Camarilla AFL
The Camarilla AFL is an essential tool for traders, and its effectiveness is significantly enhanced by using Amibroker data feeder. By importing accurate Amibroker data, this AFL helps traders identify key support and resistance levels, allowing for more precise entry and exit points in the market. Amibroker data is crucial for the success of this strategy.
_SECTION_BEGIN("Price");
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() );
_SECTION_END();
_SECTION_BEGIN("camarilla levels");
//---- pivot points
DayH = TimeFrameGetPrice("H", inDaily, -1); // yesterdays high
DayL = TimeFrameGetPrice("L", inDaily, -1); // low
DayC = TimeFrameGetPrice("C", inDaily, -1); // close
DayO = TimeFrameGetPrice("O", inDaily); // current day open
// camarilla pivots
if ( True )
{
R = DayH - DayL; // range
PP = (DayH + DayL + DayO + DayO) / 4 ;
R4 = (R * 1.1/2)+DayC;
R3 = (R * 1.1/4)+DayC;
S3 = DayC-(R * 1.1/4);
S4 = DayC- (R * 1.1/2);
}
Plot(R4, "",colorGreen,styleDots+styleNoLine);
Plot(S4, "",colorDarkBlue,styleDots+styleNoLine);
Plot(R3, "R3",colorRed,styleDots+styleNoLine);
Plot(S3, "S3",colorDarkBlue,styleDots+styleNoLine);
Plot(PP, "",colorYellow,styleLine);
//----
Title = Name()+" Camarilla"+Date()+ EncodeColor(colorRed)+ " R3 "+WriteVal(R3,1.2)+EncodeColor(colorGreen)+ " S3 "+ WriteVal(S3,1.2)+"\n"+EncodeColor(colorGreen)+" Long Breakout above "+WriteVal(R4,1.2)+"\n"+EncodeColor(colorRed)+" Short breakout below "+WriteVal(S4,1.2)
+"\n"+EncodeColor(colorGreen)+" If Rangebound buy close to "+ WriteVal(S3,1.2)+
"\n"+EncodeColor(colorRed)+" If Rangebound short close to "+ WriteVal(R3,1.2);
Filter=1;
AddColumn(C,"cmp",1.2);
AddColumn(R3,"R3",1.2);
AddColumn(R4,"R4",1.2);
AddColumn(S3,"S3",1.2);
AddColumn(S4,"S4",1.2);
_SECTION_END();