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

Square of 9 for Amibroker (AFL)

Rating:
4 / 5 (Votes 3)
Tags:
amibroker

Square of Nine – Roadmap Charts

To gain an understanding of how these roadmap channels work, read the article here: http://www.tradingfives.com/square-of-nine-in-excel.htm

Thanks also to wavemechanic for his inputs. Used properly, on the basis of a SINGLE bar, Roadmap Charts will produce channels that will pretty much define the overall future trend that can last anything from days to months or beyond.
To use, select the bar that you suspect to be a possible high or low. Decide whether you want a bearish or a bullish channel. Next choose an appropriate “Factor” (try starting with a value of 1) and a “Multiplier.” For tickers that are greater than 3 digits, you may try a Multiplier value of 0.10 and those below 3 digits, a value of 10. Tickers with with just 3 digits, leave the Multiplier at 1. However, there are no absolute rules here and experimentation is strongly encouraged. The Horizontal lines are support/resistance lines while the vertical lines are timing lines. All the lines plotted by this script can extend beyond the last bar. So make sure you have enough blank bars in the right margin (set by Preferences).

Screenshots

Similar Indicators / Formulas

Kavach Of Karna v2
Submitted by hbkwarez over 10 years ago
Advanced Elliott Waves
Submitted by MarcosEn almost 13 years ago
3_6Day GuaiLiLv
Submitted by motorfly almost 13 years ago
Williams Alligator System
Submitted by durgesh1712 about 13 years ago
Interactive Linear Regression Channel
Submitted by InternetWorm almost 13 years ago
*Level Breakout system*
Submitted by Tinych about 13 years ago
You cannot view the code for the following reasons:
  • You must be a member.

1 comments

2. parfumeur

This is the same .afl as:

http://www.wisestocktrader.com/indicators/346-square-of-nine-roadmap-charts

Leave Comment

Please login here to leave a comment.

Back