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

ZigZag with buy and sell signals for Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
trading system, amibroker, zigzag, future

Hello

This is ZigZag with buy and sell signals.
You can choose Your own settings.

Regards

Similar Indicators / Formulas

MACD ZIG ZAG
Submitted by pulsar_7687 about 14 years ago
Zig Zag with valid entry and exit points
Submitted by mada8181 over 14 years ago
Wave Indicator
Submitted by nicotan78 almost 15 years ago
Omo Trade System
Submitted by omory about 14 years ago
Elder Triple Screen Trading System
Submitted by the_smart_trader over 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("zigzag3");
array = Close;
amount = Param("Amount", 15.5, 1, 50, 0.5 );
zz0 = Zig( array, amount );
zz1 = Ref( zz0, -1 );
zz2 = Ref( zz0, -2 );
tr = ValueWhen(zz0 > zz1 AND zz1 < zz2, zz1);
pk = ValueWhen(zz0 < zz1 AND zz1 > zz2, zz1);
PU = tr + 0.01 * abs(tr)*amount;
PD = pk - 0.01 * abs(pk)*amount;
ZZT = IIf( array >= PU AND zz0 > zz1, 1,
IIf( array <= PD AND zz0 < zz1, -1, 0 ) );
ZZT = ValueWhen( ZZT != 0, ZZT );
// plot price bar chart
Plot( Close, "Price", colorBlack, styleBar );
// plot Zigzag and zigzag trend
Plot( ZZT, "ZigZagTrend", colorRed, styleOwnScale );
Plot( zz0, "ZigZag line", colorBlue, styleThick );
// Plot the ribbon
ribboncol= IIf( ZZT > 0, colorGreen, colorRed );
Plot( 2, "ZZT Ribbon", ribboncol, styleArea | styleOwnScale | styleNoLabel, 0, 100 );
GraphXSpace = 10;
Buy = Cover = Cross( ZZT, 0 );
Sell = Short = Cross( 0, ZZT );
// plot arrows
PlotShapes( Buy + 2 * Sell, ribboncol, 0, IIf( Buy, L, H ), -30 );
_SECTION_END();

0 comments

Leave Comment

Please login here to leave a comment.

Back