Intraday Strength
The Intraday Strength AFL could focus on gauging the strength of intraday price movements or trends. Utilizing an Amibroker data feed, this AFL may employ various indicators or methodologies to assess the strength of intraday trends. Traders could use this information to determine the vigor of price movements within a single trading day.
/_SECTION_BEGIN("Three Track");
SetChartOptions(0,chartShowArrows|chartShowDates);
_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", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
NewDay = Day()!= Ref(Day(), -1);
DH = HHV( H, NewDay);
DL = LLV(L, NewDay);
Plot(DH,"DAY HIGH",colorBlue,ParamStyle("Style"),0,0,0);
Plot(DL,"DAY LOW",colorRed,ParamStyle("Style"),0,0,0);
R1=((DH-DL)*0.33)+DL;
R2=((DH-DL)*0.66)+DL;
Plot(R1,"FIBO1",colorYellow,styleDashed,0,0,0);
Plot(R2,"FIBO2",colorYellow,styleDashed,0,0,0);
_SECTION_END();