Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
VPA 5.0 | Volume Price Analysis for Amibroker (AFL)
- Facility to plot candle sticks – Various Bar colouring option
- Unique strength Band
- Facility to plot trend Bands
- Facility to plot various EMAs
- A dashboard for Buying and Selling pressure, Effort and Result etc
- Additional helpful signals like two bar reversal
- Facility to draw Volume at Price
- Facility to draw VWAP line
Screenshots
Indicator / Formula
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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. V-5.0 Removed some coding issues Added Two Bar reversals Added Strength Bar Added Dash Board for Buy and Sell Pressure Added Vwap Added 3 pema and 200 ma plotting options Adde additiona; options for plotting Candle sticks and other options for color Added Ribbons for Trend //===================Version V.5.0 ====================== */ //=========================================================================| // 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 ,30); 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 = EMA (spread,40); AvgSpreadBar = spread > Avgspread; //REVIEW wideRangeBar = spread>(1.5*avgSpread); narrowRangeBar = spread<(0.7*avgSpread); lowVolume = V < Ref ( V ,-1) AND V < Ref ( V ,-2) AND V < VolAvg; // Third condition added upBar = C > Ref ( C ,-1); downBar = C < Ref ( C ,-1); highVolume = V > Ref ( V ,-1) AND Ref ( V ,-1)> Ref ( V ,-2); //REVIEW closeFactor = C - L ; clsPosition = spread/(closeFactor+ 1e-9 ); 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 Bar downClose = C <=((spread*0.3)+ L ); // close is below the 30% of the bar aboveClose = C >((spread*0.5)+ L ) ; // close is between 50% and 70% of the bar belowClose = C <((spread*0.5)+ L ); // close is between 50% and 30% of the bar midClose = C >((spread*0.3)+ L ) AND C <((spread*0.7)+ L ); // close is between 30% and 70% of the bar veryLowClose = closePosition>4; //close is below 25% of the bar veryHighClose = closePosition<1.35; // Close is above 80% of the bar ClosePos = 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 = Upclose Volpos = 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 = Low freshGndHi = IIf ( H == HHV ( H ,5),1,0); freshGndLo = IIf ( L == LLV ( L ,5),1,0); //=================New code - FOM ========================= //---------------No Movement Bar-------------------- pm = abs ( Close - Open ); // price move pma = EMA (pm,40); // avg price move Lpm = pm<(0.5*pma); // small price move bw = IIf ( C > O , H - C , H - O ); // wick bwh = bw >= 2*pm; // big wick fom1 = ( Volume > 1.5 * volAvg) AND Lpm; // high volume not able to move the price //---------------Two Bar Revrsal Dowm side-------------------- tbcd = Ref ( C ,-1) < Ref ( C ,-5) AND Ref ( C ,-1) < Ref ( C ,-4) AND Ref ( C ,-1) < Ref ( C ,-3) AND Ref ( C ,-1) < Ref ( C ,-2); //yesterday bar lower than last 4 bars tbc1 = L < Ref ( L ,-1) AND H > Ref ( H ,-1); // today bar shadoes yesterday bar tbc1a = L < Ref ( L ,-1) AND C > Ref ( C ,-1); tbc2 = tbcd ==1 AND tbc1 ==1 AND V > 1.2 * volAvg AND upClose; tbc2a = tbcd ==1 AND tbc1a ==1 AND V > 1.2 * volAvg AND upClose AND NOT tbc1; tbc3 = tbcd ==1 AND tbc1 ==1 AND upClose AND V <= 1.2 *VolAvg; //---------------- Two bar reversal Up sie -------------------- tbcu = Ref ( C ,-1) > Ref ( C ,-5) AND Ref ( C ,-1) > Ref ( C ,-4) AND Ref ( C ,-1) > Ref ( C ,-3) AND Ref ( C ,-1) > Ref ( C ,-2); tbc4 = tbcu ==1 AND tbc1 ==1 AND V > 1.2 * volAvg AND downClose; tbc5 = tbcu ==1 AND tbc1 ==1 AND downClose AND V <= 1.2 * VolAvg; //========================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 - Random Walk Method | //=========================================================================| _SECTION_BEGIN ( "Trend Analysis" ); SetChartOptions (0, chartShowArrows | chartShowDates ); minperiodsRWIst = Param ( "Short term Min Periods" , 2, 1, 7, 1); maxperiodsRWIst = Param ( "Short term Max Periods" , 7, 5, 7, 1); minperiodsRWIlt = Param ( "Long Term Min Periods" , 8, 8, 32, 1); maxperiodsRWIlt = Param ( "Long term Max Periods" , 40, 32, 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 Sttatus upmajoron = j > 1 AND Ref (ja,-1); upmajoroff = j < 1 AND Ref (jb,-1); dnmajoron = j < -1 AND Ref (jc,-1); dnmajoroff = j > -1 AND Ref (jd,-1); upminoron = j2 > 1 AND Ref (j2a,-1); upminoroff = j2 < 1 AND Ref (j2b,-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); WriteVal (upmajor); _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 nut = wideRangeBar AND downClose AND freshGndHi AND HighVolume; // NEW SIGNAL Upthrsut after a short up move bc = wideRangeBar AND aboveclose AND V == HHV ( V ,60) AND upmajor==1; // NEW SIGNAL Nuying Climax upThrustBarA = 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 trend upThrustBartrue = wideRangeBar AND ClosePos==1 AND upmajor>0 AND H > Ref ( H ,-1) AND VolPos <4; //occurs after a major uptrend upThrustCond1 = 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 ==1 AND upimd ==1) OR (upminor ==1 AND upmajor == 1)); //in a up market noDemandBarDt = upBar AND narrowRangeBar AND lowVolume AND ClosePos> 3 AND (upminor == -1 OR upimd == -1); // in a down or sidewayss market noSupplyBar = 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 trend strengthDown = VolPos<4 AND Ref (downBar,-1) AND upBar AND ClosePos>3 AND upimd<=00 AND upminor<0; // Strength after a down trend strengthDown1 = 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 volume strengthDown2 = 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 VolPos<4; //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 ; sc = wideRangeBar AND belowClose AND V == HHV ( V ,60) AND upmajor== -1; // NEW SIGNAL Nuying Climax _SECTION_END (); //|============================================================================================| //| TITLE | //|============================================================================================| if ( Status ( "action" ) == actionIndicator ) ( Title = EncodeColor ( colorWhite )+ "Henry's Analysis" + " - " + 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 )+ ( "\n ALERT: " )+ EncodeColor ( colorRed )+ 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 (Sellcond, "Possible end of Uptrend and start of Downtrend soon. " , "" )+ WriteIf (effortUpfail, "Effort to Move up has failed. Bearish sign. " , "" )+ WriteIf (BearBar, "Day's Move Indicates weakness. " , "" )+ WriteIf (bc, "Potential Buying climax. " , "" )+ WriteIf (effortDown, "Effort to Fall. Bearish sign. " , "" )+ WriteIf (tbc4, "Two Bar Reversal on Higher volume" , "" )+ EncodeColor ( colorLime )+ 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 (effortUp, "Effort to Rise. Bullish 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 (tbc2, "Two Bar Reversal on Higher volume" , "" )+ WriteIf (tbc2a , "Two Bar like Reversal to upside on high volume. " , "" )+ WriteIf (sc, "Possible Selling Climax" , "" )+ EncodeColor ( colorYellow )+ 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 (Fom1, "High Volume unable to move the price. Could be a Supply / Demand Area " , "" )+ WriteIf (tbc3 , "Two Bar Reversal to upside on Low volume. " , "" )+ WriteIf (tbc5, "Two Bar Reversal to Downside on Low volume. " , "" )+ EncodeColor ( colorYellow )+ ( "\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 Strength Vscolor= 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 volume rg=( 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+ 1e-9); x1= IIf (Cloc == 0,arg,x); Vb1 = 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 )) ; bubar = (upbar AND Close > Open AND spread > 0.3 * Avgspread); bebar = (downbar AND Close < Open AND spread > 0.3 * Avgspread); rngbar = ( abs ( C - O ) < 0.2*( H - L )) OR (narrowRangeBar AND abs ( C - O ) < 0.5*( H - L )) ; //Bar coloring formula 4 _ Price Action with Candle pacolor = IIf (rngbar, colorWhite , IIf (bubar, colorLime , IIf (bebar, colorRed , colorBlue ))); //Bar coloring formula 5 _ Back ground Strength //-------------------------- Strength band ---------------------------------------------------- strength = strengthDown OR strengthDown1 OR strengthDown2 OR strengthDown0 OR bullBar OR effortUp OR upBar OR lowVolTest OR lowVolTest1 OR lowVolTest2 OR revUpThrust OR stopVolume; weakness = upThrustBar OR upThrustCond1 OR upThrustCond2 OR upThrustCond3 OR PseudoUpThrust OR pseudoUtCond OR effortDown OR trendChange OR noDemandBarDt OR bearBar OR downBar OR noSupplyBar; strength6 = IIf ( Ref (strength,-5),1, IIf ( Ref (weakness,-5),-1,0)); strength5 = IIf ( Ref (strength,-4),1, IIf ( Ref (weakness,-4),-1,0)); strength4 = IIf ( Ref (strength,-3),1, IIf ( Ref (weakness,-3),-1,0)); strength3 = IIf ( Ref (strength,-2),1, IIf ( Ref (weakness,-2),-1,0)); strength2 = IIf ( Ref (strength,-1),1, IIf ( Ref (weakness,-1),-1,0)); strength1 = IIf (strength,1, IIf (weakness,-1,0)); ConsolStrength = strength1+strength2+strength3+strength4+strength5+strength6; //STrength color stmcolor= IIf (ConsolStrength==6, ColorRGB (0,80,0), IIf (ConsolStrength==5, ColorRGB (0,100,0), IIf (ConsolStrength==4, ColorRGB (0,140,0), IIf (ConsolStrength==3, ColorRGB (0,180,0), IIf (ConsolStrength==2, ColorRGB (0,220,0), IIf (ConsolStrength==1, ColorRGB (0,245,0), IIf (ConsolStrength==0 AND Ref (ConsolStrength,-1)>=0, ColorRGB (0,290,0), IIf (ConsolStrength==0 AND Ref (ConsolStrength,-1)<=0, ColorRGB (260,0,0), IIf (ConsolStrength==-6, ColorRGB (60,0,0), IIf (ConsolStrength==-5, ColorRGB (100,0,0), IIf (ConsolStrength==-4, ColorRGB (140,0,0), IIf (ConsolStrength==-3, ColorRGB (180,0,0), IIf (ConsolStrength==-2, ColorRGB (220,0,0), IIf (ConsolStrength==-1, ColorRGB (245,0,0), colorBlack )))))))))))))); //Bar coloring formula 6 _ Price Action with Bar pabar = IIf ( C > Ref ( C ,-1), colorLime , colorRed ); //------------------------------------------------------------------------------------------ SelectedIndicator = ParamList ( "Chart Coloring" , "VSA Based|Trend Based|Marar Trend Based|PA Candle|Strength Bars|PA Bars" , 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 ); break ; case "PA Candle" : Plot ( C , "Close" , ParamColor ( "Color" , colorDefault ), styleNoTitle | ParamStyle ( "Style" ) | GetPriceStyle () ); //PlotOHLC( Open, High, Low, Close, "", pacolor, styleCandle | styleThick ); break ; case "Strength Bars" : PlotOHLC ( Open , High , Low , Close , "" , stmcolor, styleBar | styleThick ); break ; case "PA Bars" : PlotOHLC ( Open , High , Low , Close , "" , pabar, styleBar | styleThick ); break ; } //=============================== PLOT SHAPES SECTION============================ PlotShapes ( shapeSmallDownTriangle *(upThrustBar OR upThrustBartrue ) , colorDarkRed , 0, H , -10 ); PlotShapes (shapeHollowSmallDownTriangle*(upThrustBarA OR upThrustBartrue ) , colorRed , 0, H , -10 ); PlotShapes ( shapeSmallDownTriangle *(upThrustcond1 OR upThrustcond2 ) , colorRed , 0, H , -20 ); PlotShapes (shapeHollowSmallDownTriangle*(upThrustcond1 OR upThrustcond2 ) , colorWhite , 0, H , -20 ); PlotShapes ( shapeSmallCircle *topRevBar, colorBlue , 0, H , 20 ); 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 ( shapeSmallUpTriangle *sc, colorViolet , 0, L , -30 ); 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 ); PlotShapes ( shapeSmallCircle *(fom1 ) , colorWhite , 0, L , -50 ); //PlotShapes(shapeSmallCircle*(fom2 ) , colorRed, 0, L, -50 ); PlotShapes ( shapeHollowCircle *(tbc3 ) , colorYellow ,0, L , -40 ); PlotShapes ( shapeHollowCircle *(tbc2a ) , colorBlue ,0, L , -40 ); PlotShapes ( shapeHollowCircle *(tbc2 ) , colorLime ,0, L , -40 ); PlotShapes ( shapeHollowCircle *(tbc5 ) , colorYellow ,0, H , 40 ); PlotShapes ( shapeHollowCircle *(tbc4 ) , colorRed ,0, H , 40 ); _SECTION_END (); //====================================================================================| // Commentry Module | //====================================================================================| _SECTION_BEGIN ( "Commentary" ); Vpc= upThrustBartrue OR upThrustCond1 OR upThrustCond2 OR upThrustCond3 OR strengthDown0 OR strengthDown1 OR strengthDown2 OR strengthDown 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 detection px1= 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 Detection tx1= 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 occured XT1 = 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 occured YT1 = 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 lines Plot ( 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 lines Plot ( 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 Lines xt1c= 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 Lines yt1c= 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 approaching ay1= 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 commentary src1=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 Commentary WriteIf (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 Commentary WriteIf (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 detection hx1= 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 occured XV1 = 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 lines Plot ( 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, colorPaleBlue ))))))))))))); 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 (); //=========================================================================== _SECTION_BEGIN ( "Volume At Price" ); PlotVAPOverlay ( Param ( "Lines" , 300, 100, 1000, 1 ), Param ( "Width" , 5, 1, 100, 1 ), ParamColor ( "Color" , colorCycle ), ParamToggle ( "Side" , "Left|Right" ) | 4* ParamToggle ( "Z-order" , "On top|Behind" , 1 ) ); _SECTION_END (); _SECTION_BEGIN ( "Dash Board" ); //=========================Dash Board========================= Vlb = Param ( "Volume lookback period" ,60,20,300,10); SelectedIndicator2 = ParamList ( "Plot Dashboard" , "YES|NO" , 1 ); xf= Param ( "xcord factor" ,25,25,1200,25); yf= Param ( "ycord factor" , 60,-100,300,10); switch (SelectedIndicator2) { case "YES" : sp = H - C ; bp = C - L ; bpavg = WMA (bp,10); spavg = WMA (sp,10); nbp = bp/bpavg; nsp = sp/spavg; diff = nbp-nsp; Varg = WMA ( V ,10); nv = V /Varg; nbfraw = nbp * nv; nsfraw = nsp * nv; nbf = WMA (nbp * nv,20); nsf = WMA (nsp * nv,20); bfmax = HHV (nbfraw,Vlb); bfmin = LLV (nbfraw,Vlb); nfmax = HHV (nsfraw,Vlb); nfmin = LLV (nsfraw,Vlb); bfnor = ((nbfraw - bfMin)*100/((bfmax-bfmin)+ 1e-9)); nfnor = (nsfraw - nfmin)*100/((nfmax-nfmin)+ 1e-9); x= Status ( "pxchartleft" )+xf; y= Status ( "pxcharttop" )+yf; x1 = SelectedValue (bfnor); y1 = y + (100-x1); z = SelectedValue (bfnor); GfxSelectSolidBrush ( colordarkgreen ); GfxSelectPen ( colorLime ); GfxRectangle ( x+55,y+100, x+65,y); GfxGradientRect (x+55,y1,x+65,y+100, colorPaleGreen , colorDarkGreen ); GfxSelectFont ( "Times New Roman" , 8, xf ); GfxSetTextColor ( colorDarkGreen ); GfxTextOut ( "BP" , x+55,y+105 ); //================= Selling Pressure Bar graph ================ x2 = SelectedValue (nfnor); y2 = y + (100-x2); z1 = SelectedValue (nfnor); //--------------bargraph--------------------------------------- GfxSelectSolidBrush ( colorDarkRed ); GfxSelectPen ( colorLightOrange ); GfxRectangle ( x+75,y+100, x+85,y); GfxGradientRect (x+75,y2,x+85,y+100, colorOrange , colorDarkRed ); GfxSelectFont ( "Times New Roman" , 8, xf ); GfxSetTextColor ( colorRed ); GfxTextOut ( "SP" , x+75,y+105 ); //========================Effort & Result=============================== Vrg1 = WMA ( V ,40); // average volume rg = ( H - L ); //Spread arg1 = Wilders (rg,40); //Average Spread rs = abs ( C - Ref ( C ,-1)); //Result rsg = Wilders (rs,40); //Average Result sro = rg/arg1; //ratio of spread to average Vro = V /Vrg1; //ratio of volume to average rso = rs/rsg; //ratio of result to average smax = HHV (sro,40); smin = LLV (sro,40); Vmax = HHV (Vro,40); Vmin = LLV (Vro,40); rmax = HHV (rso,40); RMIn = LLV (rso,40); snor = (sro - smin)*100/(smax-Smin + 1e-9); Vnor = (Vro - Vmin)*100/(Vmax-Vmin + 1e-9); rnor = (rso - RMIn)*100/(rmax-RMIn + 1e-9); //======================================================= //================DashBoard============================= x3 = SelectedValue (snor); y3 = y+(230-x3); GfxSelectSolidBrush ( colorDarkBlue ); GfxSelectPen ( colorPaleBlue ); GfxRectangle (x+55,y+230,x+65,y+130); GfxGradientRect (x+55,y+130+x3,x+65,y+230, colorPaleBlue , colorBlue ); GfxSelectFont ( "Times New Roman" , 8, xf ); GfxSetTextColor ( colorBlue ); GfxTextOut ( "SR" , x+55,y+235 ); //------------------------------------------------ x4 = SelectedValue (rnor); y4 = y + (230-x4); GfxSelectSolidBrush ( colorDarkRed ); GfxSelectPen ( colorLightOrange ); gfxRectangle (x+75,y+230,x+85,y+130); GfxGradientRect (x+75,y+130+x4,x+85,y+230, colorOrange , colorDarkRed ) ; GfxSelectFont ( "Times New Roman" , 8, xf ); GfxSetTextColor ( colorRed ); GfxTextOut ( "RS" , x+75,y+235 ); //-------------------------------------------------- x5 = SelectedValue (vnor); y5 = y + (230-x5); GfxSelectSolidBrush ( colorDarkGreen ); GfxSelectPen ( colorPaleGreen ); GfxRectangle ( x+95,y+230, x+105,y+130); GfxGradientRect (x+95,y+130+x5,x+105,y+230, colorPaleGreen , colorDarkGreen ); GfxSelectFont ( "Times New Roman" , 8, xf ); GfxSetTextColor ( colorDarkGreen ); GfxTextOut ( "EF" , x+95,y+235 ); //---------------------------------- RPeriod = 14; Lb = Param ( "LookBack Period" ,60,40,120,1); mySig1 = RSI (14); Adev = StDev (mySig1, 3*RPeriod); jh = HHV (mySig1,Lb); jl = LLV (mySig1,Lb); jc = ( WMA ((jh-jl),RPeriod)*0.60)+ WMA (jl,RPeriod); Hiline = jh-jc*0.2; Loline = jl+jc*.2; midline = (jh-jl)/2; R = ( 4 * mySig1 + 3 * Ref (mysig1,-1) + 2 * Ref (mysig1,-2) + Ref (mysig1,-3) ) / 10;; Rx = IIf (R>HiLine,1, IIf (R<loLine,0,2)); PA= SelectedValue (Rx); GfxSelectSolidBrush ( colorBlack ); GfxSelectPen ( colorWhite ); GfxCircle ( x+135,y+200,12); //GfxCircle( fvb+480,fvb-475, 10); GfxCircle ( x+135,y+200,15); GfxSelectFont ( "Times New Roman" , 8, 800 ); GfxSetTextColor ( colorRed ); GfxTextOut ( "STRGNT" , x+120,y+235 ); for (i = 10; i < BarCount ; i++) if (PA[i]==1) { GfxSelectSolidBrush ( colorLime ); GfxSelectPen ( colorLime ); GfxCircle ( x+135,y+200,12); //GfxCircle( fvb+480,fvb-475, 10); } else if (PA[i] == 0) { GfxSelectSolidBrush ( colorRed ); GfxSelectPen ( colorRed ); GfxCircle ( x+135,y+200,12); //GfxCircle( fvb+480,fvb-475, 10); } else { GfxSelectSolidBrush ( colorYellow ); GfxSelectPen ( colorYellow ); GfxCircle ( x+135,y+200,12); //GfxCircle( fvb+480,fvb-475, 10); } break ; case "NO" : break ; } //------------------------------------------------------------------- _SECTION_END (); _SECTION_BEGIN ( "Bands" ); //------------------------Strength band------------------------ strband = ParamToggle ( "Plot Strength Bands" , "No|Yes" ,0 ); trband = ParamToggle ( "Plot Trend Bands" , "No|Yes" ,0 ); //-----------------Strength band---------------------- RPeriod = 14; Lb = Param ( "LookBack Period" ,60,40,120,1); mySig1 = RSI (14); Adev = StDev (mySig1, 3*RPeriod); jh = HHV (mySig1,Lb); jl = LLV (mySig1,Lb); jc = ( WMA ((jh-jl),RPeriod)*0.60)+ WMA (jl,RPeriod); Hiline = jh-jc*0.2; Loline = jl+jc*.2; midline = (jh-jl)/2; R = ( 4 * mySig1 + 3 * Ref (mysig1,-1) + 2 * Ref (mysig1,-2) + Ref (mysig1,-3) ) / 10;; rsicolor = IIf (R>HiLine, colorLime , IIf (R<loLine, colorOrange , colorWhite )); Plot ( IIf (strband==1,1.5,0), "Ribbon" ,rsicolor, styleOwnScale | styleArea | styleNoLabel , 0, 100 ); // Strength Band Plot ( IIf (trband==1,1.6,0), "" , colorBlack , styleOwnScale | styleArea | styleNoLabel , 0, 100 ); // Strength Band Rx = IIf (R>HiLine,1, IIf (R<loLine,0,2)); //----------------------Trend Bands----------------------- Lttrendcolor = IIf (upmajor==1 , colorLime , IIf ( upmajor== -1, colorRed , colorGold )); imdtrendcolor = IIf (upimd==1, colorLime , IIf (dnimd==1, colorRed , colorGold )); mnrtrendcolor = IIf (upminor==1, colorLime , IIf (dnminor == 1, colorRed , colorGold )); Plot ( IIf (trband==1,3.0,0), "" , Lttrendcolor, styleOwnScale | styleArea | styleNoLabel , 0, 100 ); // lt term trend Band Plot ( IIf (trband==1,3.1,0), "" , colorBlack , styleOwnScale | styleArea | styleNoLabel , 0, 100 ); Plot ( IIf (trband==1,4.5,0), "Ribbon" ,mnrtrendcolor, styleOwnScale | styleArea | styleNoLabel , 0, 100 ); // mid term trend Band Plot ( IIf (trband==1,4.6,0), "" , colorBlack , styleOwnScale | styleArea | styleNoLabel , 0, 100 ); Plot ( IIf (trband==1,6.0,0), "Ribbon" , imdtrendcolor, styleOwnScale | styleArea | styleNoLabel , 0, 100 ); // lt term trend Band _SECTION_END (); //===========================Plotting EMAs================= _SECTION_BEGIN ( "Plot EMAs" ); pma = ParamToggle ( "Plot EMA" , "No|Yes" ,0); tye = ParamList ( "EMA Variable" , "Clos|Pivot" ,0); shp = Param ( "Short EMA period" , 13, 5,20,1); mip = Param ( "Mid EMA period" , 34, 30,50,1); lop = Param ( "Long EMA period" , 55, 50,80,1); pe = IIf (tye == "Clos" , Close , ( H + L + C )/3); ped = EMA (pe,shp); pew = EMA (pe,mip); pem = EMA (pe,lop); Plot ( IIf (pma ==1, ped , Null ), "ped" , colorLime ,32); Plot ( IIf (pma ==1, pew , Null ), "pew" , colorYellow ,32); Plot ( IIf (pma ==1, pem , Null ), "pem" , colorRed ,32); tma = ParamToggle ( "Plot 200 Ema" , "No|Yes" ,0); Plot ( IIf (tma ==1, EMA ( C ,200) , Null ), "pem" , colorPink ,32); _SECTION_END (); //----------------------------------------------------------------------- //------------------Vwap-------------------------------------------- _SECTION_BEGIN ( "VWAP" ); function Lastthursday() { Daysinmonth = IIf ( Month () == 1 OR Month () == 3 OR Month () == 5 OR Month () == 7 OR Month () == 8 OR Month () == 10 OR Month () == 12, 31, 30 ); Daysinmonthfeb = IIf ( Year () % 4 == 0 AND Year () % 100 != 0, 29, 28 ); Daysinmonthfinal = IIf ( Month () == 2, Daysinmonthfeb, Daysinmonth ); returnvalue = IIf ( Daysinmonthfinal - Day () < 7 AND DayOfWeek () == 4, 1, IIf ( Daysinmonthfinal - Day () < 8 AND DayOfWeek () == 3 AND Ref ( DayOfWeek (), 1 ) != 4 AND Day () != Daysinmonthfinal , 1, 0 ) ); return returnvalue; } Period = ParamList ( "Base" , "Daily|Weekly|Monthly|Lastthursday|Yearly" , 1 ); pwap = ParamToggle ( "Plot Vwap" , "No|yes" ,0); if (Period== "Daily" ) { Bars_so_far_today = 1 + BarsSince ( Day () != Ref ( Day (), -1)); StartBar = ValueWhen ( TimeNum () == 091500, BarIndex ()); TodayVolume = Sum ( V ,Bars_so_far_today); average = ( H + L + C )/3; IIf ( BarIndex () >= StartBar, VWAP = Sum (average * V , Bars_so_far_today ) / TodayVolume,0); } if (Period== "Weekly" OR Interval ()==24 * 3600 ) { Bars_so_far_today = 1 + BarsSince ( DayOfWeek () < Ref ( DayOfWeek (), -1 )); StartBar = ValueWhen ( TimeNum () == 091500, BarIndex ()); Vol = TimeFrameGetPrice ( "V" , inWeekly , 0); TodayVolume = Sum (Vol,Bars_so_far_today); average = ( H + L + C )/3; IIf ( BarIndex () >= StartBar, VWAP = Sum (average * Vol, Bars_so_far_today ) / TodayVolume,0); } if (Period== "Monthly" ) { Bars_so_far_today = 1 + BarsSince ( Month () != Ref ( Month (), -1)); Vol = TimeFrameGetPrice ( "V" , inMonthly , 0); StartBar = ValueWhen ( TimeNum () == 091500, BarIndex ()); TodayVolume = Sum (Vol,Bars_so_far_today); average = ( H + L + C )/3; IIf ( BarIndex () >= StartBar, VWAP = Sum (average * Vol, Bars_so_far_today ) / TodayVolume,0); } Plot ( IIf (pwap, VWAP, Null ), "Vwap" , colorYellow ); _SECTION_END (); |
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good improve for this AFL for over the time… thanks
Hi, Could you please explain more about Dashboard. For example:
What’s SR/RS/EF mean?
I know you didn’t ask me, but just trying to help I must say:
SR means spread or high-low of the bar compared to the average spread of the last 40 bars.
RS means result or the absolute value of the difference between the close of the previous bar and the present bar,
compared to the average result of the previous 40 bars.
EF means effort or the volume of the present bar compared to the average volume of the previous 40 bars.
I think the lines 898, 908 and 918 are not correct.
GfxGradientRect(x+55,y+130+x3,x+65,y+230,colorPaleBlue,colorBlue); // line 898, bellow the correct one
GfxGradientRect(x+55,y3 ,x+65,y+230,colorPaleBlue,colorBlue);
GfxGradientRect(x+75,y+130+x4,x+85,y+230,colorOrange,colorDarkRed) ; // line 908, bellow the correct one
GfxGradientRect(x+75,y4 ,x+85,y+230,colorOrange,colorDarkRed) ;
GfxGradientRect(x+95,y+130+x5,x+105,y+230, colorPaleGreen,colorDarkGreen); // line 918, bellow the correct one
GfxGradientRect(x+95,y5 ,x+105,y+230, colorPaleGreen,colorDarkGreen);
hi, this tradingview code please change as a ALF code , like buy and sell
//@version=4
// Copyright © 2021-present, Alex Orekhov (everget)
study(“HalfTrend”, overlay=true)
amplitude = input(title=“Amplitude”, defval=2)
channelDeviation = input(title=“Channel Deviation”, defval=2)
showArrows = input(title=“Show Arrows”, defval=true)
showChannels = input(title=“Show Channels”, defval=true)
var int trend = 0
var int nextTrend = 0
var float maxLowPrice = nz(low1, low)
var float minHighPrice = nz(high1, high)
var float up = 0.0
var float down = 0.0
float atrHigh = 0.0
float atrLow = 0.0
float arrowUp = na
float arrowDown = na
atr2 = atr(100) / 2
dev = channelDeviation * atr2
highPrice = high[abs(highestbars(amplitude))]
lowPrice = low[abs(lowestbars(amplitude))]
highma = sma(high, amplitude)
lowma = sma(low, amplitude)
if nextTrend == 1
maxLowPrice := max(lowPrice, maxLowPrice)
if highma < maxLowPrice and close < nz(low1, low)
trend := 1
nextTrend := 0
minHighPrice := highPrice
else
minHighPrice := min(highPrice, minHighPrice)
if lowma > minHighPrice and close > nz(high1, high)
trend := 0
nextTrend := 1
maxLowPrice := lowPrice
if trend == 0
if not na(trend1) and trend1 != 0
up := na(down1) ? down : down1
arrowUp := up – atr2
else
up := na(up1) ? maxLowPrice : max(maxLowPrice, up1)
atrHigh := up + dev
atrLow := up – dev
else
if not na(trend1) and trend1 != 1
down := na(up1) ? up : up1
arrowDown := down + atr2
else
down := na(down1) ? minHighPrice : min(minHighPrice, down1)
atrHigh := down + dev
atrLow := down – dev
ht = trend == 0 ? up : down
var color buyColor = color.blue
var color sellColor = color.red
htColor = trend == 0 ? buyColor : sellColor
htPlot = plot(ht, title=“HalfTrend”, linewidth=2, color=htColor)
atrHighPlot = plot(showChannels ? atrHigh : na, title=“ATR High”, style=plot.style_circles, color=sellColor)
atrLowPlot = plot(showChannels ? atrLow : na, title=“ATR Low”, style=plot.style_circles, color=buyColor)
fill(htPlot, atrHighPlot, title=“ATR High Ribbon”, color=sellColor)
fill(htPlot, atrLowPlot, title=“ATR Low Ribbon”, color=buyColor)
buySignal = not na(arrowUp) and (trend == 0 and trend1 == 1)
sellSignal = not na(arrowDown) and (trend == 1 and trend1 == 0)
plotshape(showArrows and buySignal ? atrLow : na, title=“Arrow Up”, style=shape.triangleup, location=location.absolute, size=size.tiny, color=buyColor)
plotshape(showArrows and sellSignal ? atrHigh : na, title=“Arrow Down”, style=shape.triangledown, location=location.absolute, size=size.tiny, color=sellColor)
alertcondition(buySignal, title=“Alert: HalfTrend Buy”, message=“HalfTrend Buy”)
alertcondition(sellSignal, title=“Alert: HalfTrend Sell”, message=“HalfTrend Sell”)
Hello Suresh,
I’m confused about the code in comment #4 above mentioned as “tradingview” code.
How does that fit the comments and VPA.