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

Pattern Commentary for Amibroker (AFL)
Nahid
over 13 years ago
Amibroker (AFL)

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

This AFL indicates when to buy and when to sell the stock. It also gives some stats on the past patterns.

Screenshots

Similar Indicators / Formulas

Wolf Wave AFL
Submitted by shekhar373 over 12 years ago
Head & Shoulders Pattern
Submitted by anandnst almost 13 years ago
Volume Trade with Candle reader
Submitted by Divyesh almost 11 years ago
Modified Head & Shoulder Pattern
Submitted by huynhbao2 about 13 years ago
Cup Formation
Submitted by vargasc1 about 13 years ago
Andrews Pitchfork v3.3
Submitted by kaiji over 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Unnamed 34");
Version(4.70); // needs AmiBroker 4.70
function msPattPos( element )
{
   Value1 = Ref( H, -1 );
   Value2 = Ref( L, -1 );
   Value3 = ( Value1 + Value2 )/2;
   Dist = Ref( ATR( 10 ), -1 );
   Value4 = Value1 + Dist;
   Value5 = Value2 - Dist;
   result = IIf( element < Value5, 0,
            IIf( element < Value2, 1,
            IIf( element < Value3, 2,
            IIf( element < Value1, 3,
            IIf( element < Value4, 4,
                              5 ) ) ) ) );
  return result;
}
function msPattToText( patt )
{
 result =
 WriteIf( patt == 0, " is below previous (Low - ATR 10) ",
 WriteIf( patt == 1, " is above (at) previous (Low - ATR 10) and below previous Low ",
 WriteIf( patt == 2, " is above (at) previous Low and below previous Midpoint ",
 WriteIf( patt == 3, " is above (at) previous Midpoint and below previous High ",
 WriteIf( patt == 4, " is above (at) previous High and below (High + ATR 10) ",
 " is above (at) previous (High + ATR(10) " ) ) ) ) );
 return result;
}
function msRecognize()
{
   return 1000 * msPattPos( Open ) + 100 * msPattPos( High ) +
          10 * msPattPos( Low ) + msPattPos( Close );
}
function msPatternDescription( patt )
{
   return "Open: " + msPattToText( round( ( patt / 1000 ) % 10 ) ) + "\n" +
          "High: " + msPattToText( round( ( patt / 100 ) % 10 ) ) + "\n" +
          "Low: " + msPattToText( round( ( patt / 10 ) % 10 ) ) + "\n" +
          "Close: " + msPattToText( round( patt % 10 ) );
}
patts = msRecognize();
// by default use pattern occuring at selected bar
DesiredPattern = SelectedValue( patts );
// if you want manual-entry of pattern code from parameter dialog
// then uncomment the line below
//DesiredPattern=Param("Pattern to look for", 3434, 0, 5555, 0 );
Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g,
        Lo %g, Close %g", O, H, L, C);
Title = Title + "\nPattern code is : " + DesiredPattern + "\n" +
        msPatternDescription( DesiredPattern  );
Plot(C, "Price", ParamColor("Color", colorBlack), styleNoTitle |
        ParamStyle("Style") | GetPriceStyle() );
PattCloseAbove = DesiredPattern == patts AND Ref( Close > Open, 1 );
PattCloseBelow = DesiredPattern == patts AND Ref( Close < Open, 1 );
PlotShapes(    ( DesiredPattern == patts ) * shapeCircle ,
            IIf( PattCloseAbove, colorGreen,
            IIf( PattCloseBelow, colorRed, colorBlue ) ),
            0, High, 30 );
NumPatterns = LastValue( Cum( DesiredPattern == patts ) );
NumPattCloseAbove = LastValue( Cum( PattCloseAbove ) );
NumPattCloseBelow = LastValue( Cum( PattCloseBelow ) );
NumPattCloseEqual = NumPatterns - NumPattCloseAbove - NumPattCloseBelow;
Title = Title +
"\n\nTotal number of Patterns: " + NumPatterns +
"\n% on Total Bars: " + 100 * NumPatterns/BarCount +
"\nIn the next bar\n" +
EncodeColor(colorGreen) +
"Close has been above the open " + NumPattCloseAbove +
" (" + NumPattCloseAbove / NumPatterns + "%) times\n" +
EncodeColor(colorRed) +
"Close has been below the open " + NumPattCloseBelow + " (" +
NumPattCloseBelow / NumPatterns +" %) times\n" +
EncodeColor(colorBlue) +
"Close has been equal to the open " + NumPattCloseEqual + " (" +
NumPattCloseEqual / NumPatterns +" %)times";
_SECTION_END();

1 comments

1. shariful

good effort, thanks

Leave Comment

Please login here to leave a comment.

Back