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Harmonic pattern detection for Amibroker (AFL)

Yaaad about 16 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 28)
  • Tags:
    amibroker, exploration, pattern

Some of the patterns are bearish and some of them are bullish which helps in taking decisions.

Screenshots

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17 comments

1. mahesh.aranake
about 16 years ago

Nice AFL – is there any to get the name of the pattern with bullish / bearish implications as text on the chart

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2. morgen
about 16 years ago

Very nice!
I think those green+blue are BULL, those yellow+red are BEAR, consistent with text formula.

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3. mahesh.aranake
about 16 years ago

Sorry for putting a comment without cross checking – actually the name of the pattern appears on the day the pattern is completed – if you get the cursor on that day – Alternatively the exploration also gives names of scrips who have completed any of the patterns on the given day

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4. kuzukapama
almost 15 years ago

I have to try this formula , Buy sell signal consists of 4 days after the late , dangerous

Thank you for sharing :)

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5. Rakesh Kumar
almost 15 years ago

Dear Kuzukapama

This indicator only provides early alert. For example if it is showing bearish pattern, even then rally may continue for 4-5 more days. For final decision you have to confirm it from other indicators like RSI or MACD.

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7. Mikeymikey
almost 15 years ago

Hi is there a way that we can color inside the shapes to make the pattern clearer.

Many thnks for sharing.

Mikey

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8. yama
about 13 years ago

WOW! I started using this pattern and I truly have learned to appreciate its power to detect precise BUY and SELL — almost to the dollar precise…

I, however, made mome minor adjustment to the code including but not limited to:

1. translation of the comments from vietnamese to english
2. buy/sell alerts
3. change coloring

Backtest I ran against this system were the most sucessfull backtest I had ever seen!!!

THANK YOU FOR THIS CODE!
~ yama ~

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9. sangi79
over 12 years ago

Hi,

Can any one pls say why I am not able to see the pattern drawing in amibroker while exploring? It shows scrip , volume, date and time but not pattern name and the plotting of the pattern in the chart? I am using ami 5.3. Pls help.

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11. mdabrar
about 12 years ago

ON THURSDAY I SAW A BEARISH PATTERN COMPLETED DATE 13/3/04 SO I
THOUGH TO GO WITH SELL NEXT DAY BUT NEXT STOCK RALLY UPWARD AND THE SIGNAL WHICH HAD ALREADY COMPLETED ON 13/3/04 (THURSDAY) NOW SHIFT TO FRIDAY 14/3/04, IT MEANS THE ‘D’ WHICH ALREADY COMPLETED AND SHOWED ON 13/3/04 EOD CANDLE, AND NOW I AM SEEING IT MOVES TO 14/3/04 . PLZ MAKE IT CLEAR THAT HOW WOULD I KNOW WHEN EXACTLY THE PATTERN COMPLETED IT WONT GONA CHANGE WHATEVER THE CANDLE WOULD BE NEXT DAY OR DAY AFTER.

THANKYOU…..

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12. handasa
about 12 years ago

fake formula with looking to the future with REF function …

it generate buy/sell signal by looking to the future which is completely useless

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15. ostad251
over 10 years ago

thank you very much .
very nice but I think this indicator is very help full but it does not mean we don’t think.
this is my opinion.

thanks again for sharing this indicator.

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16. vps555
almost 10 years ago

Can anyone revise the afl to indicate a potential pattern, i.e., before the completion of the pattern? What I mean is that if XA to B and AB to C ratios meet the requirements of a particular pattern, can the afl predict the price for point D. Copy-paste the URL to see the image.

http://imgur.com/a/9rfWK

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