indiTraders - Forum for the Active Indian Trader  

Go Back   indiTraders - Forum for the Active Indian Trader > Tools > Software > Amibroker

Composite Edge
Reply
 
Bookmark and Share LinkBack (4) Thread Tools Display Modes
  4 links from elsewhere to this Post. Click to view. #1 (permalink)  
Old 17-06-2011, 12:26 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Default Good Indicator for range bound, overbought and over sold condition

This indicator is working nicely on Nifty 5 min chart

4 to -4 range bound do not trade
above 8 be alert with your longs
below -8 bel alert with your shorts

Please see attached image for details




only problem is, its in mq4 format, seniors may please help to code it in afl, so that max user on this great forum get benefited
Attached Files
File Type: txt timing.txt (3.3 KB, 170 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 5 Users Say Thank You to Nehal_s143 For This Useful Post:
  #2 (permalink)  
Old 17-06-2011, 01:44 PM
NT's Avatar
NT NT is offline
.
 
Join Date: Jul 2009
Posts: 4,812
Thanks: 13,949
Thanked 11,594 Times in 4,193 Posts
NT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond repute
NT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond repute
Default

Why take the help of indicators when its apparent
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 4 Users Say Thank You to NT For This Useful Post:
  #3 (permalink)  
Old 17-06-2011, 03:53 PM
xyte's Avatar
xyte xyte is offline
indiTraders Team
 
Join Date: Mar 2009
Location: In front of my PC, mostly
Posts: 787
Thanks: 6,633
Thanked 3,486 Times in 729 Posts
xyte has a reputation beyond repute
xyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond repute
Default

This chart is also known as Value Chart and was developed by Dave Stendahl.

An Amibroker implementation is attached in this post. Hope this helps.

Source bhamicombo - Amibroker support yahoo group. Tested on 5.40.3, should work on lower releases too!
Attached Files
File Type: afl Value Charts.afl (1.9 KB, 290 views)
__________________
You can only talk rubbish if you're aware of knowledge. - Karl Pilkington
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 7 Users Say Thank You to xyte For This Useful Post:
  #4 (permalink)  
Old 17-06-2011, 04:47 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Thumbs up

Thanks xyte sir for quick reply and afl
Originally Posted by xyte View Post
This chart is also known as Value Chart and was developed by Dave Stendahl.

An Amibroker implementation is attached in this post. Hope this helps.

Source bhamicombo - Amibroker support yahoo group. Tested on 5.40.3, should work on lower releases too!

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to Nehal_s143 For This Useful Post:
  #5 (permalink)  
Old 17-06-2011, 05:54 PM
xyte's Avatar
xyte xyte is offline
indiTraders Team
 
Join Date: Mar 2009
Location: In front of my PC, mostly
Posts: 787
Thanks: 6,633
Thanked 3,486 Times in 729 Posts
xyte has a reputation beyond repute
xyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond reputexyte has a reputation beyond repute
Default

Here is a modified version for it to display exactly like the metatrader chart posted in the first post.
Attached Files
File Type: afl Value Charts ver 2.afl (2.0 KB, 328 views)
__________________
You can only talk rubbish if you're aware of knowledge. - Karl Pilkington
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 12 Users Say Thank You to xyte For This Useful Post:
  #6 (permalink)  
Old 19-06-2011, 08:48 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Default

apparent by visual only after market is over, i.e post market, where as indicator will help to find trend during living market, please take/read reply in right sense, its not for hurting or pulling leg
Originally Posted by ntrader View Post
Why take the help of indicators when its apparent


Last edited by Nehal_s143; 19-06-2011 at 09:13 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to Nehal_s143 For This Useful Post:
  #7 (permalink)  
Old 19-06-2011, 11:49 PM
NT's Avatar
NT NT is offline
.
 
Join Date: Jul 2009
Posts: 4,812
Thanks: 13,949
Thanked 11,594 Times in 4,193 Posts
NT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond repute
NT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond reputeNT has a reputation beyond repute
Default

Originally Posted by Nehal_s143 View Post
apparent by visual only after market is over, i.e post market, where as indicator will help to find trend during living market, please take/read reply in right sense, its not for hurting or pulling leg


The reply was in perfect context, you imagined otherwise.
But it was my mistake to post , my sincere apologies.Go ahead, carry on and wish you all the very best.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to NT For This Useful Post:
  #8 (permalink)  
Old 30-06-2011, 12:19 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Default

Nifty was in range bound but still indicator closing above 4 and below 4 and some time near 8, this is creating more confusion

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following User Says Thank You to Nehal_s143 For This Useful Post:
  #9 (permalink)  
Old 30-06-2011, 12:47 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Thumbs up

Damiani indicator can solve spike problems with earlier indicator.

Damiani has two version 3.1 and 3.2, 3.2 version is lagging and may miss the move after range bound market hence use only ver 3.1



rangebound indicator.zip - 4shared.com - online file sharing and storage - download

Seniors please help to covert Damiani from mq4 to afl
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to Nehal_s143 For This Useful Post:
  #10 (permalink)  
Old 30-06-2011, 12:54 PM
Nehal_s143 Nehal_s143 is offline
Regular
 
Join Date: Aug 2009
Posts: 43
Thanks: 37
Thanked 59 Times in 27 Posts
Nehal_s143 is on a distinguished road
Default

a new thread has been started

Detect Range bound market
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to Nehal_s143 For This Useful Post:
Reply

indiTraders - Forum for the Active Indian Trader > Tools > Software > Amibroker


Tags
afl, indicator, mq4, over bought, over sold, range bound

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are On


LinkBacks (?)
LinkBack to this Thread: http://www.inditraders.com/amibroker/5000-good-indicator-range-bound-overbought-over-sold-condition.html
Posted By For Type Date
Welcome to My Domain: links This thread Refback 23-06-2012 06:48 PM
Welcome to My Domain: August 2011 This thread Refback 20-10-2011 01:13 PM
Welcome to My Domain: links This thread Refback 21-08-2011 02:47 PM
ASTRO-NIFTY This thread Refback 17-06-2011 09:13 PM

Composite Edge

All times are GMT +5.5. The time now is 10:58 AM.


iT
vBulletin Copyright by vBulletin

Content Relevant URLs by vBSEO 3.3.2