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Tiger ZIG-ZAG (swing cum positional trade) for Amibroker (AFL)
tigernifty
over 14 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 3)
Tags:
amibroker, zigzag

Dear Friends, am catch the formula from website, am test the same, am sure very nice one. THE MAIN FORMULA NAME IS ZIG-ZAG REVERSAL INDICATOR, friends try to use and enjoy, very enjoyful.

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Indicator / Formula

Indicator
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_SECTION_BEGIN("Reversal");
Reversal = Param( _DEFAULT_NAME(), 01.0,0.01,20,0.01);
_SECTION_END();
 
ZigZArray = Avg;
ZigZArray = Null;
 
ValFromPro=0;
ValToPro=0;
ValRead=0;
 
BarFromPro=0;
BarToPro=0;
BarRead=0;
 
ProcessUndef = 10;
ProcessIncrease = 11;
ProcessDecrease = 12;
 
Process = ProcessUndef;
ValFromPro=Avg[0];
ValToPro=Avg[0];
BarFromPro=0;
BarToPro=0;
BarRead=0;
 
function FillLine( startbar, startval, endbar, endval )
{
    for( j = startbar; j <= endbar; j++ )
    {
        ZigZArray[ j ] = startval + (( j - startbar) * (endval-startval)/( endbar - startbar ));
    }
}
 
function TrtUndef( )
{
    if ( ValRead > ( ((100 + Reversal)/100 ) * ValFromPro ) )///If rupture Increase
    {
        Process = ProcessIncrease;
        ValToPro=ValRead;
        BarToPro=BarRead;
    }
    else
    {
        if ( ValRead < ( ((100- Reversal)/100 ) * ValFromPro ) )  // If rupture Decrease
        {
            Process = ProcessDecrease;
            ValToPro=ValRead;
            BarToPro=BarRead;
        }
        else
        {
            Process = ProcessUndef;
        }
    }
}
 
function TrtIncrease( )
{
    if ( ValRead > ValToPro )  // Still Increase
    {
        Process = ProcessIncrease;
        ValToPro=ValRead;
        BarToPro=BarRead;
    }
    else   // Break Increase Process
    {
        if ( ValRead <  ( ((100- Reversal)/100 ) * ValToPro ) )   // If break Decrease
        {
            Process = ProcessDecrease;
            ValFromPro=ValToPro;
            BarFromPro=BarToPro;
            ValToPro=ValRead;
            BarToPro=BarRead;
        }
    }
}
 
function TrtDecrease( )
{
    if ( ValRead < ValToPro )  // Still Decrease
    {
        Process = ProcessDecrease;
        ValToPro=ValRead;
        BarToPro=BarRead;
    }
    else  // Break Decrease Process
    {
        if ( ValRead >  ( ( (100+ Reversal)/100 ) * ValToPro ) ) // If break Decrease
        {
           Process = ProcessIncrease;
            ValFromPro=ValToPro;
            BarFromPro=BarToPro;
            ValToPro=ValRead;
            BarToPro=BarRead;
        }
    }
}
 
 
for( i = 1; i < BarCount; i++ )
{
    ValRead = Avg[i];
    BarRead = i;
 
    if ( Process == ProcessUndef )
    {
        TrtUndef();
    }
    else
    {
        if ( Process == ProcessIncrease )
        {
            TrtIncrease();
        }
        else
        {
            TrtDecrease();
        }
    }
 
    if ( BarToPro == BarRead )
        FillLine( BarFromPro, ValFromPro, BarToPro, ValToPro );
    else
        FillLine( BarToPro, ValToPro, BarRead, ValRead );
}
 
 
_SECTION_BEGIN("avg");
SetChartOptions(0,chartShowArrows);
Plot( Avg, _DEFAULT_NAME(), ParamColor("Color", colorBlack ), ParamStyle("Style", styleLine + styleDots, maskPrice ) );
_SECTION_END();
 
 _SECTION_BEGIN("ZigZArray");
Plot( ZigZArray, _DEFAULT_NAME(), ParamColor("Color", colorRed ), ParamStyle("Style", styleLine + styleThick) );
_SECTION_END();

5 comments

1. vaenu999
over 14 years ago

how we trade with this afl plz details

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2. tigernifty
over 14 years ago

Vaenu999, EACH AND EVERY “V” SHAPE AND INVERTED “V” SHAPE IS A TURNING POINT OF BUY-SELL, SO TRADE ACCORDINGLY. THANK YOU FOR UR INTEREST. ALL THE BEST.

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3. dalmas
over 14 years ago

Sorry, but ….

it is NOT clear to me what is the dfference between this code and the built-in command:
Zig(Array, change) .
Have You tried it ??

Regards

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4. puduags
over 14 years ago

Scanning the stock facility is not there in this AFL. Which are the stocks to trade today ? Please post.

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5. chandramohan
almost 8 years ago

sir,

please let me know, what are the parameters best suited for 1 minute or 2 minute time frame

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