Aban

Prachi Selvan

Posted By Prachi Selvan:
Prachi Selvan is a Knowledgeable Experienced Seasoned Investor

Pantaloon - Looking Bottomed Out

Pantaloon looking bottomed out with MACD positive divergence formation.

Pidilite Industries

Pidilite has been in a strong positive trend. Some consolidation seems to be up on cards.

Chambal Fertilizers

The Positive MACD Divergence worked here with the ADX cooling off its negative trend. Chambal also as a positive MACD Divergence on Daily charts. Keep the middle BB as the first target.

Century Textiles - Watch

Century Textiles is in the formation of a Positive MACD Divergence  But the negative trend has to steam out for the further move. The ADX turning down with MACD zero cross up shall bring the move.

Castrol India

Castrol India is still in a negative mode. The weekly chart is on a verge of a negative ADX Cross Over.

Axis Bank - Waiting to Bounce

Axis Bank is still in a negative trend but has formed a positive MACD Div and has taken the support of 200 days EMA. Would bounce back on negative trend becoming weaker with the MACD Div first tick up.

Sun Pharma - Reached its First Target

As posted here http://prasadbrao.blogspot.in/2013/03/sun-pharma-short-term-break_4256.html  Sun Pharma Reached its First Target.

Ambuja Cements - Still Negative

Gartley

_SECTION_BEGIN("Price");

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() ); 

_SECTION_END();

_SECTION_BEGIN("Price");

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() ); 

_SECTION_END();

// Gartley 222 Pattern Indicator Plot

//

// Ported by Daniel Ervi from code originally posted for Wealth-Lab by Mark Conway.

// Based on the August 2003 article in Active Trader Magazine.

//

// Usage:  Gartley222(VPFactor, Tolerance, Lookback)

//         VPFactor adjusts swing size percentage (Zig Zag)

//         Tolerance adjusts percentage tolerance from ideal pattern specification

//         Lookback adjusts volatility calculation

procedure Gartley222(VPFactor, Tolerance, Lookback)

{

  F1 = 0.618;

  F2 = 0.786;

  F3 = 1.27;

  F4 = 1.618;

  // Setup volatility adjusted reversal array

  VP = 100 * ATR(Lookback) / Close;

  Reversal = int(VPFactor * VP);

  for(Bar = 50; Bar < BarCount; Bar++) 

  { 

    // Build Peak and Trough arrays

    P1    = Peak(High, Reversal[Bar]);

    P1Bar = Bar - PeakBars(High, Reversal[Bar]);

    P2    = Peak(High, Reversal[Bar], 2);

    P2Bar = Bar - PeakBars(High, Reversal[Bar], 2);

    T1    = Trough(Low, Reversal[Bar]);

    T1Bar = Bar - TroughBars(Low, Reversal[Bar]);

    T2    = Trough(Low, Reversal[Bar], 2);

    T2Bar = Bar - TroughBars(Low, Reversal[Bar], 2);

    // Test for a bullish 222

    // Trough X is T2

    // Peak A is P2

    // Trough B is T1

    // Peak C is P1

    // D is the Buy point

    D = Low[Bar];

    PTValid = (P1Bar[Bar] > T1Bar[Bar]) AND (T1Bar[Bar] > P2Bar[Bar]) AND (P2Bar[Bar] > T2Bar[Bar]);

    HLValid = (P1[Bar] < P2[Bar]) AND (T1[Bar] > T2[Bar]) AND (P1[Bar] > T1[Bar]);

    InZone  = (D < T1[Bar]) AND (D > T2[Bar]);

    if(PTValid AND HLValid AND InZone)

    {

      XA = P2[Bar] - T2[Bar];

      AB = P2[Bar] - T1[Bar];

      BC = P1[Bar] - T1[Bar];

      CD = P1[Bar] - D;

      AD = P2[Bar] - D;

      ABdXA = AB / XA; // AB should be 61.8% of XA

      C1    = (ABdXA > F1 - Tolerance) AND (ABdXA < F1 + Tolerance);

      BCdAB = BC / AB; // BC should be 61.8-78.6% of AB

      C2    = (BCdAB > F1 - Tolerance) AND (BCdAB < F2 + Tolerance);

      CDdBC = CD / BC; // CD should be 127-161.8% of BC}

      C3    = (CDdBC > F3 - Tolerance) AND (CDdBC < F4 + Tolerance);

      ADdXA = AD / XA; // AD should be 78.6% of XA}

      C4    = (ADdXA > F2 - Tolerance) AND (ADdXA < F2 + Tolerance);

      if(C1 AND C2 AND C3 AND C4)

      {

        // Bullish Gartley found.  Draw pattern.

        PlotXA = LineArray(T2Bar[Bar], T2[Bar], P2Bar[Bar], P2[Bar]);

        Plot(PlotXA, "", colorBlue, styleLine + styleThick);

        PlotAB = LineArray(P2Bar[Bar], P2[Bar], T1Bar[Bar], T1[Bar]);

        Plot(PlotAB, "", colorBlue, styleLine + styleThick);

        PlotBC = LineArray(T1Bar[Bar], T1[Bar], P1Bar[Bar], P1[Bar]);

        Plot(PlotBC, "", colorBlue, styleLine + styleThick);

        PlotCD = LineArray(P1Bar[Bar], P1[Bar], Bar, D);

        Plot(PlotCD, "", colorBlue, styleLine + styleThick);

        PlotBD = LineArray(T1Bar[Bar], T1[Bar], Bar, D);

        Plot(PlotBD, "", colorDarkBlue, styleSwingDots );

        PlotXD = LineArray(T2Bar[Bar], T2[Bar], Bar, D);

        Plot(PlotXD, "", colorDarkBlue, styleSwingDots );

        PlotXB = LineArray(T2Bar[Bar], T2[Bar], T1Bar[Bar], T1[Bar]);

        Plot(PlotXB, "", colorDarkBlue, styleSwingDots );

      }

    }

    // Test for a bearish 222

    // Peak X is P2

    // Trough A is T2

    // Peak B is P1

    // Trough C is T1

    // D is the Buy point

    D = High[Bar];

    PTValid = (T1Bar[Bar] > P1Bar[Bar]) AND (P1Bar[Bar] > T2Bar[Bar]) AND (T2Bar[Bar] > P2Bar[Bar]);

    HLValid = (T1[Bar] > T2[Bar]) AND (P1[Bar] < P2[Bar]) AND (T1[Bar] < P1[Bar]);

    InZone  = (D > P1[Bar]) AND (D < P2[Bar]);

    if(PTValid AND HLValid AND InZone)

    {

      XA = P2[Bar] - T2[Bar];

      AB = P1[Bar] - T2[Bar];

      BC = P1[Bar] - T1[Bar];

      CD = D - T1[Bar];

      AD = D - T2[Bar];

      ABdXA = AB / XA; // AB should be 61.8% of XA

      C1    = (ABdXA > F1 - Tolerance) AND (ABdXA < F1 + Tolerance);

      BCdAB = BC / AB; // BC should be 61.8-78.6% of AB

      C2    = (BCdAB > F1 - Tolerance) AND (BCdAB < F2 + Tolerance);

      CDdBC = CD / BC; // CD should be 127-161.8% of BC}

      C3    = (CDdBC > F3 - Tolerance) AND (CDdBC < F4 + Tolerance);

      ADdXA = AD / XA; // AD should be 78.6% of XA}

      C4    = (ADdXA > F2 - Tolerance) AND (ADdXA < F2 + Tolerance);

      if(C1 AND C2 AND C3 AND C4)

      {

        // Bearish Gartley found.  Draw pattern.

        PlotXA = LineArray(P2Bar[Bar], P2[Bar], T2Bar[Bar], T2[Bar]);

        Plot(PlotXA, "", colorRed, styleLine + styleThick);

        PlotAB = LineArray(T2Bar[Bar], T2[Bar], P1Bar[Bar], P1[Bar]);

        Plot(PlotAB, "", colorRed, styleLine + styleThick);

        PlotBC = LineArray(P1Bar[Bar], P1[Bar], T1Bar[Bar], T1[Bar]);

        Plot(PlotBC, "", colorRed, styleLine + styleThick);

        PlotCD = LineArray(T1Bar[Bar], T1[Bar], Bar, D);

        Plot(PlotCD, "", colorRed, styleLine + styleThick);

        PlotBD = LineArray(P1Bar[Bar], P1[Bar], Bar, D);

        Plot(PlotBD, "", colorDarkRed, styleSwingDots );

        PlotXD = LineArray(P2Bar[Bar], P2[Bar], Bar, D);

        Plot(PlotXD, "", colorDarkRed, styleSwingDots );

        PlotXB = LineArray(P2Bar[Bar], P2[Bar], P1Bar[Bar], P1[Bar]);

        Plot(PlotXB, "", colorDarkRed, styleSwingDots );

      }

    }

  }

}

Gartley222(1.0, 0.3, 2);

Plot(C,"Close", colorBlueGrey, styleBar);

Volume Weighted ADX

_SECTION_BEGIN("volume adx 1");
TP= Param("Time Periods",14,1,50);
PlusDM= IIf(High>Ref(High,-1) AND
Low>=Ref(Low,-1), High-Ref(High,-1),
IIf(High>Ref(High,-1) AND Low<Ref(Low,-1)
AND High-Ref(High,-1)>Ref(Low,-1)-Low,
High-Ref(High,-1), 0));
DIPlus= 100 * Wilders(PlusDM,TP) /ATR(TP);
Vdiplus = Sum( V * DIPlus,TP) / Sum( V,TP ); 
MinusDM= IIf(Low<Ref(Low,-1) AND
High<=Ref(High,-1), Ref(Low,-1)-Low,
IIf(High>Ref(High,-1) AND Low<Ref(Low,-1)
AND High-Ref(High,-1)<Ref(Low,-1)-Low,
Ref(Low,-1)-Low, 0));
DIMinus = 100 * Wilders(MinusDM,TP) /ATR(TP);
Vdiminus = Sum( V * DIMinus,TP) / Sum( V,TP ); 
Diff= abs(DIPlus - DIMinus);
DISum= DIPlus + DIMinus;
ADXRaw= 100 * Wilders(Diff/DISum, TP);
Vadx = Sum( V * ADXRaw,TP) / Sum( V,TP ); 
Plot (Vadx ,"Volume Weighted ADX",colorWhite,styleThick);
Plot (Vdiplus ,"DI+", colorLime,1);
Plot (Vdiminus ,"DI-",4,1);
GraphXSpace=4;
_SECTION_END();

Condolence

MACD - Daily Weekly - Amibroker AFL

AFL for Amibroker

_SECTION_BEGIN("DW MASTER MACD");

 SetChartBkColor( ParamColor("Chart Color", colorBlack));

GraphXSpace = 10;

_SECTION_BEGIN("BACKGROUD LTRS");

SetChartOptions(0,chartShowArrows|chartShowDates);

GfxSetOverlayMode(1);

GfxSetTextAlign( 6 );// center alignment

GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));

GfxSetBkMode(0); // transparent

GfxSelectFont("Tahoma", Status("pxheight")/9 );

GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/4.1 );

_SECTION_END();

k = (GetPerformanceCounter()/100)%256; 

printf("GetPerformance Counter %g",k);

GfxSelectFont("Arial Narrow", 10,700 ); 

GfxSetBkMode(1); 

GfxSetTextColor(colorYellow); 

//GfxTextOut("Dedicated to the loving memory of MY FATHER",100+k ,26); 

RequestTimedRefresh(1); 

_SECTION_END();

CellHeight = 19; 

CellWidth =100;

function PrintTrends( string, row, Col) 

{

GfxSetOverlayMode(0);

/* GfxRectangle( Col * CellWidth+100,ROW*CellHeight-55, (Col + 3 ) * CellWidth, 

(row +1 ) * CellHeight  -54); */

GfxDrawText( string, Col * CellWidth+180, 

                    row * CellHeight-54, 

                    (Col +3 ) * CellWidth, (row + 1 ) * CellHeight-54,0); 

}

GfxSetTextColor(ColorRGB(180,105,200));

TimeFrameSet( inWeekly );

StartBar=SelectedValue(BarIndex());

FinishBar = EndValue( BarIndex() );

i = Startbar;

HISTWEEK = MACD(12,26) - Signal(12,26,9);

todayHISTWEEK  = TimeFrameExpand(HISTWEEK  , inWeekly)  ; 

onedaybackHISTWEEK  =TimeFrameExpand( Ref(HISTWEEK ,-1)  , inWeekly) ;

twodaybackHISTWEEK  = TimeFrameExpand( Ref(HISTWEEK ,-2)  , inWeekly) ;

WEEKNEWTRENDUP = (todayHISTWEEK  [i] > onedaybackHISTWEEK  [i])   AND (onedaybackHISTWEEK  [i] <= twodaybackHISTWEEK [i]);

WEEKNEWTRENDDN = (todayHISTWEEK  [i] > onedaybackHISTWEEK [i])   AND (onedaybackHISTWEEK  [i] >= twodaybackHISTWEEK  [i]);

if( (todayHISTWEEK  [i] > onedaybackHISTWEEK  [i])   AND (onedaybackHISTWEEK  [i] <= twodaybackHISTWEEK [i]))

{

GfxSetTextColor(colorLime); 

//PrintTrends("New Trend Up",3,3); 

GfxTextOut("WEEKLY > New Trend Up",400,1.5 );

}

if( (todayHISTWEEK  [i] < onedaybackHISTWEEK [i])   AND (onedaybackHISTWEEK  [i] >= twodaybackHISTWEEK [i]) )

{

GfxSetTextColor(colorOrange); 

//PrintTrends("New Trend Down",3,3); 

GfxTextOut("WEEKLY > New Trend Down",400,1.5 ); 

}

if((todayHISTWEEK  [i] > onedaybackHISTWEEK [i])   AND (onedaybackHISTWEEK  [i] >= twodaybackHISTWEEK  [i])

)

{

GfxSetTextColor(colorLime); 

//PrintTrends("Trend Up",3,3); 

GfxTextOut("WEEKLY > Trend Up",400,1.5 ); 

}

if( (todayHISTWEEK  [i]< onedaybackHISTWEEK [i])   AND (onedaybackHISTWEEK  [i] <= twodaybackHISTWEEK  [i])

 )

{

GfxSetTextColor(colorOrange); 

//PrintTrends("Trend Down",3,3); 

GfxTextOut("WEEKLY > Trend Down",400,1.5 ); 

}

TimeFrameRestore();

Plot(TimeFrameExpand(HISTWEEK , inWeekly), "IFT_5m", colorOrange, styleThick);

TimeFrameSet(inDaily);

DMACD = MACD(12,26) - Signal(12,26,9);

mycolor=IIf(MACD(12,26)<0 AND MACD(12,26)>Signal(12,26,9),ColorRGB(48,170,255),IIf(MACD(12,26)>0 AND MACD(12,26)>Signal(12,26,9),ColorRGB(181,222,251),IIf(MACD(12,26)>0 AND MACD(12,26)<Signal(12,26,9),ColorRGB(255,201,123),ColorRGB(125,84,11))));

Plot(0,"",colorRed,styleThick);

MACD0crossup = Cross(MACD(12,26),Signal(12,26,9));

MACD0crossdw = Cross(Signal(12,26,9),MACD(12,26));

PlotShapes(shapeSmallCircle*MACD0crossup,colorLime,0,0.25,0);

PlotShapes(shapeSmallCircle*MACD0crossdw,colorPink,0,-0.25,0);

Plot(TimeFrameExpand(DMACD, inDaily), "dAILY", mycolor, styleHistogram);

TimeFrameRestore();

HISTDAILY = MACD(12,26) - Signal(12,26,9);

todayHISTDAILY  = HISTDAILY  ;

onedaybackHISTDAILY  = Ref(HISTDAILY ,-1);

twodaybackHISTDAILY  = Ref(HISTDAILY ,-2);

if( (todayHISTDAILY  [i] > onedaybackHISTDAILY  [i])   AND (onedaybackHISTDAILY  [i] <= twodaybackHISTDAILY [i]))

{

GfxSetTextColor(colorLime); 

//PrintTrends("New Trend Up",4,3); 

GfxTextOut("New Trend Up",400,15); 

}

if( (todayHISTDAILY  [i] < onedaybackHISTDAILY [i])   AND (onedaybackHISTDAILY  [i] >= twodaybackHISTDAILY [i]) )

{

GfxSetTextColor(colorOrange); 

//PrintTrends("New Trend Down",4,3); 

GfxTextOut("New Trend Down",400,15); 

}

if((todayHISTDAILY  [i] > onedaybackHISTDAILY [i])   AND (onedaybackHISTDAILY  [i] >= twodaybackHISTDAILY  [i])

)

{

GfxSetTextColor(colorLime); 

//PrintTrends("Trend Up",4,3); 

GfxTextOut("Trend Up",400,15); 

}

if( (todayHISTDAILY  [i]< onedaybackHISTDAILY [i])   AND (onedaybackHISTDAILY  [i] <= twodaybackHISTDAILY  [i])

)

{

GfxSetTextColor(colorOrange); 

//PrintTrends("Trend Down",4,3); 

GfxTextOut("Trend Down",400,15); 

}

GfxSetTextAlign( TA_left = 0);

GfxSelectFont("Tahoma", 11, 700 ); 

GfxSetTextColor(ColorRGB(230,100,200)); 

GfxTextOut("DAILY WEEKLY  MACD",07, 0); 

GfxSetTextAlign( TA_LEFT = 0 );

GfxSelectFont("Tahoma", 11, 700 ); 

GfxSetTextColor(ColorRGB(255,180,61)); 

GfxTextOut(Name()+ "   " + Date(),07,18); 

 Title = " "; 

_SECTION_END();

Sun Pharma - A Short Term Break

 

Bollinger Bands - Summary

Bollinger Bands was developed by John Bollinger. It allows users to compare volatility and relative price levels over a period of time. Bollinger Bands are envelopes surrounding the price candles on the chart. They are plotted two standard deviations away from simple moving average. Standard Deviation being a measure of volatility the bands adjusts themselves to ongoing market conditions.

They widen during volatile markets and contract during less volatile periods.

Three Primary Uses of Bollinger Bands are

Pattern recognition

Recognize double tops, head and shoulders, double bottoms

Reversal signals

Identify early warning signs of reversals

Trend analysis

Detect trend continuation and conclusion

Concepts of Bollinger Bands

• Tags of bands are not necessarily buy/sell signals

• Closes outside BBs can be continuation signals if confirmed by other indicators

• Contraction (The Squeeze) is followed by Expansion, is followed by Contraction….

• BBs are based on a simple moving average. Default is 20 period MA with 2 standard deviations.

• Default contains 95% of price action

• Works well on most time frames

• Longer term: 50 periods MA, 2.1 std. deviation.

• Shorter term: 10 periods MA, 1.9 std. deviation.

• A Bollinger Band doesn’t give buy/ sell signals. Use Bollinger Bands with other indicators for confirmations

 Remember…your first priority is always to conserve your capital!

Stochastic Oscillator - Amibroker AFL

AFL for Amibroker

===================================================

_SECTION_BEGIN("BACK COLR");

_SECTION_BEGIN("PRASAD SYSTEMS");

Param("DEDICATED TO MY FATHER",5);

_SECTION_END();

GfxSetOverlayMode(1); 

SetChartBkColor( ParamColor("Chart Color", colorBlack));

GfxSetOverlayMode(1);

GfxSelectFont("Tahoma", Status("pxheight")/20 ); /* Up down name*/

GfxSetTextAlign( 6 );// center alignment

GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));

GfxSetBkMode(0); // transparent

GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/7);

GfxSelectFont("Tahoma", Status("pxheight")/30 );

GfxTextOut( IndustryID(1), Status("pxwidth")/2, Status("pxheight")/5 );  /* Up Down Sector*/

GfxSelectFont("Tahoma", Status("pxheight")/40 );

GfxTextOut( "Feedback prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/4);

GfxSelectFont("Tahoma", Status("pxheight")/20 );

GfxTextOut( " BALKRISHNA STOCHASTICS CHARTS ", Status("pxwidth")/2, Status("pxheight")/15 );

_SECTION_END();

  

/*************** remove all above lines for Amibroker 5.00 or less than 5

  

/**************************************************

                Stochastics

***************************************************/

SP = Param( "Periods", 10, 1, 200, 1 );

Ksmooth = Param( "%K avg", 5, 1, 200, 1 );

Dsmooth = Param( "%D avg", 5, 1, 200, 1 );

StochDval = StochD( SP , Ksmooth, DSmooth );

StochKval = StochK( SP , Ksmooth);

Overbought = 80;

Oversold = 20;

  

mycolorst =IIf(Stochkval- Stochdval<0,ColorRGB(248,18,25),IIf(Stochkval- Stochdval>0,ColorRGB(51,122,51),ColorRGB(125,84,11)));

  

Plot(Stochkval- Stochdval ,"",mycolorst ,styleHistogram);

Plot( Stochkval- Stochdval, "Premier", colorWhite, styleThick );

StochBuy = Cross(StochK(SP,Ksmooth), StochD(SP,Ksmooth, DSmooth)) AND

(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND

(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);

StochSell = Cross (StochD(SP,Ksmooth, DSmooth), StochK(SP,Ksmooth)) AND

(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND

(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);

StochStrongBuy = Cross(StochK(SP,Ksmooth),StochD(SP,Ksmooth, DSmooth)) AND

(StochD(SP,Ksmooth, DSmooth) < 20) AND (StochK(SP,Ksmooth) < 20) ;

StochStrongSell = Cross (StochD(SP,Ksmooth,DSmooth), StochK(SP , Ksmooth));

(StochD(SP,Ksmooth, DSmooth) > 80) AND (StochK(SP,Ksmooth) > 80);

//****************** BULLISH / BEARISH *******************/

StochBull = StochK(SP , Ksmooth)>StochD(SP , Ksmooth, DSmooth) AND

(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND

(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);

StochBear = StochK(SP , Ksmooth)<StochD(SP , Ksmooth, DSmooth)AND

(StochD(SP,Ksmooth, DSmooth) > 20) AND (StochK(SP,Ksmooth) > 20) AND

(StochD(SP,Ksmooth, DSmooth) < 80) AND (StochK(SP,Ksmooth) < 80);

StochOB = (StochD(SP,Ksmooth, DSmooth) > 80) AND (StochK(SP,Ksmooth) > 80);

StochOS = (StochD(SP,Ksmooth, DSmooth) < 20) AND (StochK(SP,Ksmooth) < 20) ;

Title = EncodeColor(colorYellow)+  Title = Name() + "    " + EncodeColor(2) + Date()  + "    "

  

/********************STOChASTICS*********************/

+EncodeColor(colorWhite)+"Signal(Stochastics) "+EncodeColor(colorWhite)+"Period = "+"["+SP+"]"+"      %K = "+"["+Ksmooth+"]"+ "      %D = "+"["+Dsmooth+"]"+"   ::::   "

 + WriteIf(StochBuy,EncodeColor(colorBrightGreen)+"Buy",WriteIf(StochSell,EncodeColor(colorRed)+"Sell",

WriteIf(StochStrongBuy,EncodeColor(colorBrightGreen)+"Strong Buy",WriteIf(StochStrongSell,EncodeColor(colorRed)+"Strong Sell","Neutral"))))

+EncodeColor(colorWhite)+ "    " + "Stochastics Trend  = "

+WriteIf(StochBull,EncodeColor(colorBrightGreen)+"Bullish",WriteIf(StochBear,EncodeColor(colorRed)+"Bearish",

WriteIf(StochOS,EncodeColor(colorBrightGreen)+"OverSold",WriteIf(StochOB,EncodeColor(colorRed)+"OverBrought","Neutral"))));

Volume Weighted MACD - Amibroker AFL

AFL for Amibroker

===========================================

_SECTION_BEGIN("BACKGROUD LTRS");
SetChartOptions(0,chartShowArrows|chartShowDates);
GfxSetOverlayMode(1);
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));
GfxSetBkMode(0); // transparent
GfxSelectFont("Tahoma", Status("pxheight")/12);
GfxTextOut( "PRASAD ANALYTICS ©", Status("pxwidth")/2, Status("pxheight")/14);
GfxSelectFont("Tahoma", Status("pxheight")/9 );
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/4.1 );
GfxSelectFont("Arial Narrow", Status("pxheight")/28 );
GfxTextOut( "prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/1.5);
GfxSelectFont("arial narrow", Status("pxheight")/27 );
GfxTextOut( "Dedicated to MY FATHER : BALKRISHNA RAO", Status("pxwidth")/2, Status("pxheight")/1.15);
_SECTION_END();

k = (GetPerformanceCounter()/100)%256;
printf("GetPerformance Counter %g",k);
GfxSelectFont("Arial Narrow", 10,700 );
GfxSetBkMode(1);
GfxSetTextColor(colorYellow);
//GfxTextOut("Dedicated to the loving memory of MY FATHER",100+k ,26);
RequestTimedRefresh(1);
_SECTION_END();

PeriodS = Param("Short period", 12, 1, 500 );
PeriodL = Param("Long period", 26, 2, 501 );
PeriodSig = Param("Smoothing period", 9, 1, 200 );
LongMA = EMA( V * C, PeriodL ) / EMA( V, PeriodL );
ShortMA = EMA( V * C, PeriodS ) / EMA( V, PeriodS );
VMACD = ShortMA - LongMA;
SignalLine = EMA( VMACD, PeriodSig );
HIST = VMACD-SignalLine;
//Uncomment two lines below to see also MACD and signal line
Plot( VMACD, "Vol-weighted MACD", colorDarkRed );
Plot( SignalLine, "Vol-weighted Signal", colorWhite);
Plot( VMACD-SignalLine, "VMACD Histogram", colorGold, styleHistogram );
RATEADOFMACDCHANGE = (HIST - Ref(HIST,-1)) ;

GfxSetTextAlign( TA_left = 0);
GfxSelectFont("Tahoma", 11, 700 );
GfxSetTextColor(ColorRGB(209,191,255));
GfxTextOut("PRASAD ANALYTICS - VWMACD",07, 0);

GfxSetTextAlign( TA_LEFT = 0 );
GfxSelectFont("Tahoma", 11, 700 );
GfxSetTextColor(ColorRGB(255,180,61));
GfxTextOut(Name()+ "   " + Date(),07,30);
GfxSetTextColor(ColorRGB(109,101,255));
GfxTextOut("VWMACD["+PeriodS+" ]"+"["+PeriodL+"]" + "["+PeriodSig+"]",07, 14);
GfxSetTextColor(ColorRGB(251,194,255));
GfxTextOut("Signal =" + NumToStr(SignalLine,1.2),255, 0);
GfxSetTextColor(ColorRGB(251,194,255));
GfxTextOut("VMACD =" + NumToStr(VMACD,1.2),375, 0);
GfxSetTextColor(ColorRGB(251,194,255));
GfxTextOut("Hist =" + NumToStr(VMACD-SignalLine,1.2),500, 0);
GfxSetTextColor(ColorRGB(251,194,255));
GfxTextOut("rATE OF cHANGE =" + NumToStr(RATEADOFMACDCHANGE,1.2),650, 0); 

Title = " ";

Chaikin Money Flow + ADX - Amibroker AFL

Combining Indicators Helps in Selecting Perfect Stocks at the Right Time

AFL for Amibroker

==============================================================

/// PROGRAMME MODIFIED BY PRASAD RAO FOR MASTER PLOTTER ///

_SECTION_BEGIN("BACK COLR");
_SECTION_BEGIN("PRASAD SYSTEMS");
Param("DEDICATED TO MY FATHER",5);
_SECTION_END();

SetChartBkColor( ParamColor("Chart Color", colorBlack));

_SECTION_BEGIN("BACKGROUD LTRS");
SetChartOptions(0,chartShowArrows|chartShowDates);
GfxSetOverlayMode(1);
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));
GfxSetBkMode(0); // transparent
GfxSelectFont("Tahoma", Status("pxheight")/12);
GfxTextOut( "HOLY GRAIL ©", Status("pxwidth")/2, Status("pxheight")/14);
GfxSelectFont("Tahoma", Status("pxheight")/9 );
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/4.1 );
GfxSelectFont("arial narrow", Status("pxheight")/27 );
GfxTextOut( "Dedicated to MY FATHER : BALKRISHNA RAO", Status("pxwidth")/2, Status("pxheight")/1.15);
_SECTION_END();

MACDKOL1 = ParamColor("m1",ColorRGB(20,47,200));
MACDKOL2= ParamColor("m2",ColorRGB(128,2,250));
ADKOL = ParamColor("ADX",colorWhite);
PDXKOL = ParamColor("PDX",ColorRGB(147,255,0));
NDXKOL = ParamColor("NDX",colorRed);

_SECTION_BEGIN("ADX TEST");
range = Param("Range",14,3,60,1);
px = PDI(14);
nx = MDI(14);
ax = ADX(14);
ax = Prec(ax,2);
Line_Control = 20;
ADXSlope = ADX(range) - Ref(ADX(Range),-1); 

/// Plots
Plot(Line_Control,"",colorWhite,styleDashed|styleLeftAxisScale );
Plot(px,"+DI",PDXKOL,styleDots|styleThick| styleLeftAxisScale );
Plot(nx,"-DI",NDXKOL,styleDots|styleThick|styleLeftAxisScale );
Plot(ax,"ADX",ADKOL,styleDots|styleThick|styleLeftAxisScale );

StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = Startbar;

CMF= Sum(((( C-L )-( H-C )) / ( H-L ))*V, 21 ) / Sum(V,21);
mycolor=IIf(CMF<0,MACDKOL2,IIf(CMF>0,MACDKOL1,ColorRGB(125,84,11)));
Plot(CMF, "MACD Histogram", mycolor, styleHistogram | styleThick| styleNoLabel, styleOwnScale);
GfxSetTextAlign( TA_left = 0);
GfxSelectFont("Tahoma", 11, 700 );
GfxSetTextColor(ColorRGB(209,191,255));
GfxTextOut("HOLY GRAIL - ADX-CMF -ADX 14",07, 0);
GfxSetTextAlign( TA_LEFT = 0 );
GfxSelectFont("Tahoma", 11, 700 );
GfxSetTextColor(ColorRGB(255,180,61));
GfxTextOut(Name()+ "   " + Date(),07,20);

Title ="";
_SECTION_END();

Hindustan Unilever Ltd. - Looking Good

 

Hindustan Lever looking good from here

The Elliot Wave Oscillator - Amibroker AFL

The Elliott Wave Oscillator is essentially a MACD Histogram or more precisely a 34-period simple moving average subtracted from a 5-period simple moving average.

It can be applied in all timeframes and works very well with the Triple Trend approach of using three time frames: the long-term, the medium-term and short-term.

The key is to ensure you use between 100 and 150 bars, with 120 bars generally providing the most consistent results.

This oscillator produces a strong correlation with patterns of the Elliot wave. The key take away when using the EWO is that the strongest readings will show you where the 3rd wave lands on the chart. The EWO will work in all time frames but it is recommended you have a large enough sample of price for the oscillator to work effectively.

For more details of wave counts and using this indicator plz visit this page

http://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2012/12/05/Learn_Forex_Using_the_Elliot_Wave_Oscillator_to_Predict_Forex_Moves.html

AFL for Amibroker

==============================================

/// PROGRAMME MODIFIED BY PRASAD RAO FOR MASTER PLOTTER ///

_SECTION_BEGIN("BACK COLR");
_SECTION_BEGIN("PRASAD SYSTEMS");
Param("DEDICATED TO MY FATHER",5);
_SECTION_END();
 SetChartBkColor( ParamColor("Chart Color", colorBlack));
_SECTION_BEGIN("BACKGROUD LTRS");
SetChartOptions(0,chartShowArrows|chartShowDates);
GfxSetOverlayMode(1);
GfxSetTextAlign( 6 );// center alignment
GfxSetTextColor( ParamColor("Text Color", ColorHSB( 42, 42, 42 ) ));
GfxSetBkMode(0); // transparent
GfxSelectFont("Tahoma", Status("pxheight")/12);
GfxTextOut( "PRASAD ANALYTICS ©", Status("pxwidth")/2, Status("pxheight")/14);
GfxSelectFont("Tahoma", Status("pxheight")/9 );
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/4.1 );
GfxSelectFont("Arial Narrow", Status("pxheight")/28 );
GfxTextOut( "prasad9rao@gmail.com", Status("pxwidth")/2, Status("pxheight")/1.5);
GfxSelectFont("arial narrow", Status("pxheight")/27 );
GfxTextOut( "Dedicated to MY FATHER : BALKRISHNA RAO", Status("pxwidth")/2, Status("pxheight")/1.15);
_SECTION_END();

StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = Startbar;

EWODAILY =  EMA(C,5) - EMA(C,34);

SIG =  EMA(EWODAILY,5);

GfxSelectFont("Tahoma", 11, 700 ); 

todayEWODAILY    = EWODAILY  ; 
onedaybackEWODAILY    =Ref(EWODAILY  ,-1);
twodaybackEWODAILY   =  Ref(EWODAILY  ,-2)  ;

if( (todayEWODAILY   [i] > onedaybackEWODAILY   [i])   AND (onedaybackEWODAILY   [i] <= twodaybackEWODAILY  [i]))
{
GfxSetTextColor(ColorRGB(186,236,94)); 
GfxTextOut("New Trend Up",400,1);
}
if( (todayEWODAILY   [i] < onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] >= twodaybackEWODAILY  [i]) )
{
GfxSetTextColor(colorRed); 
GfxTextOut("New Trend Dn",400,1);
}

if((todayEWODAILY   [i] > onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] >= twodaybackEWODAILY   [i])
)
{
GfxSetTextColor(ColorRGB(221,248,112)); 
GfxTextOut("Trend Up",400,1);
}

if( (todayEWODAILY   [i]< onedaybackEWODAILY  [i])   AND (onedaybackEWODAILY   [i] <= twodaybackEWODAILY   [i])
                       )
{
GfxSetTextColor(ColorRGB(248,113,113)); 
GfxTextOut("Trend Dn",400,1);
}

EWODAILY_ZEROCRUP = Cross(EWODAILY ,0);
EWODAILY_ZEROCRDN = Cross(0,EWODAILY );

if(EWODAILY_ZEROCRUP[I])
{
GfxSetTextColor(ColorRGB(221,248,112)); 
GfxTextOut("Zero Cross Up",550,1);
}

if(EWODAILY_ZEROCRDN[I])
{
GfxSetTextColor(ColorRGB(248,113,113)); 
GfxTextOut("Zero Cross Dn",550,1);
}

mycolor=IIf(EWODAILY <0 ,ColorRGB(275,175,255),IIf(EWODAILY >0 ,ColorRGB(151,220,150),colorWhite));

Plot(EWODAILY , "EWODAILY ", mycolor, styleHistogram | styleThick| styleNoLabel, styleOwnScale);

Plot(SIG ,"",colorRed,styleLine|styleThick);
GfxSetTextAlign( TA_left = 0);
GfxSelectFont("Tahoma", 11, 700 ); 
GfxSetTextColor(ColorRGB(209,191,255)); 
GfxTextOut("PRASAD ANALYTICS - EWO ",07, 0); 
GfxSetTextAlign( TA_LEFT = 0 );
GfxSelectFont("Tahoma", 11, 700 ); 
GfxSetTextColor(ColorRGB(255,180,61)); 
GfxTextOut(Name()+ "   " + Date(),07,20); 

Title =

"\n";

_SECTION_END();