## How to use Modified Auto Fibonacci Levels Amibroker afl?

Modified Auto Fibonacci Levels gives you all major fibonacci levels for easy retracement prediction. The major levels are 38.2 and 50%. Modified Auto Fibonacci Levels afl plots these levels for you automatically. It works with all timeframe.

 Modified Auto Fibonacci Levels

//www.aflcode.com

ParamColor("BgBottom", ColorRGB( 172,172,172 )),ParamColor("titleblock",ColorRGB( 172,172,172 )));

_SECTION_BEGIN("Fib_Levels");
/*---------------------------------------------------
Automatic Fib Levels
Aron Pipa, December, 11, 2005
--------------------------------------------------------*/
SetChartOptions(0,chartShowArrows|chartShowDates);

Plot(C,"", IIf(C>O,colorGreen,colorRed) , styleCandle);
// Get values for fib levels

StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = startbar;
period = FinishBar - StartBar;

Lo =LLV(L,period);
Hi = HHV(H,period);
Line0 = 0;
Line1 = 0;
Line2 = 0;
Line3 = 0;
Line4= 0;
Line100 = 0;

for( i = startbar; i < finishbar; i++ )
{
if(EndValue(C)<SelectedValue(C))
{
Line0  = EndValue(Lo);
Line100 = EndValue(Hi);
Line1 = Line0 + abs(Line100-Line0)*0.236;
Line2 = Line0 + abs(Line100-Line0)*0.382;
Line3 = Line0 + abs(Line100-Line0)*0.5;
Line4 = Line0 + abs(Line100-Line0)*0.618;

}
else
{
Line100  = EndValue(Lo);
Line0 = EndValue(Hi);
Line1 =Line0 - abs(Line100-Line0)*0.236;
Line2 = Line0 - abs(Line100-Line0)*0.382;
Line3 = Line0 - abs(Line100-Line0)*0.5;
Line4 = Line0 - abs(Line100-Line0)*0.618;

}
}

// external fib lines begining fom selecetdbarindex()
fib0= LineArray(startbar, Line0, finishbar, Line0, 0, 1);
fib100 = LineArray(startbar, Line100, finishbar, Line100, 0, 1);

// depth of middle lines
n= round((finishbar-startbar)/2);

// middle lines
fib1= LineArray((finishbar-n), Line1, finishbar, Line1, 0, 1);
fib2= LineArray((finishbar-n), Line2, finishbar, Line2, 0, 1);
fib3= LineArray((finishbar-n), Line3, finishbar, Line3, 0, 1);
fib4= LineArray((finishbar-n), Line4, finishbar, Line4, 0, 1);

Plot(fib0,"", colorGreen);
Plot(fib100,"", colorRed);
Plot(fib1,"", colorYellow, styleDashed);
Plot(fib2,"", colorPink);
Plot(fib3,"", colorOrange);
Plot(fib4,"", colorLightBlue);

Title = Name() + " -  FIB LEVELS ";
_SECTION_END();
_SECTION_BEGIN("Auto_Analysis_Short-term_Reversals_Explo");
//------------------------------------------------------------------------------
//
//  Formula Name:    Auto Analysis Short-term Reversals Exploration
//  E-mail:          lvl@firstpacific.net
//  Origin:
//  Keywords:        short term reversals closing price hook island gap
//  Level:           basic
//  Flags:           exploration
//  Formula URL:     http://www.amibroker.com/library/formula.php?id=118
//  Details URL:     http://www.amibroker.com/library/detail.php?id=118
//
//------------------------------------------------------------------------------
//
//  Find Short Term Reversals - Closing Price, Hook, Island, Key, Open-Close
//  and Pivot Point Reversals using automatic analysis
//
//------------------------------------------------------------------------------

//NumColumns =4;

_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}}
Open %g, Hi %g, Lo %g, Close %g (%.1f%%)
Vol " +WriteVal( V, 1.0 ) +"  >> KEY REVERSALS << ", O, H, L, C, SelectedValue( ROC( C, 1 )) ));

Plot(C,"",colorBlack,styleBar);

/*Closing Price Reversals Automatic Analysis
by Larry Lovrencic*/
CPRbuy=O<(L+0.2*(H-L)) AND C>(H-0.2*(H-L)) AND H<Ref(H,-1) AND L<Ref(L,-1) AND C>Ref(C,-1);
CPRsell=O>(L+0.8*(H-L)) AND C<(H-0.8*(H-L)) AND H>Ref(H,-1) AND L>Ref(L,-1) AND C<Ref(C,-1);
/*Hook Reversals Automatic Analysis
by Larry Lovrencic*/

HRbuy=O<(L+0.2*(H-L)) AND C>(H-0.2*(H-L)) AND H<Ref(H,-1) AND L>Ref(L,-1);
HRsell=O>(L+0.8*(H-L)) AND C<(H-0.8*(H-L)) AND H<Ref(H,-1) AND L>Ref(L,-1);
/*Island Reversals Automatic Analysis
by Larry Lovrencic*/

IRsell=Ref(H,-2)<Ref(L,-1) AND H<Ref(L,-1);

/*Key Reversals Automatic Analysis
by Larry Lovrencic*/

KRsell=O>Ref(C,-1) AND H>Ref(H,-1) AND C<Ref(L,-1);

/*Open/Close Reversals Automatic Analysis
by Larry Lovrencic*/

OCRbuy=O<(L+0.2*(H-L)) AND C>(H-0.2*(H-L)) AND H<Ref(H,-1) AND L<Ref(L,-1) AND C<Ref(C,-1);
OCRsell=O>(L+0.8*(H-L)) AND C<(H-0.8*(H-L)) AND H>Ref(H,-1) AND L>Ref(L,-1) AND C>Ref(C,-1);
/*Pivot Point Reversals Automatic Analysis
by Larry Lovrencic*/

PPRsell=Ref(H,-1)>Ref(H,-2) AND Ref(H,-1)>H AND C<Ref(L,-1);

Sell=Short=CPRsell OR HRsell OR IRsell OR KRsell OR OCRsell OR PPRsell;
PlotShapes(shapeSmallCircle * Sell,colorWhite,0,H,5);

Filter=Buy OR Sell OR Short OR Cover;

_SECTION_END();
_SECTION_BEGIN("_Automatic Fib Levels");
/*---------------------------------------------------
Automatic Fib Levels
Aron Pipa, December, 11, 2005
modified by Kook 30 December 2005
--------------------------------------------------------*/

GraphXSpace=2;
Plot(C,"", colorWhite,styleBar);

// Get values for fib levels

StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = startbar;
period = FinishBar - StartBar;

Lo =LLV(L,period);
Hi = HHV(H,period);
Line0 = 0;
Line1 = 0;
Line2 = 0;
Line3 = 0;
Line4 = 0;
Line5 = 0;
Line6 = 0;
Line100 = 0;

for( i = startbar; i < finishbar; i++ )
{
if(EndValue(C)<SelectedValue(C))
{
Line0 = EndValue(Lo);
Line100 = EndValue(Hi);
Line1 = Line0 + abs(Line100-Line0)*0.382;
Line2 = Line0 + abs(Line100-Line0)*0.5;
Line3 = Line0 + abs(Line100-Line0)*0.618;
Line4 = Line0 + abs(Line100-Line0)*0.786;
Line5 = Line0 + abs(Line100-Line0)*1.618;
Line6 = Line0 + abs(Line100-Line0)*2.618;

}
else
{
Line100 = EndValue(Lo);
Line0 = EndValue(Hi);
Line1 =Line0 - abs(Line100-Line0)*0.382;
Line2 = Line0 - abs(Line100-Line0)*0.5;
Line3 = Line0 - abs(Line100-Line0)*0.618;
Line4 = Line0 - abs(Line100-Line0)*0.786;
Line5 = Line0 - abs(Line100-Line0)*1.618;
Line6 = Line0 - abs(Line100-Line0)*2.618;

}
}

// external fib lines begining fom selecetdbarindex()
fib0= LineArray(startbar, Line0, finishbar, Line0, 0, 1);
fib100 = LineArray(startbar, Line100, finishbar, Line100, 0, 1);

// depth of middle lines
n= round((finishbar-startbar)/2);

// middle lines
fib1= LineArray((finishbar-n), Line1, finishbar, Line1, 0, 1);
fib2= LineArray((finishbar-n), Line2, finishbar, Line2, 0, 1);
fib3= LineArray((finishbar-n), Line3, finishbar, Line3, 0, 1);
fib4= LineArray((finishbar-n), Line4, finishbar, Line4, 0, 1);
fib5= LineArray((finishbar-n), Line5, finishbar, Line5, 0, 1);
fib6= LineArray((finishbar-n), Line6, finishbar, Line6, 0, 1);

Plot(fib0,"", colorWhite, styleDashed, styleThick);
Plot(fib100,"", colorRed, styleDashed, styleThick);
Plot(fib1,"38.6%=", colorOrange);
Plot(fib2,"50%=", colorPink);
Plot(fib3,"61.8%=", colorPaleGreen);
Plot(fib4,"78.6%=", colorYellow);
Plot(fib5,"161.8%=", colorSkyblue);
//Plot(fib6,"", colorPink);

Title = Name() + " - Auto FIB LEVELS "
+"\n"+EncodeColor(colorOrange)+"38.6% = "+line1
+"\n"+EncodeColor(colorPink)+"50% = "+line2
+"\n"+EncodeColor(colorPaleGreen)+"61.8% = "+line3
+"\n"+EncodeColor(colorYellow)+"78.6% = "+line4
+"\n"+EncodeColor(colorSkyblue)+"161.8%= "+line5
+"\n "
;
_SECTION_END();

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