Caramila
For traders on a budget, a free Amibroker data feed can be a game-changer when using the Caramila AFL. This indicator relies on accurate Amibroker data to help traders make informed decisions. With free access to Amibroker data, Caramila enables users to identify potential trading opportunities and enhance their market analysis.
Plot(C,"C",colorBlack,styleOwnScale | styleCandle);
po = TimeFrameGetPrice("O", inDaily, -1 );
ph = TimeFrameGetPrice("H", inDaily, -1 );
pL = TimeFrameGetPrice("L", inDaily, -1 );
pc = TimeFrameGetPrice("C", inDaily, -1 );
// Caramila Equation
// H4 -> Long Breakout
H4 = ((PH-PL)*(1.5)) + PC;
// H3 -> Short
H3 = ((PH-PL)*1.25) + PC;
H2 = ((PH-PL)*1.1667) + PC;
H1 = ((PH-PL)*0.0833) + PC;
L1 = PC - (PH - PL) * 0.0833;
L2 = PC - (PH - PL) * 1.1667;
// L3 = Long
L3 = PC - (PH - PL) * 1.25;
// L4 = Short Breakout
L4 = PC - (PH - PL) * 1.50;
// Buy = Cross(C,Ref(L3,-1));
// Sell = Cross(Ref(H3,-1),C);
Buy = Cross(C,Ref(H4,-1));
Sell = Cross(Ref(L3,-1),C);
Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
Filter=1;
AddColumn(H1, "H1");
AddColumn(H2,"H2");
AddColumn(H3, "H3");
AddColumn(H4,"H4");
AddColumn(l1, "L1");
AddColumn(l2,"L2");
AddColumn(l3, "L3");
AddColumn(l4,"L4");
Plot(H1, "H1",colorAqua,styleOwnScale |styleLeftAxisScale);
Plot(H2,"H2",colorLightBlue,styleOwnScale | styleLine);
Plot(H3, "H3", colorLightOrange,styleOwnScale | styleLine);
Plot(H4,"H4", colorLime,styleOwnScale | styleLine);
Plot(l1, "L1", colorBrightGreen,styleOwnScale | styleLine);
Plot(l2,"L2", colorDarkBlue,styleOwnScale | styleLine);
Plot(l3, "L3",colorDarkRed,styleOwnScale | styleLine );
Plot(l4,"L4", colorDarkGrey, styleOwnScale |styleLine);