IIf( x > Y, colorGreen, colorRed),styleNoLabel|styleCloud );
PlotGrid(40, colorLightGrey);
PlotGrid(80, colorLightGrey);
GraphXSpace=5;
_SECTION_END();
_SECTION_BEGIN("Magfied Market Price");
//Magfied Market Price
FS=Param("Font Size",30,11,100,1);
GfxSelectFont("Times New Roman", FS, 700, True );
GfxSetBkMode( colorWhite );
GfxSetTextColor( ParamColor("Color",colorGreen) );
Hor=Param("Horizontal Position",800,1,1200,1);
Ver=Param("Vertical Position",12,1,830,1);
GfxTextOut(""+C, Hor , Ver );
YC=TimeFrameGetPrice("C",inDaily,-1);
DD=Prec(C-YC,2);
xx=Prec((DD/YC)*100,2);
GfxSelectFont("Times New Roman", 15, 700, True );
GfxSetBkMode( colorBlack );
GfxSetTextColor(ParamColor("Color",colorYellow) );
GfxTextOut(""+DD+" ("+xx+"%)", Hor , Ver+45 );
_SECTION_END();1 comments
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What would you suggest? Can it be used effectively in the crude oil market?