Previous Candle Low Break AFL For Short Traders |
//www.aflcode.com SetPositionSize(1, spsShares); SetBarsRequired(sbrAll, sbrAll); SetChartOptions(0,chartShowArrows|chartShowDates); SetChartBkGradientFill(colorBlack,colorBlack,colorBlack); SetBarFillColor(IIf(C>O,colorPaleBlue,IIf(C<=O,colorOrange,colorLightGrey))); Plot(C,"\nPrice",IIf(C>O,colorPaleBlue,IIf(C<=O,colorOrange,colorLightGrey)),64|styleNoTitle,0,0,0,0); GraphXSpace = 10; // Time Given for MCX You can Change this StartTime = ParamTime("Start Time", "10:00:00"); StopTime = ParamTime("End Time", "23:00:00"); Target = Param("Target %", 1, 0.1, 50, 0.01)/100; StopLoss = Param("Stop Loss %", 0.6, 0.1, 50, 0.01)/100; DCAL = DateNum(); HCAL = 0; HCALPrice = 0; LCALPrice = 0; CurDNPrice = 0; FirDNDNPrice = DCAL[0]; TN = TimeNum(); DT = DateTime(); LDT = DT[BarCount-1]; VOLPRICECAL = Null; VOLLOWPRICECAL = Null; HIGPRCCALC = Null; LOWPRCCALC = Null; PrevDay = 0; for(i = 1; i < BarCount; i++) { if(CurDNPrice != DCAL[i] && FirDNDNPrice != DCAL[i]) { VOLPRICECAL = HCALPrice; VOLLOWPRICECAL = LCALPrice; CurDNPrice = DCAL[i]; HCAL = 0; HCALPrice = 0; LCALPrice = 0; HIGPRCCALC[i-1] = Null; LOWPRCCALC[i-1] = Null; } HIGPRCCALC[i] = VOLPRICECAL; LOWPRCCALC[i] = VOLLOWPRICECAL; if(HCAL < Volume[i]) { HCAL = Volume[i]; HCALPrice = High[i]; LCALPrice = Low[i]; } } Plot(HIGPRCCALC, "Prev High", colorGrey50, styleStaircase|styleDashed); Plot(LOWPRCCALC, "Prev Low", colorGrey50, styleStaircase|styleDashed); Buy = Ref(Close > HIGPRCCALC, -1) AND TN > StartTime AND TN < StopTime AND TN > Ref(TN, -1); Short = Ref(Close < LOWPRCCALC, -1) AND TN > StartTime AND TN < StopTime AND TN > Ref(TN, -1); Sell = Ref(Close < LOWPRCCALC, 1) OR TN >= StopTime; Cover = Ref(Close > HIGPRCCALC, -1) OR TN >= StopTime; Buy = ExRem(Buy, Sell); Sell = ExRem(Sell, Buy); Short = ExRem(Short, Cover); Cover = ExRem(Cover, Short); BuyPrice = ValueWhen(Buy, Open); ShortPrice = ValueWhen(Short, Open); SellPrice = ValueWhen(Sell, Open); CoverPrice = ValueWhen(Cover, Open); LongTargetPrice = BuyPrice + (BuyPrice * Target); ShortTargetPrice = ShortPrice - (ShortPrice * Target); LongSLPrice = BuyPrice - (BuyPrice * Target); ShortSLPrice = ShortPrice + (ShortPrice * Target); Sell1 = High > LongTargetPrice; Sell2 = Low < LongSLPrice; Cover1 = Low < ShortTargetPrice; Cover2 = High > ShortSLPrice; Sell = Sell OR Sell1 OR Sell2; Cover = Cover OR Cover1 OR Cover2; SellPrice = IIf(Sell1, LongTargetPrice, IIf(Sell2, LongSLPrice, SellPrice)); CoverPrice = IIf(Cover1, ShortTargetPrice, IIf(Cover2, ShortSLPrice, CoverPrice)); Buy = ExRem(Buy, Sell); Sell = ExRem(Sell, Buy); Short = ExRem(Short, Cover); Cover = ExRem(Cover, Short); BuyPlotsCandles = (BarsSince(Buy)<BarsSince(Sell)) AND (BarsSince(Buy)!=0); ShortPlotCandles = (BarsSince(Cover)>BarsSince(Short)) AND (BarsSince(Short)!=0); Plot(IIf(BuyPlotsCandles, BuyPrice, Null), "Buy Price", colorYellow, styleStaircase|styleDashed); Plot(IIf(BuyPlotsCandles, LongTargetPrice, Null), "Long Target", colorBrightGreen, styleStaircase|styleDashed); Plot(IIf(BuyPlotsCandles, LongSLPrice, Null), "Long Target", colorCustom12, styleStaircase|styleDashed); Plot(IIf(ShortPlotCandles, ShortPrice, Null), "Short Price", colorYellow, styleStaircase|styleDashed); Plot(IIf(ShortPlotCandles, ShortTargetPrice, Null), "Short Target", colorBrightGreen, styleStaircase|styleDashed); Plot(IIf(ShortPlotCandles, ShortSLPrice, Null), "Short Target", colorCustom12, styleStaircase|styleDashed); Buyshape = Buy * shapeUpArrow; SellShape = Sell * shapeStar; PlotShapes( Buyshape, colorBrightGreen, 0, Low ); PlotShapes( SellShape, colorRed, 0, High ); Shortshape = Short * shapeDownArrow; CoverShape = Cover * shapeStar; PlotShapes( Shortshape, colorOrange, 0, High, -30); PlotShapes( CoverShape, colorTurquoise, 0, Low, -30 );
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