Support Resistance Amibroker Afl –
Support Resistance 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 Support Resistance 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("Sup / Res Lines"); SRswitch = ParamToggle("Sup / Res Lines","On,Off"); CHLswitch = ParamToggle("Hi Low / Close","Hi Low,Close"); NoLines = Param("No of Lines",3,1,10,1); Sen = Param("Sensitivity",5,1,100,1); Rcolor=ParamColor( "Res Color", colorGreen ); Rstyle=ParamStyle( "Res Style", styleLine ); Scolor=ParamColor( "Sup Color", colorBrown ); Sstyle=ParamStyle( "Sup Style", styleLine ); y=0; x=0; for( i = 1; i < NoLines+1 ; i++ ) { Y[i]=LastValue(Peak(IIf(CHLswitch,C,H),Sen,i)); x[i]=BarCount - 1 - LastValue(PeakBars(IIf(CHLswitch,C,H),Sen,i)); Line = LineArray( x[i], y[i], Null, y[i], 1 ); Plot( IIf(SRswitch,Null,Line), "", Rcolor, Rstyle ); Y[i]=LastValue(Trough(IIf(CHLswitch,C,L),Sen,i)); x[i]=BarCount - 1 - LastValue(TroughBars(IIf(CHLswitch,C,L),Sen,i)); Line = LineArray( x[i], y[i], Null, y[i], 1 ); Plot( IIf(SRswitch,Null,Line), "", Scolor, Sstyle ); } _SECTION_END(); |
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