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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Simple&Best for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
amibroker
It is very simple & best, mostly successful. Buy at supports and exit at resistances. short sell at resistances and exit at supports. Two supports and two resistances. Good for stocks mostly.
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Indicator / Formula
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_SECTION_BEGIN("Intraday Pivot");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +"
{{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
H1=SelectedValue( TimeFrameGetPrice( "H", inDaily, -1 ));
L1=SelectedValue(TimeFrameGetPrice( "L", inDaily, -1 ));
C1=SelectedValue(TimeFrameGetPrice( "C", inDaily, -1 ));
//PP = Pr High + Pr Low + Pr Close;
//High1 = ((((Pr Close + Pr High)/2)/3)*2) + (TodayOpen /3) ;
//Low1 = ((((Pr Close + Pr Low)/2)/3)*2) + (TodayOpen /3) ;
// Pivot Point Calculation /////////
PP= (H1 + L1 + C1)/3;
High1=((((C1 + H1)/2)/3)*2) + (O /3) ;
Low1 = ((((C1 + L1)/2)/3)*2) + (O /3) ;
High2= High1 + (High1- Low1);
Low2 = Low1 - (High1- Low1);
Plot (PP,"Pivot",colorOrange,styleLine+styleNoRescale);
Plot (High1,"H1",colorViolet,styleLine|styleNoRescale);
Plot (High2,"H2",colorViolet,styleLine|styleNoRescale);
Plot (Low1,"L1",colorGreen,styleLine|styleNoRescale);
Plot (Low2,"L2",colorGreen,styleLine|styleNoRescale);
_SECTION_END();
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What part of formula identifies Support … ditto Resistance. I would like to have BUY – SELL signals in formula so an Exploration could be developed
Dick @ areehoi@yahoo.com