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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
William's Alligator System II for Amibroker (AFL)
To get a real picture of this go to the web site www.profitunity.com and download the demo software Investors Dream and see how this code compares.
You really need to read the book to get a picture of what is going on. This is a good read. You can get the Williams books on his web site as will. You only need the latest one.
Similar Indicators / Formulas
Indicator / Formula
/*
Bill William's Alligator System II
Reference Website:
==================
http://www.alpari-idc.com/en/market-analysis-guide/chaos-theory/alligator-and-gator.html
Modified from original formula by Steve Wiser - slwiserr@erols.com
Modified by TohMz on June 9th, 2008
*/
SetChartOptions( 0, chartShowArrows|chartShowDates );
_SECTION_BEGIN("Price Chart");
_N(Title = StrFormat("{{NAME}}- {{INTERVAL}} {{DATE}} O= %g, H= %g, L= %g, C= %g (%.1f%%) V= " +WriteVal( V, 1.0 ) +"\n{{VALUES}}", O, H, L, C, SelectedValue(ROC( C, 1 )) ));
PriceStyle = GetPriceStyle();
PriceStyleOpt = ParamStyle("Price Style")|PriceStyle;
if (PriceStyle==styleCandle)
Plot( C, "", colorBlack, PriceStyleOpt);
else
Plot( C, "", IIf( Close >= Ref(C, -1), colorBlue, colorRed ), PriceStyleOpt);
_SECTION_END();
_SECTION_BEGIN("BW Alligator");
/*** The trend indicators ***/
P= ParamList("Price", "Close|(H+L)/2|(H+C+L)/3",1);
if (P=="Close")
A = C;
else
if (P=="(H+C+L)/3")
A = (H+C+L)/3;
else
A = (H+L)/2;
AlligatorJaw = Ref(Wilders(A,13),-8);
AlligatorTeeth = Ref(Wilders(A,8), -5);
AlligatorLips = Ref(Wilders(A,5), -3);
Plot(AlligatorJaw, "Jaw", ParamColor("Jaw's Color",colorBlue),
ParamStyle("Jaw's Style", styleThick));
Plot(AlligatorTeeth,"Teeth", ParamColor("Teeth's Color",colorRed),
ParamStyle("Teeth's Style", styleThick));
Plot(AlligatorLips, "Lips", ParamColor("Lips's Color",colorGreen),
ParamStyle("Lips's Style", styleThick));
_SECTION_END();
_SECTION_BEGIN("BW Fractal");
UpFractal= ValueWhen(
(Ref(H,-2) > Ref(H, -4)) AND
(Ref(H,-2) > Ref(H, -3)) AND
(Ref(H,-2) > Ref(H, -1)) AND
(Ref(H,-2) > H), Ref(H,-2));
DownFractal= ValueWhen(
(Ref(L,-2) <= Ref(L, -4)) AND
(Ref(L,-2) <= Ref(L, -3)) AND
(Ref(L,-2) <= Ref(L, -1)) AND
(Ref(L,-2) <= L), Ref(L,-2));
//== Added Crash crashandburn59 [at] hotmail.com solution
Plot(Ref(UpFractal,2), "Up Fractal", ParamColor("Up Fractal Color",colorRed),ParamStyle("Up Fractal Style", styleDashed));
Plot(Ref(DownFractal,2), "Down Fractal",ParamColor("Down Fractal Color",colorBlue), ParamStyle("Down Fractal Style", styleDashed));
//Plot(Max(HHV(H,3),Ref(UpFractal,2)), "Up Fractal", ParamColor("Up Fractal Color",colorRed), ParamStyle("Up Fractal Style", styleDashed));
//Plot(Max(HHV(H,3),Ref(UpFractal,2)), "Down Fractal",ParamColor("Down Fractal Color",colorBlue), ParamStyle("Down Fractal Style", styleDashed));
_SECTION_END();
_SECTION_BEGIN("Exploration");
Inc = 0.1;
//== Set the Price Range for stock to scan
PriceFrom = Param("Price From:", 5, 0.1, 200, Inc);
PriceTo = Param("Price To:", 100, 0.1, 200, Inc);
MaxBreakOut = Param("Max Breakout (%)", 5, 1, 30);
MaxBreakOut = MaxBreakOut/100;
Buy = C>UpFractal AND C<=(1+MaxBreakOut)*UpFractal AND
AlligatorTeeth>AlligatorJaw;
Sell = C<DownFractal AND C>=(1-MaxBreakOut)*DownFractal AND
AlligatorTeeth<AlligatorJaw;
Filter = (Buy OR Sell) AND (C>=PriceFrom AND C<=PriceTo) AND V>0;
AddTextColumn(FullName(), "Security", 1.0, colorDefault, colorDefault, 200);
AddTextColumn( WriteIf(Buy,"Buy", WriteIf(Sell, "Sell", "")), "Trade", 1.0);
AddColumn( UpFractal, "Up Fratal");
AddColumn( DownFractal, "Down Fratal");
//AddColumn( MA(V,3)/EMA(V,17), "MAV(3/17)");
AddColumn( C, "Today's Close");
_SECTION_END(); 1 comments
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ok ok ok