This indicator allows you to visualize the strength of the current candlestick by comparing the OHLC values. Red histogram values represent bearish candlesticks whereas green histogram values represent bullish candlesticks. value = 100*(Open-Low)/(High-Low)-50; bullishCandleStrength = IIf(Close > Open, value, 0); bearishCandleStrength =…
Best Intraday Swing Trading strategy For Robo Traders,Back testable, Compatible with any robo Software (Buy Sell Short Cover) clearly mentioned. Swing Calculated using high and low of min 9bars .Stoploss with Initial and trailing Has been Added. _SECTION_BEGIN(“Best Intraday Strategy”);…
This indicator can find the Supply and Demand zone to make decide entry or exit positions. Work fine with weekly & monthly chart. A supply zone on a chart is an area where selling interest outnumbers buying interest and the…
This code allows you to plot the previous days high and low price on an intraday chart. It also has exploration code to find stocks where the current price is greater than the previous days high or where the current…
This formula allows you to plot the volume for another ticker on the current price chart. _SECTION_BEGIN(“Foreign Volume”); Ticker = ParamStr(“Symbol”, Name()); SetForeign(Ticker, True, True ); Plot( Volume, _DEFAULT_NAME(), IIf( C > O, ParamColor(“Up Color”, colorGreen ), ParamColor(“Down Color”, colorRed…
This indicator gives Buy/Sell signal as per the Wilder’s moving average crossover. Buy when Wilders gives a Buy signal & Swing Trend is Up. SL = Swing SupportSell when Wilders givens a Sell signal & Swing Trend is Down. SL…
StochRSI, proposed by Steve Karnish of Cedar Creek Trading, reconfigure classic StochRSI using custom parameters and smoothing. Here is an ambroker implementation of a very adjustable version that I created based on the following: perRsi = Param( “Per RSI”, 21,…
This indicator plots Fibonacci pivots points on an intraday chart. The pivot levels are based on the daily trading range and plotted at 38%, 62% and 99%. You can use the pivot levels to trade reversals or break-outs and fib…
Day trading can be tricky and unpredictable if you do not understand the basics behind it. You need to be armed with reliable indicators and patterns to be successfuly at intraday trading. Stochastic is one such indicator which has been…
Made Aroon exploration. Aroonp = ), means prices will or is rising. Members please add / modify and refine for better. Check out. Filter = Close > 0.1; Filter = Volume > 1; i=0; _SECTION_BEGIN(“Aroon”); L14 = LLV( Low, 14…