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#1 Selling Amibroker Plugin featuring:
PRICE GANN STYLE for Amibroker (AFL)
The structure of this code was taken from a post made in amibroker yahoo group, i don’t remember the post-no, or the author name. This was further modified with some code by Tj.
SAHASRA
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ChartLum = Param("Chart Background Color Intensity", 0, 0, 1, 0.01);
SetChartBkColor(ColorBlend(colorWHITE, colorLIGHTBLUE, ChartLum));
_SECTION_BEGIN(" PRICE GANN STYLE");
C1 = H > Ref(H,-1) AND L < Ref(L,-1) ;
C2 = H < Ref(H,-1) AND L > Ref(L,-1) ;
C3 = H > Ref(H,-1) AND L > Ref(L,-1) ;
C4 = L < Ref(L,-1) AND H < Ref(H,-1) ;
C5 = L == Ref(L,-1) OR H == Ref(H,-1) ;
/* plot color coded bars */
Plot( C, FullName(), IIf(C1 ,29,IIf(C2,1,IIf(C3 ,27,IIf(C4,32,IIf
(C5 ,41,8))))),128+4 );
x=Cum(1);
/* criteria for high and low pivot */
HP = IIf( H < Ref(H,-1) AND Ref(H ,-1) > Ref(H ,-2) AND Ref(H ,-1) >
Ref(H ,-3), 1, 0);
LP = IIf( L > Ref(L ,-1) AND Ref(L ,-1) < Ref(L ,-2) AND Ref(L ,-1)
< Ref(L ,-3), 1, 0);
/* find the end and start values and the end and start bar */
startvalue=IIf(BarsSince(HP) < BarsSince(LP), ValueWhen(LP,Ref(L,-
1),1), ValueWhen(HP,Ref(H,-1),1));
startbar = IIf(BarsSince(HP) < BarsSince(LP), LastValue( ValueWhen(
LP, x-1, 2 )) ,LastValue( ValueWhen( HP, x-1, 2 )));
endbar = IIf(BarsSince(HP) < BarsSince(LP), LastValue( ValueWhen( HP,
x-1, 1 )),LastValue( ValueWhen( LP, x-1, 1 )));
b = startvalue;
_SECTION_END();
//outsidebar = colour blue
//insidebar = colour black
//upbar = colour green
//downbar = colour red
//neutralbar = colour yellow
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outsidebar
insidebar
upbar
downbar
neutralbar
Good indicator