Daily Bar Chart
Simplify your daily chart analysis with the Daily Bar Chart AFL for Amibroker. This user-friendly tool, available for free download, offers a comprehensive view of daily price movements. Integrated with the accurate Amibroker data feed, the Daily Bar Chart AFL allows traders to make informed decisions based on daily price trends. Whether you’re a swing trader or a long-term investor, this AFL can be a valuable addition to your toolkit, providing clarity in your daily chart analysis.
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SetChartBkColor(ParamColor("Outer panel color ",colorBlack)); // color of outer border
SetChartBkGradientFill( ParamColor("Inner panel color upper half", colorBlack),ParamColor("Inner panel color lower half",
colorBlack)); // color of inner panel
// Daily Bar Chart
_SECTION_BEGIN("Elder Daily Chart with Envelope");
SetChartOptions(0,chartShowArrows|chartShowDates);
Plot( EMA(C,13),"EMA(13)",colorRed,styleLine);
//PlotForeign(GetBaseIndex(),IndustryID(1),colorWhite,styleLine|styleLeftAxisScale);
LookBkPd = 100 ;
AvgPd = 22 ;
ExternalBarPct = 15 ;
ConvergePct = 2 ;
Middle = EMA( C,AvgPd ) ;
Rng = HHV( H,LookBkPd ) - LLV( L,LookBkPd ) ;
X = Rng ;
deltaX = X/2 ;
do
{
Over = H > Middle + X ;
Under = L < Middle - X ;
OuterPct = 100*( Sum( Over, LookBkPd ) + Sum( Under, LookBkPd )
)/LookBkPd ;
OP = LastValue(OuterPct) ;
X=X+sign( OP - ExternalBarPct )*deltaX ;
deltaX = deltaX/2 ;
}while ( abs( OP - ExternalBarPct ) > ConvergePct ) ;
Plot( Middle, "MA", colorYellow, styleLine|styleNoTitle ) ;
Plot( Middle+X, "MA", colorSkyblue, styleDashed|styleNoTitle ) ;
Plot( Middle-X, "MA", colorSkyblue, styleDashed|styleNoTitle ) ;
_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", colorCustom9 ), styleBar |
ParamStyle("Style") | GetPriceStyle() );
//_SECTION_END();