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Automatic Fibonacci Levels for Amibroker (AFL)
Rating:
3 / 5 (Votes 8)
Tags:
amibroker, fibonacci
This formula automatically finds the fibonacci levels on a stock chart and plots them.
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Indicator / Formula
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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 | _SECTION_BEGIN("Automatic Fib Levels"); /*--------------------------------------------------- Automatic Fib Levels Aron Pipa, December, 11, 2005 modified by Kook 30 December 2005 --------------------------------------------------------*/GraphXSpace=2; Plot(C,"", colorWhite,styleCandle); // Get values for fib levels StartBar=SelectedValue(BarIndex()); FinishBar = EndValue( BarIndex() ); i = startbar; period = FinishBar - StartBar; Lo =LLV(L,period); Hi = HHV(H,period); Line0 = 0; Line1 = 0; Line2 = 0; Line3 = 0; Line4 = 0; Line5 = 0; Line6 = 0; Line100 = 0; for( i = startbar; i < finishbar; i++ ) { if(EndValue(C)<SelectedValue(C)) { Line0 = EndValue(Lo); Line100 = EndValue(Hi); Line1 = Line0 + abs(Line100-Line0)*0.382; Line2 = Line0 + abs(Line100-Line0)*0.5; Line3 = Line0 + abs(Line100-Line0)*0.618; Line4 = Line0 + abs(Line100-Line0)*0.786; Line5 = Line0 + abs(Line100-Line0)*1.618; Line6 = Line0 + abs(Line100-Line0)*2.618; } else{ Line100 = EndValue(Lo); Line0 = EndValue(Hi); Line1 =Line0 - abs(Line100-Line0)*0.382; Line2 = Line0 - abs(Line100-Line0)*0.5; Line3 = Line0 - abs(Line100-Line0)*0.618; Line4 = Line0 - abs(Line100-Line0)*0.786; Line5 = Line0 - abs(Line100-Line0)*1.618; Line6 = Line0 - abs(Line100-Line0)*2.618; } } // external fib lines begining fom selecetdbarindex() fib0= LineArray(startbar, Line0, finishbar, Line0, 0, 1); fib100 = LineArray(startbar, Line100, finishbar, Line100, 0, 1); // depth of middle lines n= round((finishbar-startbar)/2); // middle lines fib1= LineArray((finishbar-n), Line1, finishbar, Line1, 0, 1); fib2= LineArray((finishbar-n), Line2, finishbar, Line2, 0, 1); fib3= LineArray((finishbar-n), Line3, finishbar, Line3, 0, 1); fib4= LineArray((finishbar-n), Line4, finishbar, Line4, 0, 1); fib5= LineArray((finishbar-n), Line5, finishbar, Line5, 0, 1); fib6= LineArray((finishbar-n), Line6, finishbar, Line6, 0, 1); Plot(fib0,"", colorWhite); Plot(fib100,"", colorRed); Plot(fib1,"38.6%=", colorOrange); Plot(fib2,"50%=", colorPink); Plot(fib3,"61.8%=", colorPaleGreen); Plot(fib4,"78.6%=", colorYellow); Plot(fib5,"161.8%=", colorSkyblue); //Plot(fib6,"", colorPink); Title = Name() + " - Auto FIB LEVELS "+"\n"+EncodeColor(colorOrange)+"38.6% = "+line1 +"\n"+EncodeColor(colorPink)+"50% = "+line2 +"\n"+EncodeColor(colorPaleGreen)+"61.8% = "+line3 +"\n"+EncodeColor(colorYellow)+"78.6% = "+line4 +"\n"+EncodeColor(colorSkyblue)+"161.8%= "+line5 +"\n ";_SECTION_END(); |
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well enough .
Good jobs and well done.
Many thanks