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 ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Alternative ZIG function for Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
amibroker, zigzag, atr

code uses the ATR function and the VSTOP function to calculate a ZIG type function. Using the parameter window you can display the ZIG function and the VSTOP function as well as the pivot points.

Screenshots

Similar Indicators / Formulas

Zig-Hi-Zag-Lo
Submitted by xavier over 12 years ago
ZigZag
Submitted by muthumkm almost 14 years ago
alcoba zigzag modified
Submitted by radenmasmaksum about 13 years ago
Alternative ZIG type function
Submitted by empottasch over 11 years ago
Zig-Zag Indicator with Buy/Sell Points
Submitted by atirock over 11 years ago

Indicator / Formula

Copy & Paste Friendly
// Amibroker AFL code, E.M.Pottasch, Oct 2012
// Alternative Zig type function based on ATR and the VSTOP function
function vstop_func(trBull,trBear)
{
	trailArray[0]=C[0];
	for(i=1;i<BarCount;i++)
	{
		prev=trailArray[i-1];
 
		if(C[i]>prev AND C[i-1]>prev)
		{
			trailArray[i]=Max(prev,C[i]-trBull[i]);
		}
		else if(C[i]<prev AND C[i-1]< prev)
		{
			trailArray[i]=Min(prev,C[i]+trBear[i]);
		}
		else if (C[i]>prev)
		{
			trailArray[i]=C[i]-trBull[i];
		}
		else
		{
			trailArray[i]=C[i]+trBear[i];	
		}
	}
	return trailArray;
}
x=xx=BarIndex();
tc=ParamList("Display Mode","ZIG|VSTOP|ZIG&VSTOP",0);
disp=ParamToggle("Display labels","Off|On",1);
perBull=Param("perBull",20,1,150,1);
perBear=Param("perBear",20,1,150,1);
multBull=Param("multBull",2,1,4,0.05);
multBear=Param("multBear",2,1,4,0.05);

trBull=multBull*ATR(perBull);
trBear=multBear*ATR(perBear);
trailArray = vstop_func(trBull,trBear);
ts=IIf(trailArray>C,trailArray,Null);
tl=IIf(trailArray<C,trailArray,Null);

lll=LLV(L,BarsSince(!IsEmpty(tl)));lll=IIf(ts,lll,Null);llls=lll;
ttt1=IIf((!IsEmpty(ts) AND IsEmpty(Ref(ts,1))) OR BarIndex()==BarCount-1,1,Null);
ttt=ValueWhen(ttt1,lll,0);ttt=IIf(ts,ttt,Null);ttt=IIf(ttt1,Ref(ttt,-1),ttt);
tr=L==ttt;lll=Sum(tr,BarsSince(!IsEmpty(tl)));
qqq=ValueWhen(ttt1,lll,0);qqq=IIf(ts,qqq,Null);qqq=IIf(ttt1,Ref(qqq,-1),qqq);tr=tr AND lll==qqq;
tr=IIf((!IsEmpty(ts) AND IsEmpty(Ref(ts,1)) AND IsEmpty(Ref(ts,-1))),1,tr);//exception
hhh=HHV(H,BarsSince(!IsEmpty(ts)));hhh=IIf(tl,hhh,Null);hhhs=hhh;
ttt1=IIf((!IsEmpty(tl) AND IsEmpty(Ref(tl,1))) OR BarIndex()==BarCount-1,1,Null);
ttt=ValueWhen(ttt1,hhh,0);ttt=IIf(tl,ttt,Null);ttt=IIf(ttt1,Ref(ttt,-1),ttt);
pk=H==ttt;hhh=Sum(pk,BarsSince(!IsEmpty(ts)));
sss=ValueWhen(ttt1,hhh,0);sss=IIf(tl,sss,Null);sss=IIf(ttt1,Ref(sss,-1),sss);pk=pk AND hhh==sss;
pk=IIf((!IsEmpty(tl) AND IsEmpty(Ref(tl,1)) AND IsEmpty(Ref(tl,-1))),1,pk);//exception

px0=ValueWhen(pk,x,0); tx0=ValueWhen(tr,x,0);
px1=ValueWhen(pk,x,1); tx1=ValueWhen(tr,x,1);
px2=ValueWhen(pk,x,2); tx2=ValueWhen(tr,x,2);
ph0=ValueWhen(pk,H,0); tl0=ValueWhen(tr,L,0);
ph1=ValueWhen(pk,H,1); tl1=ValueWhen(tr,L,1);
ph2=ValueWhen(pk,H,2); tl2=ValueWhen(tr,L,2);

switch(tc)
{
case("ZIG"):
aa1=IIf(px0>tx1,(ph0-tl1)/(px0-tx1),0);aa1=IIf(pk,Ref(aa1,-1),aa1);ls1=aa1*(xx-tx1)+tl1;
bb1=IIf(px0>tx1 AND px1<tx1,1,0);bb1=bb1+Ref(bb1,-1);bb1=IIf(bb1,1,0);ls1=IIf(bb1,ls1,Null);
Plot(ls1,"",colorBlue,styleLine,0,0,0,2,3);
aa1=IIf(tx0>px1,(tl0-ph1)/(tx0-px1),0);aa1=IIf(tr,Ref(aa1,-1),aa1);ls1=aa1*(xx-px1)+ph1;
bb1=IIf(tx0>px1 AND tx1<px1,1,0);bb1=bb1+Ref(bb1,-1);bb1=IIf(bb1,1,0);ls1=IIf(bb1,ls1,Null);
Plot(ls1,"",colorOrange,styleLine,0,0,0,2,3);
break;
case("VSTOP"):
Plot(ts,"\ntrailShort",colorRed,styleLine,0,0,0,1,1);
Plot(llls,"",colorRed,styleDashed,0,0,0,1,1);
Plot(tl,"\ntrailLong",colorGreen,styleLine,0,0,0,1,1);
Plot(hhhs,"",colorGreen,styleDashed,0,0,0,1,1);
break;
case("ZIG&VSTOP"):
aa1=IIf(px0>tx1,(ph0-tl1)/(px0-tx1),0);aa1=IIf(pk,Ref(aa1,-1),aa1);ls1=aa1*(xx-tx1)+tl1;
bb1=IIf(px0>tx1 AND px1<tx1,1,0);bb1=bb1+Ref(bb1,-1);bb1=IIf(bb1,1,0);ls1=IIf(bb1,ls1,Null);
Plot(ls1,"",colorBlue,styleLine,0,0,0,2,3);
aa1=IIf(tx0>px1,(tl0-ph1)/(tx0-px1),0);aa1=IIf(tr,Ref(aa1,-1),aa1);ls1=aa1*(xx-px1)+ph1;
bb1=IIf(tx0>px1 AND tx1<px1,1,0);bb1=bb1+Ref(bb1,-1);bb1=IIf(bb1,1,0);ls1=IIf(bb1,ls1,Null);
Plot(ls1,"",colorOrange,styleLine,0,0,0,2,3);
Plot(ts,"\ntrailShort",colorRed,styleLine,0,0,0,1,1);
Plot(llls,"",colorRed,styleDashed,0,0,0,1,1);
Plot(tl,"\ntrailLong",colorGreen,styleLine,0,0,0,1,1);
Plot(hhhs,"",colorGreen,styleDashed,0,0,0,1,1);
break;
}

GraphXSpace = 5;
SetChartOptions(0, chartShowDates);
SetBarFillColor(IIf(C>O,ParamColor("Candle Up Color", colorBrightGreen),IIf(C<=O,ParamColor("Candle Down Color", colorRed),colorLightGrey)));
//Plot(C,"Price",IIf(!IsEmpty(tl),ParamColor("Shadow Uptrend Color", ColorRGB(0,120,0)),IIf(!IsEmpty(ts),ParamColor("Shadow Downtrend Color", ColorRGB(120,0,0)),colorLightGrey)),64,0,0,0,0,1);
Plot(C,"Price",IIf(C>O,ParamColor("Shadow Up Color", ColorRGB(0,255,0)),IIf(C<=O,ParamColor("Shadow Color", ColorRGB(255,0,0)),colorLightGrey)),64,0,0,0,0,1);

PlotShapes(shapeSmallCircle*tr,colorGreen,0,L,-10);
PlotShapes(shapeSmallCircle*pk,colorRed,0,H,10);

dxhm=14;dxlm=10;dxh=0;dxl=0;dyhm=5;dylm=3;dyh=18;dyl=29;hm=30;lm=30;
function GetVisibleBarCount() 
{
	lvb=Status("lastvisiblebar");
	fvb=Status("firstvisiblebar");
	return Min(lvb-fvb,BarCount-fvb);
} 
function GfxConvertPixelsToBarX(Pixels)
{
	lvb=Status("lastvisiblebar");
	fvb=Status("firstvisiblebar");
	pxchartleft=Status("pxchartleft");
	pxchartwidth=Status("pxchartwidth");
	fac=pxchartwidth/Pixels;
	bar=(lvb-fvb)/fac;
	return bar;
} 
function GfxConvertPixelToValueY(Pixels) 
{
	local Miny,Maxy,pxchartbottom,pxchartheight;
	Miny=Status("axisminy");
	Maxy=Status("axismaxy");
	pxchartbottom=Status("pxchartbottom");
	pxchartheight=Status("pxchartheight");
	fac=pxchartheight/Pixels;
	Value=(Maxy-Miny)/fac;
	return Value;
} 
if(disp)
{
ll=tr AND tl1<tl2;
hl=tr AND tl1>tl2;
hh=pk AND ph1>ph2;
lh=pk AND ph1<ph2;
dt=pk AND ph1==ph2;
db=tr AND tl1==tl2;

miny=Status("axisminy");
maxy=Status("axismaxy");
AllVisibleBars=GetVisibleBarCount();
fvb=Status("firstvisiblebar");
LowMargin=Miny+GfxConvertPixelToValueY(lm);
HighMargin=Maxy-GfxConvertPixelToValueY(hm);
dyllm=GfxConvertPixelToValueY(dylm);
dyhhm=GfxConvertPixelToValueY(dyhm);
dyll=GfxConvertPixelToValueY(dyl);
dyhh=GfxConvertPixelToValueY(dyh);
dxllm=GfxConvertPixelsToBarX(dxlm);
dxhhm=GfxConvertPixelsToBarX(dxhm);
dxll=GfxConvertPixelsToBarX(dxl);
dxhh=GfxConvertPixelsToBarX(dxh);

for(i=0;i<AllVisibleBars;i++) 
{
	if(ll[i+fvb] AND L[i+fvb]>LowMargin) PlotText("LL",i+fvb+dxll,L[i+fvb]-dyll,colorWhite,colorBlack);
	if(ll[i+fvb] AND L[i+fvb]<=LowMargin) PlotText("LL",i+fvb+dxll+dxllm,L[i+fvb]-dyllm,colorWhite,colorBlack);
	if(hl[i+fvb] AND L[i+fvb]>LowMargin) PlotText("HL",i+fvb+dxll,L[i+fvb]-dyll,colorWhite,colorBlack);
	if(hl[i+fvb] AND L[i+fvb]<=LowMargin) PlotText("HL",i+fvb+dxll+dxllm,L[i+fvb]-dyllm,colorWhite,colorBlack);
	if(db[i+fvb] AND L[i+fvb]>LowMargin) PlotText("DB",i+fvb+dxll,L[i+fvb]-dyll,colorWhite,colorBlack);
	if(db[i+fvb] AND L[i+fvb]<=LowMargin) PlotText("DB",i+fvb+dxll+dxllm,L[i+fvb]-dyllm,colorWhite,colorBlack);	
	if(hh[i+fvb] AND H[i+fvb]<HighMargin) PlotText("HH",i+fvb+dxhh,H[i+fvb]+dyhh,colorWhite,colorBlack);
	if(hh[i+fvb] AND H[i+fvb]>=HighMargin) PlotText("HH",i+fvb+dxhh+dxhhm,H[i+fvb]+dyhhm,colorWhite,colorBlack);	
	if(lh[i+fvb] AND H[i+fvb]<HighMargin) PlotText("LH",i+fvb+dxhh,H[i+fvb]+dyhh,colorWhite,colorBlack);
	if(lh[i+fvb] AND H[i+fvb]>=HighMargin) PlotText("LH",i+fvb+dxhh+dxhhm,H[i+fvb]+dyhhm,colorWhite,colorBlack);		
	if(dt[i+fvb] AND H[i+fvb]<HighMargin) PlotText("DT",i+fvb+dxhh,H[i+fvb]+dyhh,colorWhite,colorBlack);
	if(dt[i+fvb] AND H[i+fvb]>=HighMargin) PlotText("DT",i+fvb+dxhh+dxhhm,H[i+fvb]+dyhhm,colorWhite,colorBlack);	
}
}

14 comments

1. anandnst

2 error found in above formula.

Admin kindly fix them.

Thanx you

2. administrator

All fine here anandnst

3. anandnst

Admin it is giving errors in Amibroker ver 5.50. Line no 82 and 85 … pls check n fix them

I cant post the preview(Pic), else i would

Thnx you in advance.

4. hmsanil

Hi

Errors reported in the following lines,“Too Many Arguments”

Plot(ls1,"",colorBlue,styleLine,0,0,0,2,3);

Plot(ls1,"",colorOrange,styleLine,0,0,0,2,3);

Plot(C,“Price”,IIf(C>O,ParamColor(“Shadow Up Color”, ColorRGB(0,255,0)),IIf(C<=O,ParamColor(“Shadow Color”, ColorRGB(255,0,0)),colorLightGrey)),64,0,0,0,0,1);

Please help us to sort it out

Thanks
Sudha

5. shariful

I am not a coder,so seeking apology in advance if I m wrong,I fixed it through below simple process..and working nicely
Replace error showing 3 lines with modified lines as quoted below..
Pls inform whether works in your Ami too..

Plot(ls1,"",colorBlue,styleLine,0,0,2,3);

Plot(ls1,"",colorOrange,styleLine,0,0,2,3);

Plot(C,“Price”,IIf(C>O,ParamColor(“Shadow Up Color”, ColorRGB(0,255,0)),IIf(C<=O,ParamColor(“Shadow Color”, ColorRGB(255,0,0)),colorLightGrey)),64,0,0,0,1);

6. empottasch

the errors you find are all due to the fact that you are using an old version of Amibroker. You can just adjust the number of parameters in the Plot statement and it will work. An extra parameter was added in version 5.52. release statement:

Charts: Plot/PlotForeign/PlotOHLC now adds extra parameter “width” that controls the width of the line. Positive values specify PIXEL width, negative values specify width in percent of current bar width. So for example -20 will give you dynamic width that is 20% of bar width. Example:
Plot( C, “Close”, colorBlack, styleBar, Null, Null, 0, 1, -20 /* line width as percent of bar */ );

7. hmsanil

Hi,

shariful and empottasch, its working right now. Thanks for your kind help

Sudha

8. sjagadish4u

THANKS i am really thankful to all contributors and to this website. i have also contributed some nice afls but i dont know why admin is not publishing them

9. extremist

for those who r still getting error:
In Amibroker 5.6
Plot( array, name, color/barcolor, style = styleLine, minvalue = {empty}, maxvalue = {empty}, XShift = 0, Zorder = 0, width = 1 )

so please delete the last digit and last comma and the code will be done.

e.g.Line 82:
Plot(ls1,"",colorBlue,styleLine,0,0,0,2,3);
replace it by :

Plot(ls1,"",colorBlue,styleLine,0,0,0,2);

likewise do it for all PLOT lines.

Thanx…!

10. hotaro3

for removing error simply remove 0ne of zero from plot function in errored lines

11. anandnst

Yes after removing One of the zero from every error line.. It is working fine now.

Thnx you

12. vbarenho

Monster Ed!
Thank you, good contribution

13. adesara

Master work, Pottasch!

14. ll98123

Thanks

Leave Comment

Please login here to leave a comment.

Back