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Sharone System for Amibroker (AFL)
panno
almost 9 years ago
Amibroker (AFL)

Rating:
4 / 5 (Votes 5)
Tags:
trading system, amibroker, support, resistance

This is good system for day trade

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("sheroune"); 
Col = IIf(C > O,colorGreen,colorRed); 
Plot(C,"",col,styleBar+styleThick);

_SECTION_END();

_SECTION_BEGIN("Support-Resistance");
SupRes=ParamToggle("Sup-Res","No|Yes",1);
SupResA = Param("Sup-Res A Period",20,0,100,1); 
SupResB = Param("Sup-Res B Period",25,0,100,1);

Res1 = ParamColor("Resistance High", colorRed );
Res2 = ParamColor("Resistance Low", colorDarkRed );
Sup1 = ParamColor("Support High", colorDarkGreen );
Sup2 = ParamColor("Support Low", colorBrightGreen );
if(SupRes)
{
MaxGraph = 12;
BuyOffSet = SupResA;//Optimize("BuyOffSet",18,15,20,1);
SellOffset = BuyOffSet;//Optimize("SellOffset",2,2,14,2);
RegLength = 5;//Optimize("RegLength",5, 2,11,2);
BuyATRPeriod = 2;//Optimize("BuyATRPeriod",2,2,5,1);
SellATRPeriod = BuyATRPeriod;//Optimize("SellATRPeriod",4,2,11,2);
ATRMultiplier = 0.5;//Optimize("ATRMultiplier",1,0.7,1.25,.05);
SuppA = HHV(H-ATRMultiplier*ATR(BuyATRPeriod),BuyOffset); /* RED */
RessB = LLV(L+ATRMultiplier*ATR(SellATRPeriod),SellOffset); /* GREEN */
Plot(SuppA,"",sup1,ParamStyle("Sup-Res A Style", styleDashed|styleNoTitle) );
Plot(RessB,"",res2,ParamStyle("Sup-Res A Style", styleDashed|styleNoTitle) ); 

nn=SupResB;
mmm=100;
TYP=(High + Low + 2*Close)/4;
CI=(TYP-MA(TYP,14))/(0.015*StDev(TYP,14));
CCCI=EMA(CI,5)+mmm;
Hh=HHV(H,nn);
Ll=LLV(L,nn);
MM=(Hh+Ll)/2;
CCCC=EMA(CCCI*(Hh-Ll)/(2*mmm)+Ll,5);
Plot(Hh,"",Res1, ParamStyle("Sup-Res B Style", styleThick|styleNoTitle) );
Plot(Ll,"",Sup2, ParamStyle("Sup-Res B Style", styleThick|styleNoTitle) ) ;
}
_SECTION_END();


Buy = Cross(H,Ref(Hh,-1));
Short = Cross (Ref(Ll,-1),L);
Cover = Buy;
Sell = Short;
PlotShapes(shapeUpArrow*Buy,colorWhite);
PlotShapes(shapeDownArrow*Short,colorWhite);

/* ****************************************
// -- Done with discovering and plotting pivots 
***************************************** */ 
Title = EncodeColor(colorWhite)+ "SHEROUNE ka SYSTEM" + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "+
"\n"+
WriteIf(H > Ref(H,-1),EncodeColor(colorGreen),EncodeColor(colorRed))+"              Hi "+H+"\n"+ 
EncodeColor(colorWhite)+"Op "+O+EncodeColor(colorAqua)+" Cl : " +C+"\n"+
WriteIf(L < Ref(L,-1),EncodeColor(colorRed),EncodeColor(colorGreen))+"              Lo "+L
+"\n"+"\n"+
EncodeColor(colorBrightGreen)+"Place Reversal for Short at :  "+Hh
+"\n"+
EncodeColor(colorRed)+"Place Reversal for Long at :  "+Ll
;

6 comments

1. ashraf8423

Very good indicator. Thanks a lot..

2. ravishankar420

gr8 work…thx a lot…

3. rakan

very good, but i have my way of translating the B&S triger.
thanks

4. ugur88

how can i download this indicator and is this good for binary option? Please help me with downloaden

5. administrator

Look for the “Copy & Paste Friendly” button just above the formula.

6. MrGhiTai

very good

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