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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Three track for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker
Intraday Trading system
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Indicator / Formula
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//Description //It is useful line Study for intraday treading to decide the strength of a stock. it will divide the stock movement in to three zone. //precises in upper zone indicate bullishness. //precises in middle zone indicate no tread zone(sideways market). //precises in lower zone indicate bearish zone. //Code _SECTION_BEGIN("Three Track"); 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", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); NewDay = Day()!= Ref(Day(), -1); DH = HHV( H, NewDay); DL = LLV(L, NewDay); Plot(DH,"DAY HIGH",colorBlue,ParamStyle("Style"),0,0,0); Plot(DL,"DAY LOW",colorRed,ParamStyle("Style"),0,0,0); R1=((DH-DL)*0.33)+DL; R2=((DH-DL)*0.66)+DL; Plot(R1,"FIBO1",colorYellow,styleDashed,0,0,0); Plot(R2,"FIBO2",colorYellow,styleDashed,0,0,0); _SECTION_END();
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