Daily Chart
Navigate daily price movements with precision using the Daily Chart AFL for Amibroker. This user-friendly tool, available for free download, seamlessly integrates with the Amibroker data feed to provide a comprehensive view of daily price action. Whether you’re a day trader or a swing trader, the Daily Chart AFL enhances your analytical capabilities, offering clarity in daily trend analysis. Download this AFL to streamline your daily charting process and make well-informed trading decisions.
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_SECTION_BEGIN("Elder Daily Chart with Envelope");
SetChartOptions( 0, chartShowDates | chartShowArrows | chartLogarithmic | chartWrapTitle );
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 | styleThick | ParamStyle("Style") | GetPriceStyle() );
//_SECTION_END();