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Positional-Traders-Buy-Sell-Indicators



Positional-Traders-Buy-Sell-Indicators
Positional-Traders-Buy-Sell-Indicators





//www.aflcode.com
PositionSize = MarginDeposit = 1;
Z=Optimize("Z",Param("Zig",2,.1,10,0.1),.1,10,.1);
p=Param("Volume EMA",15,0,100,1);

Buy = Cover = C>Ref(C,-1) AND Ref(C,-1)>Ref(C,-2) AND V>EMA(V,p) AND Zig(C,Z)>Ref(Zig(C,Z),-1) ;
Sell = Short = C<Ref(C,-1) AND Ref(C,-1)<Ref(C,-2) AND V>EMA(V,p) AND Zig(C,Z)<Ref(Zig(C,Z),-1) ;

Filter = Buy OR Sell OR Short OR Cover;
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
Short = ExRem(Short,Cover);
Cover = ExRem(Cover,Short);
AddColumn( Ref(C,-2), "DAY BEFORE YESTERDAY " );
AddColumn( Ref(C,-1), "YESTERDAY " );
AddColumn( Close, "Close" );
AddColumn( V, "Volume" );
AddColumn( EMA(V,p), " EMA Volume "+P );
AddColumn( Zig(C,Z), "ZIG-ZAG" +Z );
PlotOHLC(O,H,L,C,"Price",IIf(C>O,colorGreen,colorRed),styleBar|styleThick);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                      
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); 
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                      
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);


/*http://www.traders.com/documentation...ackissues.html
go to 2009 Articles > June 2009 > Traders Tips



LISTING 1*/
Version(5.20); // requires v5.20
SetBarsRequired(sbrAll);

// get start date
Start = Cross( DateNum(), ParamDate("Start date", "2005-10-30" ) );
Started = Flip( Start, 0 );

StopMode = ParamList("Stop Mode", "Fixed|Chandelier|Modified ATR" );
StopLevel = Param("Fixed perc %", 14, 0.1, 50, 0.1)/100;
StopATRFactor = Param("ATR multiple", 4, 0.5, 10, 0.1 );
StopATRPeriod = Param("ATR period", 14, 3, 50 );

// calculate support and resistance levels
if( StopMode == "Fixed" ) // fixed percent trailing stop
{
sup = C * ( 1 - stoplevel );
res = C * ( 1 + stoplevel );
}
else // Chandelier ATR-based stop
if( StopMode == "Chandelier" )
{
sup = C - StopATRFactor * ATR( StopATRPeriod );
res = C + StopATRFactor * ATR( StopATRPeriod );
}
else
{
HL = H - L;
MAHL = 1.5 * MA( HL, StopATRPeriod );
HiLo = IIf( HL < MAHL, HL, MAHL );
H1 = Ref( H, -1 );
L1 = Ref( L, -1 );
C1 = Ref( C, -1 );
Href = IIf( L <= H1, H - C1, ( H - C1 ) - ( L - H1 ) / 2 );
Lref = IIf( H >= L1, C1 - L, ( C1 - L ) - ( L1 - H ) / 2 );

diff1 = Max( HiLo, HRef );
diff2 = Max( diff1, LRef );

ATRmod = Wilders( diff2, StopATRPeriod );

sup = C - StopATRFactor * ATRmod ;
res = C + StopATRFactor * ATRmod ;
}

// calculate trailing stop line
trailARRAY = Null;
trailstop = 0;
for( i = 1; i < BarCount; i++ )
{
if( Started[ i ] == 0 ) continue;

if( C[ i ] > trailstop AND C[ i - 1 ] > trailstop )
trailstop = Max( trailstop, sup[ i ] );
else
if( C[ i ] < trailstop AND C[ i - 1 ] < trailstop )
trailstop = Min( trailstop, res[ i ] );
else
trailstop = IIf( C[ i ] > trailstop, sup[ i ], res[ i ] );

trailARRAY[ i ] = trailstop;
}

// generate buy/sell signals based on crossover with trail stop line
//Buy = Start OR Cross( C, trailArray );
//Sell = Cross( trailArray, C );
//PlotShapes(Buy*shapeUpArrow,colorGreen,0,trailarray);
//PlotShapes(Sell*shapeDownArrow,colorRed,0,trailarray);
//Plot( Close,"Price",colorBlack,styleBar);
//SetBarFillColor( colorYellow );
Plot( trailARRAY,"trailing stop level", ParamColor( "Color", colorCycle ), ParamStyle("Style")); 

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