LTS Yellow Arrow
The LTS Yellow Arrow AFL likely signals buy/sell points. Integrating it with a robust AmiBroker data feed enhances accuracy. This AFL, a part of AmiBroker AFL tools, aids in decision-making, highlighting potential market shifts with its yellow arrow indicators. Reliable AmiBroker data feed bolster its effectiveness, enabling traders to make informed choices based on these signals.
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_SECTION_BEGIN("Linkon's Day Trading System");
icol = IIf ( MA (Close,25) > Ref (MA (Close,25),-1),colorGreen,colorRed);
//Plot( MA( High, 25 ),"", icol, styleThick);
//Plot( MA( Low, 25 ), "",icol, styleThick);
w = Param ("filter",2.5,0,10,0.5);
upper_sl = MA( High, 25 )+ w;
Lower_sl = MA(Low,25)-w;
Plot( upper_sl, "", icol, styleThick );
Plot (Lower_sl,"", icol, styleThick);
Color_buy = IIf(Close > EMA(Close,55) AND Close > EMA(High,25),colorBlue,IIf(Close < EMA(Close,55) AND Close < EMA(Low,25),colorRed,colorYellow));
PlotOHLC( Open, High, Low, Close, "", Color_buy, styleCandle );
_SECTION_END();
_SECTION_BEGIN("EMA fabonachi");
fab5 = EMA(Close,5);
fab8 = EMA(Close,8);
fab13 = EMA(Close,13);
fab21 = EMA(Close,21);
fab34 = EMA(Close,34);
fab55 = EMA(Close,55);
fab89 = EMA(Close,89);
Color_fab5 = IIf(Close > fab5,ColorRGB(197,254,214),colorPink);
Color_fab8 = IIf(Close > fab8,ColorRGB(197,254,214),colorPink);
Color_fab13 = IIf(Close > fab13,ColorRGB(197,254,214),colorPink);
Color_fab21 = IIf(Close > fab21,ColorRGB(197,254,214),colorPink);
Color_fab34 = IIf(Close > fab34,ColorRGB(197,254,214),colorPink);
Color_fab55 = IIf(Close > fab55,ColorRGB(197,254,214),colorPink);
Color_fab89 = IIf(Close > fab89,ColorRGB(197,254,214),colorPink);
Plot( fab55, "", Color_fab55, styleDashed );
_SECTION_END();
dist = 0.25*ATR(10);
Capital=Param("Total capital",100000,10000,1000000,1000);
drawdown=Param("Max. loss per trade as % of Capital", 1.0,0.5,25.0,0.1);
room=Param("Room for S/L as % of Pivot value",0.001,0.001,0.02,0.001);
PH= ValueWhen(
(Ref(H,-2) > Ref(H, -4)) AND
(Ref(H,-2) > Ref(H, -3)) AND
(Ref(H,-2) > Ref(H, -1)) AND
(Ref(H,-2) > H), Ref(H,-2));
PL= ValueWhen(
(Ref(L,-2) <= Ref(L, -4)) AND
(Ref(L,-2) <= Ref(L, -3)) AND
(Ref(L,-2) <= Ref(L, -1)) AND
(Ref(L,-2) <= L), Ref(L,-2));
phfilter=PH+(room*PH);
plfilter=PL-(room*PL);
Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorGreen), styleDashed);
Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorRed), styleDashed);
/*
for (a=4;a= H[a-4]) AND
(H[a-2] >= H[a-3]) AND
(H[a-2] >= H[a-1]) AND
(H[a-2] >= H[a]))
PlotText("PH \n"+H[a-2], a-2, H[a-2], colorGreen);
if ((L[a-2] <= L[a-4]) AND
(L[a-2] <= L[a-3]) AND
(L[a-2] <= L[a-1]) AND
(L[a-2] <= L[a]))
PlotText("PL \n"+L[a-2], a-2, L[a-2]-dist[a-2], colorRed);
}
*/
_SECTION_END();
_SECTION_BEGIN("fabo cloud");
Lo = IIf (fab55>fab34,fab34,fab55);
Hi = IIf (fab55fab34,fab34,fab55);
Hi1 = IIf (fab55fab21,fab21,fab34);
Hi2 = IIf (fab34fab13,fab13,fab21);
Hi3 = IIf (fab21fab8,fab8,fab13);
Hi4 = IIf (fab13fab5,fab5,fab8);
Hi5 = IIf (fab8 EMA(C, 55), WriteVal(upper_sl),WriteVal(EMA(C,55)))
+ EncodeColor(colorGreen)+ " Trailing SL of :"+ EncodeColor(colorWhite)+EMA(L,25)
+ EncodeColor(colorRed)+ "\n Pivot Low : "+EncodeColor(colorWhite)+PL+EncodeColor(colorRed)+" Place SHORT Trigger at :"+ EncodeColor(colorWhite)+WriteIf(MA (L, 25) < EMA(C, 55), WriteVal(Lower_sl),WriteVal(EMA(C,55))) + EncodeColor(colorRed)+" Training SL of :"+ EncodeColor(colorWhite)+EMA (H,25)
;