Reversal point identifier best afl ever


Reversal point identifier best afl ever

//www.aflcode.com
_SECTION_BEGIN("Pivot Identifier");
 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", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 

 dist = 0.5*ATR(10);
 //code and plot the pivot top
 PivotTop = L < Ref(L,-1) AND H < Ref(H,-1) AND Ref(L,-1) < Ref(L,-2) AND Ref(H,-1) < Ref(H,-2) AND Ref(H,-2) > Ref(H,-3) AND Ref(L,-2) > Ref(L,-3);
 PivotBottom = H > Ref(H,-1) AND L > Ref(L,-1) AND
 Ref(H,-1) > Ref(H,-2) AND Ref(L,-1) > Ref(L,-2) AND
 Ref(L,-2) < Ref(L,-3) AND Ref(H,-2) < Ref(H,-3);
 for( i = 0; i < BarCount; i++ ) 
 { 
 if( PivotTop [i] ) PlotText( "PVT", i-2, H[ i-2 ], colorGreen ); 
 if( PivotBottom [i] ) PlotText( "PVB", i-2, L[ i-2 ] - dist[i] , colorRed );
 }
 _SECTION_END();
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