// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) )); Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) ) { ToolTip=StrFormat("Open: %g\nHigh: %g\nLow: %g\nClose: %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 ))); } _SECTION_END(); _SECTION_BEGIN("Mid MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 45, 2, 300, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") | styleNoRescale ); _SECTION_END(); _SECTION_BEGIN("Long MA"); P = ParamField("Price field",-1); Periods = Param("Periods", 100, 2, 400, 1 ); Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") | styleNoRescale ); _SECTION_END(); _SECTION_BEGIN("BBands"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1 ); Width = Param("Width", 2, 0, 10, 0.05 ); Color = ParamColor("Color", colorLightGrey ); Style = ParamStyle("Style") | styleNoRescale | styleNoRescale; Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); _SECTION_END(); _SECTION_BEGIN("Price Interpretation"); movshort = ParamField("Short Time MA", 8 ); movmed = ParamField("Mid Time MA", 9 ); movlong = ParamField("Long Time MA", 10 ); btop = ParamField("BBTop", 11 ); bbot = ParamField("BBBottom", 12 ); if( Status("action") == actionCommentary ) { width = btop - bbot; lslop = LinRegSlope( C, 30 ) + 100; lslo = LLV( lslop, 90 ); lshi = HHV( lslop, 90 ); lswidth = lshi - lslo; trend = 100*( lslop - lslo )/lswidth; mawidth = MA( width, 100 ); relwidth = 100*(width - mawidth)/mawidth; _N( tname = Name()+"("+FullName()+")" ); printf("Price and moving averages:\n"); printf( tname + " has closed " + WriteIf( C > movshort, "above" , "below" ) + " its Short time moving average. "); printf("\nShort time moving average is currently " + WriteIf( movshort > movmed, "above", "below") + " mid-time, AND " + WriteIf( movshort > movlong, "above", "below" ) + " long time moving averages."); printf("\nThe relationship between price and moving averages is: "+ WriteIf( C > movshort AND movshort > movmed, "bullish", WriteIf( C < movshort AND movshort < movmed, "bearish", "neutral" ) ) + " in short-term, and "+ WriteIf( movshort > movmed AND movmed > movlong , "bullish", WriteIf( movshort < movmed AND movmed < movlong, "bearish", "neutral" ) ) + " in mid-long term. "); printf("\n\nBollinger Bands:\n"); printf(tname+ " has closed " + WriteIf( C < bbot, "below the lower band by " + WriteVal( 100 *( bbot-C )/ width, 1.1 ) + "%%. " + WriteIf( trend < 30, " This combined with the steep downtrend can suggest that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the lower band and a downside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C > btop, "above the upper band by " + WriteVal( 100 *( C- btop )/ width, 1.1 ) + "%%. " + WriteIf( trend > 70, " This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.", WriteIf( trend > 30 AND trend < 70, "Although prices have broken the upper band and a upside breakout is possible, the most likely scenario for "+tname+" is to continue within current trading range.", "" ) ), "" ) + WriteIf( C < btop AND ( ( btop - C ) / width ) < 0.5, "below upper band by " + WriteVal( 100 *( btop - C )/ width, 1.1 ) + "%%. ", WriteIf( C < btop AND C > bbot , "above bottom band by " + WriteVal( 100 *( C - bbot )/ width, 1.1 ) + "%%. ", "" ) )); printf("\n"+ WriteIf( ( trend > 30 AND trend < 70 AND ( C > btop OR C < bbot ) ) AND abs(relwidth) > 40, "This picture becomes somewhat unclear due to the fact that Bollinger Bands are currently", "Bollinger Bands are " )+ WriteVal( abs( relwidth ), 1.1 ) + "%% " + WriteIf( relwidth > 0, "wider" , "narrower" ) + " than normal."); printf("\n"); printf( WriteIf( abs( relwidth ) < 40, "The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.","")+ WriteIf( relwidth < -40, "The narrow width of the bands suggests low volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. "+ "The bands have been in this narrow range for " + WriteVal(BarsSince(Cross(-40,relwidth)),1.0) + " bars. The probability of a significant price move increases the longer the bands remain in this narrow range." ,"")+ WriteIf( relwidth > 40, "The large width of the bands suggest high volatility as compared to " + tname + "'s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. "+ "The bands have been in this wide range for " + WriteVal(BarsSince(Cross(relwidth,40)),1.0) + " bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range." ,"")); printf("\n\nThis commentary is not a recommendation to buy or sell. Use at your own risk."); } _SECTION_END(); _SECTION_BEGIN("EMA"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("EMA1"); P = ParamField("Price field",-1); Periods = Param("Periods", 15, 2, 300, 1, 10 ); Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") ); _SECTION_END(); _SECTION_BEGIN("Pivot Finder for Amibroker"); // /* ********************************** // // Code to automatically identify pivots // // ********************************** */ // // // -- what will be our lookback range for the hh and ll? // // farback=Param("How Far back to go",100,50,5000,10); // // nBars = Param("Number of bars", 12, 5, 40); // // // -- Title. // // Title = Name() + " (" + StrLeft(FullName(), 15) + ") O: " + Open + ", // // H: " + High + ", L: " + Low + ", C: " + Close; // // // -- Plot basic candle chart // // PlotOHLC(Open, High, Low, Close, // // "BIdx = " + BarIndex() + // // "\n" + "O = " + O + "\n"+"H = "+ H + "\n"+"L = " + L // // + "\n"+"C ", // // colorYellow, styleCandle); // // GraphXSpace=7; // // // -- Create 0-initialized arrays the size of barcount // // aHPivs = H - H; // // aLPivs = L - L; // // // -- More for future use, not necessary for basic plotting // // aHPivHighs = H - H; // // aLPivLows = L - L; // // aHPivIdxs = H - H; // // aLPivIdxs = L - L; // // nHPivs = 0; // // nLPivs = 0; // // lastHPIdx = 0; // // lastLPIdx = 0; // // lastHPH = 0; // // lastLPL = 0; // // curPivBarIdx = 0; // // // -- looking back from the current bar, how many bars // // // back were the hhv and llv values of the previous // // // n bars, etc.? // // aHHVBars = HHVBars(H, nBars); // // aLLVBars = LLVBars(L, nBars); // // aHHV = HHV(H, nBars); // // aLLV = LLV(L, nBars); // // // -- Would like to set this up so pivots are calculated back from // // // last visible bar to make it easy to "go back" and see the pivots // // // this code would find. However, the first instance of // // // _Trace output will show a value of 0 // // aVisBars = Status("barvisible"); // // nLastVisBar = LastValue(Highest(IIf(aVisBars, BarIndex(), 0))); // // _TRACE("Last visible bar: " + nLastVisBar); // // // -- Initialize value of curTrend // // curBar = (BarCount-1); // // curTrend = ""; // // if (aLLVBars[curBar] < // // aHHVBars[curBar]) { // // curTrend = "D"; // // } // // else { // // curTrend = "U"; // // } // // // -- Loop through bars. Search for // // // entirely array-based approach // // // in future version // // for (i=0; i lastHPIdx) { // // // -- Bar and price info for candidate pivot // // candIdx = curBar - aHHVBars[curBar]; // // candPrc = aHHV[curBar]; // // if ( // // lastHPH < candPrc AND // // candIdx > lastLPIdx AND // // candIdx < curBar) { // // // -- OK, we'll add this as a pivot... // // aHPivs[candIdx] = 1; // // // ...and then rearrange elements in the // // // pivot information arrays // // for (j=0; j candPrc AND // // candIdx > lastHPIdx AND // // candIdx < curBar) { // // // -- OK, we'll add this as a pivot... // // aLPivs[candIdx] = 1; // // // ...and then rearrange elements in the // // // pivot information arrays // // for (j=0; j lastHPIdx) { // -- Bar and price info for candidate pivot candIdx = curBar - aHHVBars[curBar]; candPrc = aHHV[curBar]; if ( lastHPH < candPrc AND candIdx > lastLPIdx AND candIdx < curBar) { // -- OK, we'll add this as a pivot... aHPivs[candIdx] = 1; // ...and then rearrange elements in the // pivot information arrays for (j=0; j candPrc AND candIdx > lastHPIdx AND candIdx < curBar) { // -- OK, we'll add this as a pivot... aLPivs[candIdx] = 1; // ...and then rearrange elements in the // pivot information arrays for (j=0; j