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elliotwave with single loop for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
amibroker, exploration

I got this code on yahoo group . It is elliotwave based on sigle loop.

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Elliotwave");
X=BarIndex(); 
p=Param("p",5,5,30,1);

z=Zig(C,p);Plot(C,"C",2,64);


CONDP=PeakBars(C,P)==0;SP=Cum(CONDP);
EP1=ValueWhen(CONDP,C,1);TP1=ValueWhen(CONDP,X,1);  
EP2=ValueWhen(CONDP,C,2);TP2=ValueWhen(CONDP,X,2); 
EP3=ValueWhen(CONDP,C,3);TP3=ValueWhen(CONDP,X,3); 
EP4=ValueWhen(CONDP,C,4);TP4=ValueWhen(CONDP,X,4); 
CONDT=TroughBars(C,P)==0;ST=Cum(CONDT);
ET1=ValueWhen(CONDT,C,1);TT1=ValueWhen(CONDT,X,1); 
ET2=ValueWhen(CONDT,C,2);TT2=ValueWhen(CONDT,X,2); 
ET3=ValueWhen(CONDT,C,3);TT3=ValueWhen(CONDT,X,3); 
ET4=ValueWhen(CONDT,C,4);TT4=ValueWhen(CONDT,X,4); 
ET5=ValueWhen(CONDT,C,5);TT5=ValueWhen(CONDT,X,5); 
// EW definition
EW8=EP3>EP4 AND EP2>EP3 AND EP2>EP1 AND ET4>ET5 AND ET3>ET2 AND 
ET2>ET1 AND ET3>ET4 AND ET4>ET5 AND CONDT;
COLOR=colorWhite;
PlotShapes(shapeDigit8*EW8,color);
G=Cum(CONDP OR CONDT);
GEW=SelectedValue(ValueWhen(EW8,G));
for(n=1;n<=9;n++)
{
PlotShapes((49-(2*n-(n%2)))*(G==GEW-n AND (n%2)*CONDP+(-1+n%2)
*CONDT),Color);
}
Plot(EW8,"",colorRed,2+styleOwnScale);
Plot(z,"",colorYellow,styleThick);
Filter=EW8;// explore for all quotations
AddColumn(C,"C");
GraphXSpace=8;
_SECTION_END();

1 comments

1. shariful

good effort

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