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 ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Oscillator composite for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
trading system, amibroker, zig zag
Enjoy this indicator
Screenshots
Similar Indicators / Formulas
NAKSHATRA MODIFIED
Submitted
by vinay over 11 years ago
Buy Sell Nifty ver 2
Submitted
by ajeet almost 12 years ago
+ve-ve reverses
Submitted
by gangadhar about 13 years ago
Night Star
Submitted
by ajeet almost 12 years ago
Basic Trading System
Submitted
by morgen over 13 years ago
Arvind' System
Submitted
by akdabc almost 14 years ago
Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("zigExplorer");
//z_ZigZagValid
// ******** CHARTING
PercentChange = Param("Zig1",1.50,0,5,0.05);
ZZ = Zig(H,LastValue(PercentChange)) ;
//Plot ZigZag
//Plot(ZZ,"ZigZag", colorLightGrey,styleLine|styleThick|styleNoLabel);
//Plot(ZZ," ", BarColors,styleDots|styleNoLine);
//Plot(ROC(ZZ,1),"ZZ",colorRed,styleLine|styleOwnScale);
PivotLow = Ref(IIf(Ref(ROC(ZZ,1),-1) < 0 AND ROC(ZZ,1) > 0, 1, Null),1);
PivotHigh = Ref(IIf(Ref(ROC(ZZ,1),-1) > 0 AND ROC(ZZ,1) < 0, 1, Null),1);
/*
Buy_Valid = IIf(C>(1+(LastValue(PercentChange)/100))*(ValueWhen(PivotLow, C,1))
AND ROC(ZZ,1) > 0,1,0);
Sell_Valid = IIf(C<(1-(LastValue(PercentChange)/100))*(ValueWhen(PivotHigh, C,1))
AND ROC(ZZ,1) < 0,1,0);
*/
Buy_Valid = IIf(C>(1+(PercentChange/100))*(ValueWhen(PivotLow, C,1))
AND ROC(ZZ,1) > 0,1,0);
Sell_Valid = IIf(C<(1-(PercentChange/100))*(ValueWhen(PivotHigh, C,1))
AND ROC(ZZ,1) < 0,1,0);
Buy_Valid = ExRem(Buy_Valid,Sell_Valid);
Sell_Valid = ExRem(Sell_Valid,Buy_Valid);
//Plots the arrows
PlotShapes( shapeSmallUpTriangle*Buy_Valid, colorGreen,0, L, -12);
PlotShapes( shapeSmallDownTriangle*Sell_Valid, colorRed,0,H, -12) ;
BarColors =
IIf(BarsSince(Buy_Valid) < BarsSince(Sell_Valid)
AND BarsSince(Buy_Valid)!=0, colorGreen,
IIf(BarsSince(Sell_Valid) < BarsSince(Buy_Valid)
AND BarsSince(Sell_Valid)!=0, colorRed, colorBlue));
//Plot the Candlestick charts
Plot(C, "Close", BarColors, styleCandle ) ;
Title = Name() + " " + Date() + " Op=" + Open + " Hi=" + High + " Lo=" + Low + " C=" + Close + WriteIf(PivotLow, " Up Pivot
","")+WriteIf(PivotHigh," Down Pivot ","")+ WriteIf(Buy_Valid, " Buy Point ",
"") + WriteIf(Sell_Valid, " Sell Point ", "") ;
_SECTION_END();15 comments
Leave Comment
Please login here to leave a comment.
Back
DEAR ADMINISTRATOR,
I WANT TO KNOW WHY THIS FORMULA HAS NOT BEEN UPLOADED ON YOUR WEBSITE FOR OTHER MEMBERS AS THIS FORMULA IS TOTALLY ORIGINAL.
Dear aashish51,
Am try to see the “Oscillator composite for Amibroker (AFL)”
but not opened..!
(am already contribute some AFL to this site)
pls. give me details about.. how to open ?!!!
thank u.
Yes Admin Why This Afl Is Not Enable For Users Who Already Shared Afls To This Site
Can We Know ?
Thank You
For one reason or another it was not approved thus nobody can access it.
Thank You
Mr. Admin it is the reason we r interested in if not the formula.
ur site ur rule….!
thanx.
Almost 100% the same formula as http://www.wisestocktrader.com/indicators/881-zig-zag-indicator-with-valid-entry-and-exit-points
I don’t think this site needs more Zig Zag trading system formulas.
thanx….! admin for ur kind reply.
And really no more Zig-Zag plz….
This formula is totally different form (http://www.wisestocktrader.com/indicators/881) and it does not look into future. kindly recheck it.
Sir, Plz open this formula. I and also many other interested this formula. I search but this formula not in u r website.
Dear Admin,
Why do not you open this as the creator aashish51 is telling that its different from whats referred.
I believe, as you said, it is referring to future in one or otherway as you are more knowledgable & good decision maker.
Lets traders decide on their own & your help in contributing tradres is always appeciated.
My best regards,
Viswanath
Dear Admin, still the above formula not approved..
am try to use, but end result failed…
need ur help. thx
Approved because so many requested.
Thanks Admin, what you said is correct as zig zag refers future
Dear aashish,
thank u for ur indicator, which time frame is best one for this ?
waiting for ur reply. thank u.