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#1 Selling Amibroker Plugin featuring:
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Daily High Low in Advance for Amibroker (AFL)
Rating:
3 / 5 (Votes 3)
Tags:
amibroker
This indicator is help full for day trader as it will show you todays high and low in advance as day starts.along with daily pivot.
By Rahul Yadav – yadavrahull [at] yahoo.com
Screenshots
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Indicator / Formula
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_SECTION_BEGIN( "daily high low in advance" );
TimeFrameSet(inDaily);
P = Ref((L + H + C),-1)/3;
" PPd:\t "+ P;
H1=Ref(H,-1);
" PPd:\t "+ H1;
H2=Ref(H,-2);
" PPd:\t "+ H2;
H3=Ref(H,-3);
" PPd:\t "+ H3;
L1=Ref(L,-1);
" PPd:\t "+ L1;
L2=Ref(L,-2);
" PPd:\t "+ L2;
L3=Ref(L,-3);
" PPd:\t "+ L3;
H= ( H1 +H2 + H3 )/3;
L= ( L1 +L2 + L3 )/3;
TimeFrameRestore();
Plot( TimeFrameExpand(P,inDaily,expandFirst),"",colorYellow,styleDashed);
Plot( TimeFrameExpand(( H1 +H2 + H3 )/3,inDaily,expandFirst),"",colorBlue,styleStaircase);
Plot( TimeFrameExpand(( L1 +L2 + L3 )/3,inDaily,expandFirst),"",colorRed,styleStaircase);
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", IIf(C> TimeFrameExpand(( H1 +H2 + H3 )/3,inDaily,expandFirst),colorBrightGreen,IIf(C<TimeFrameExpand(( L1 +L2 + L3 )/3,inDaily,expandFirst),colorRed,colorWhite ) ) , styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
_SECTION_BEGIN("stoploss");
NewDay = Day()!= Ref(Day(), -1);
nn = StrToNum(ParamList("Days", "1|2|3|4", 1));
DH = HHV( H,NewDay);
DL = LLV(L,NewDay);
DP=MA((DH+DL+C)/3,3) ;
Plot(DP,"DP",colorPink,styleDashed,0,0,1);
_SECTION_END();
3 comments
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Very good system for swing trade.
How to interpret this system.
Can you kindly explain me the buy and sell signals for intraday trading.
For intraday which time frame will suit for this AFL?
Thanks in advance.
Regards,
Gopal
where is high & where is low????
where we bye or sell plese explain