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Robert's Pivot Points for Amibroker (AFL)
kaiji
over 9 years ago
Amibroker (AFL)

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

Now a days each and every trader wants pivot levels for their day trading.But the main feature in this afl is you can get all types of pivot point in a single afl, Some of the traders use Woodie pivot, caramilla pivot, Fibonacci pivot and most of them used Classical pivot, i think this afl will solve all your needs.

By Robert Antony – arokiaraj_robert [at] yahoo.com

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Robert's Pivot Points");

//---------------------------------------------------------------------------
//                				Pivot Pointer
//---------------------------------------------------------------------------
//  Now a days each and every trader wants pivot levels for thier day 
//  trading.But the main feature in this afl is you can get all types of 
//  pivot point in a single afl, Some of the traders use Woodie pivot, 
//  caramilla pivot, Fibonacci pivot and most of them used Classical 
//  pivot, i think this afl will solve all your needs.
//---------------------------------------------------------------------------

//---------------------------------------------------------------------------
//  Please write your comments to arokiaraj_robert@yahoo.com
//---------------------------------------------------------------------------

//---------------------------------------------------------------------------
// This section gets whether they want pivot level for intraday or thier eod 
//---------------------------------------------------------------------------

_N(ioreod =ParamList("Pivot Levels for ",  "Intraday|EOD"));

if (ioreod=="Intraday") 
	{
		yh = TimeFrameGetPrice( "H", inDaily, -1 );
		yl = TimeFrameGetPrice( "L", inDaily, -1 );
		yc = TimeFrameGetPrice( "C", inDaily, -1 );
	}
else
	{
		yh = TimeFrameGetPrice( "H", inDaily, 0 );
		yl = TimeFrameGetPrice( "L", inDaily, 0 );
		yc = TimeFrameGetPrice( "C", inDaily, 0 );
	}

//---------------------------------------------------------------------------
//						 To calculate the Pivot Levels 
//---------------------------------------------------------------------------

to = TimeFrameGetPrice( "O", inDaily, 0 );
pivot = (yh + yl + yc) / 3;
range = yh - yl;
_N(pist =ParamList("Select Pivot Type ", "Classical Pivot|Woodie Pivot|Caramilla Pivot|Fibonacci Pivot"));

if (pist =="Classical Pivot" )
	{
		r1 = (2 * pivot) - yl ;
		s1 = (2 * pivot) - yh ;
		r2 = pivot - s1 + r1;
		s2 = pivot - (r1 - s1) ;
		r3 = 2 * (pivot - yl) + yh ;
		s3 = yl - (2 * (yh - pivot));
	}

else if(pist =="Woodie Pivot" )
	{
		pivot = (yh + yl + yc + to) / 4;
		r1 = (2 * pivot) - yl;
		r2 = pivot + range;
		r3 = yh + 2 * (pivot - yl);
		r4 = r3 + range;
		s1 = (2 * pivot) - yh;
		s2 = pivot - range;
		s3 = yl - 2 * (yh - pivot);
		s4 = S3 - range;
	}

else if(pist =="Caramilla Pivot" )
	{
		r4 = yc + range * 1.1/2;
		r3 = yc + range * 1.1/4;
		r2 = yc + range * 1.1/6;
		r1 = yc + range * 1.1/12;
		s1 = yc - range * 1.1/12;
		s2 = yc - range * 1.1/6;
		s3 = yc - range * 1.1/4;
		s4 = yc - range * 1.1/2;
	}

else 
	{
		r3 = pivot + 1.000 * (yh - yl);
		r2 = pivot + 0.618 * (yh - yl);
		r1 = pivot + 0.382 * (yh - yl); 
		s1 = pivot - 0.382 * (yh - yl); 
		s2 = pivot - 0.618 * (yh - yl); 
		s3 = pivot - 1.000 * (yh - yl);
	}

//---------------------------------------------------------------------------
//			 			To Plot Pivot Levels in the screen 
//---------------------------------------------------------------------------

_N(dsr =ParamList("Draw Intraday Pivot Levels ",  "None|Both|Support|Resistance"));

if (dsr =="Support" OR  dsr == "Both")
{
	Plot(pivot, "\n Pivot - ",colorGreen,1);
	Plot(r1, "Resistance 1 - ",colorDarkRed,1);
	Plot(r2, "Resistance 2 - ",colorDarkRed,1);
	Plot(r3, "Resistance 3 - ",colorDarkRed,1);
	Plot((pivot+r1)/2, "Mid Value of R1 & Pivot  ",colorLightBlue,1);
	Plot((r3+r2)/2, "Mid Value of R2 & R3 -  ",colorLightBlue,1);
	Plot((r1+r2)/2, "Mid Value of R1 & R2 - ",colorLightBlue,1);
}

if( dsr == "Resistance" OR  dsr == "Both")
{
	Plot(pivot, "\n Pivot - ",colorGreen,1);
	Plot(s3, "Support 2 - ",colorDarkGreen,1);
	Plot(s2, "Support 2 - ",colorDarkGreen,1);
	Plot(s1, "Support 1 - ",colorDarkGreen,1);
	Plot((s3+s2)/2, "Mid Value of S2 & S3 ",colorWhite,1);
	Plot((s1+s2)/2, "Mid Value of S1 & S2 -  ",colorWhite,1);
	Plot((pivot+s1)/2, "Mid Value of S1 & Pivot  ",colorWhite,1);
}

//---------------------------------------------------------------------------
//				 Printing the pivot level in interpretation window
//---------------------------------------------------------------------------


printf(Name()+ "\n\nResistance - 3  |  %g\nResistance - 2  |  %g\nResistance - 1  |  %g\n" + 
"Pivot                |  %g\nSupport - 1      |  %g\nSupport - 2      |  %g\nSupport - 3      |  %g",
r3,r2,r1,pivot,s1,s2,s3);


//---------------------------------------------------------------------------
//					 	This section is for Exploration 
//---------------------------------------------------------------------------

Filter = 1;
AddColumn(r3,"Resistance 3");
AddColumn(r2,"Resistance 2");
AddColumn(r1,"Resistance 1");
AddColumn(Pivot,"Pivot");
AddColumn(s1,"Support 1");
AddColumn(s2,"Support 2");
AddColumn(s3,"Support 3");

//---------------------------------------------------------------------------
//					 	Add Pivot levels along with the title
//---------------------------------------------------------------------------

_N(Title = EncodeColor(colorBrown)+ StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g(%.1f%%)\n"+
	EncodeColor(4)+"Resistance 3 -=- %g ::::: Resistance 2 -=- %g ::::: Resistance 1 -=- %g :::::"+
	EncodeColor(colorGreen)+" Pivot -=- %g"+
	EncodeColor(29)+"\nSupport 1 -=- %g ::::: Support 2 -=- %g ::::: Support 3 -=- %g\n ",
 O, H, L, C,SelectedValue( ROC( C, 1 ) ),r3,r2,r1,pivot,s1,s2,s3));

//---------------------------------------------------------------------------
//					 			End of Pivot Point 
//---------------------------------------------------------------------------

_SECTION_END();

2 comments

1. morgen

I work with EOD data.
Your .afl plot nothing.
What can I do?
Thank You

2. administrator

You need to enable it via parameters.

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