Swing Support and Resistance for Amibroker AFL –
Swing Support and Resistance for Amibroker AFL is saying everything, Formula for intraday traders. But i would say that this afl for all those people who want to trade again n again n again daily for small profits, that means this afl formula is for scalpers. So see first trend in max timeframes, and trade on that . for small profits with small stoploss. So scalp the trend with the formula.
HERE IS THE Swing Support and Resistance for Amibroker AFL
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//www.stockbangladesh.com // Mehedi Arafat _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); _SECTION_END(); _SECTION_BEGIN("SWING SUPPORT RESISTANCE"); LB= Param("Look Back Periods",10,1,30,1); R=ValueWhen(Cross(MA(C,LB),C),HHV(H,LB),1); S=ValueWhen(Cross(C,MA(C,LB)),LLV(L,LB),1); Color=IIf(O>C,colorBlack,colorBlue); Plot (R,"Res",colorLime,8+16); Plot (s,"Sup",colorRed,8+16); Plot (C,"Close",color,64,32); GraphXSpace=4; _SECTION_END(); |
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