High Strategy
A high strategy in trading often refers to a methodology that capitalizes on assets or securities with historically high performance or potential. This approach involves identifying stocks, commodities, or currencies that exhibit strong upward momentum or are trading at their highs. Traders employing high strategies often seek assets with strong growth prospects. Integration of Amibroker data feed enhances high strategy analysis, providing real-time market information crucial for identifying and analyzing high-performing assets.
/_SECTION_BEGIN("HLCby3");
pivot = (H +L+C)/3;
piv = EMA (pivot,Param("short ema",5,1,20,1));
piv2 = EMA (pivot,Param("fast ema",10,1,50,1));
Buyq = Cross (piv, piv2);
Shortq = Cross (piv2,piv);
pivot_col = IIf (pivot > Ref(pivot,-1), colorBlue,colorRed);
piv_col = IIf (piv > Ref(piv,-1), colorBlue,colorRed);
piv2_col = IIf (piv2 > Ref(piv2,-1),colorBlue, colorRed);
//Plot (pivot , "pivot", piv_col, styleThick);
//bar_col = IIf (MACD( 5, 34 ) > Signal( 5, 34, 14 ), colorBlue, colorRed);
//Plot (pivot , "pivot", pivot_col, styleThick);
//Plot (piv , "piv", piv_col, styleThick);
//Plot (piv2 , "piv2", piv2_col, styleThick);
Col = IIf (H > Ref(H,-1) AND L > Ref(L,-1), colorBlue, IIf (Low < Ref(L,-1) AND High < Ref(H,-1),colorRed, colorYellow));
//Plot( C, "Close", bar_Col, styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
PlotShapes (shapeUpArrow*Buyq, colorGreen);
PlotShapes (shapeDownArrow*Shortq, colorRed);
//pv_col = IIf ( ADX(9) > Ref(ADX(9),-1) AND PDI( 9 ) > MDI( 9 ),colorBlue,IIf (ADX(9) > Ref(ADX(9),-1) AND PDI( 9 ) < MDI( 9 ),colorRed, colorYellow));
pv_col = IIf ( piv_col == colorBlue AND piv2_col ==colorBlue,colorBlue,IIf ( piv_col == colorRed AND piv2_col ==colorRed,colorRed,colorYellow));
Plot(3, "ribbon", piv_col, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();