//www.aflcode.com _SECTION_BEGIN("Pivot Trading System"); // User defined parameters. GraphXSpace = 10; //defines how much extra space should be added above and below graph line (in percent). dist = 0.25*ATR(10); Capital=Param("Total capital",100000,10000,1000000,1000); drawdown=Param("Max. loss per trade as % of Capital", 1.0,0.5,25.0,0.1); room=Param("Room for S/L as % of Pivot value",0.001,0.001,0.02,0.001); PH= ValueWhen( (Ref(H,-2) > Ref(H, -4)) AND (Ref(H,-2) > Ref(H, -3)) AND (Ref(H,-2) > Ref(H, -1)) AND (Ref(H,-2) > H), Ref(H,-2)); PL= ValueWhen( (Ref(L,-2) <= Ref(L, -4)) AND (Ref(L,-2) <= Ref(L, -3)) AND (Ref(L,-2) <= Ref(L, -1)) AND (Ref(L,-2) <= L), Ref(L,-2)); phfilter=PH+(room*PH); plfilter=PL-(room*PL); Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorRed), styleDashed); Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorGreen), styleDashed); Plot(Ref(Phfilter,2), "Upfilter", ParamColor("upfilter Color",colorRed), styleLine); Plot(Ref(Plfilter,2), "Downfilter",ParamColor("dnfilter Color",colorGreen), styleLine); for (a=4;a<BarCount;a++) { if ((H[a-2] >= H[a-4]) AND (H[a-2] >= H[a-3]) AND (H[a-2] >= H[a-1]) AND (H[a-2] >= H[a])) PlotText("PH", a-2, H[a-2], colorGreen); if ((L[a-2] <= L[a-4]) AND (L[a-2] <= L[a-3]) AND (L[a-2] <= L[a-1]) AND (L[a-2] <= L[a])) PlotText("PL", a-2, L[a-2]-dist[a-2], colorRed); } //Condition for buy : Enter when Close crosses latest pivot high. Buy = C> (PH+(room*PH)); initialStopBuy=Ref(PL,2)-(Ref(PL,2)*room/100); trailStopBuy=IIf(C>PH,Ref(initialStopBuy,-1),initialStopBuy); newStopBuy=trailStopBuy; BuyLimitCapital=int(Capital/C); SLbuy=round(C-initialStopBuy); BuyLimitSL=int((Capital*drawdown)/(100*SLbuy)); //Condition for sell : Exit when previous pivot low is cracked. Sell = C< (PL-(room*PL)); Buy = ExRem(Buy,Sell); Sell= ExRem(Sell,Buy); Short = Sell; Cover = Buy; Short=ExRem(Short,Cover); Cover=ExRem(Cover,Short); shape = Buy * shapeUpArrow + Sell * shapeDownArrow; PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) ); _SECTION_END(); _SECTION_BEGIN("Macd coloured price"); //============================================candle sticks======================= a = Param("fast macd period",3,1,100,1); b = Param("slow macd period",34,1,100,1); Up_MACD_TRIX = MACD( a, b ) > Ref(MACD(a,b),-1); Down_MACD_TRIX = MACD( a, b ) < Ref(MACD(a,b),-1); Colormacd = IIf(Up_MACD_TRIX,colorLime,IIf(Down_MACD_TRIX,colorRed,colorCustom12)); PlotOHLC( Open, High, Low, Close, "", Colormacd, styleBar ); _SECTION_END();
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