Guppy Modified range
Guppy Modified Range in Amibroker AFL involves modifying range-based indicators within trading strategies. Utilizing the Amibroker data feed, this modification enhances the accuracy of range-based indicators, aiding traders in identifying potential entry or exit points. Guppy Modified Range enables traders to fine-tune their strategies by adjusting range-based parameters, improving the effectiveness of their trading approach in various market conditions.
/_SECTION_BEGIN("Gunn hi lo");
/*name = Gunn hi lo*/
GraphMax=6;
Graph0=C;
Periods= 6; /* Change this value as needed */
HLd=IIf(Close>Ref(MA(H,Periods),-1),
/*then*/ 1,
/*else*/IIf(Close<Ref(MA(L,Periods),-1), /*then*/-1, /*else*/0)); HLv=ValueWhen(HLd != 0,HLd,1); HiLo=IIf(HLv=-1, /*then*/MA(H,Periods), /*else*/MA(L,Periods)); Graph1=HiLo; /*Name = Gunn hi lo invert*/ Periods = 3; /* Change this as needed */ HLd=IIf(Close>Ref(MA(H,Periods),-1),
/*then*/1,
/*else*/IIf(Close<Ref(MA(L,Periods),-1),
/*then*/-1,
/*else*/0));
HLv=ValueWhen(HLd != 0,HLd,1);
HiLoInvert=IIf(HLv=-1,
/*then*/MA(H,Periods),
/*else*/MA(L,Periods));
Graph2=HiLoInvert;
Graph2Style=4;
Graph0Style=68;
Buy= Cross(HiLo,HiLoInvert) ;
Sell=Cross(HiLoInvert,HiLo) ;
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
Short=Sell;
Cover=Buy;
Filter= (Buy==1) ;
NumColumns = 5;
Column0 =Ref(HiLo,-1);
Column0Format = 1.2;
Column0Name = "Trigger Price";
Column1 = C;
Column1Name = "Close ";
Column1Format = 1.2;
Column2 = MA(V,17);
Column2Name = "Volume ";
Column2Format = 1.0;
Column3 = MA(C,17)/MA(C,50);
Column3Name = "% 17/50 ";
Column3Format = 1.2;
Column3Format = 1.2;
Column4= MA(C,17);
Column4Name="17 C ma";
Column4Format = 1.2;
Column4= MA(C,50);
Column4Name="50 C ma";
Column4Format = 1.2;
_SECTION_END();