Chaloke Modified
Chaloke Modified is a customizable Amibroker AFL designed to accommodate various trading strategies and indicators. Traders use this flexible AFL to modify their trading systems and adapt to changing market conditions. With the support of Amibroker Data Feeder, traders can access real-time market data, allowing them to integrate Chaloke Modified into their trading routines seamlessly.
_SECTION_BEGIN("Chaloke System3");
///// Chaloke System3 /////
P1=Param("ShortTerm Period",9,3,15,1);
P2=Param("MidTerm Period",15,9,24,1);
P3=Param("LongTerm Period",24,15,50,1);
P4=Param("Invesment Term",5,1,12,1);
P5=Param("ATR Period",5,1,25,1);
Sm=2*P5/10;
ATRX=Sm*ATR(P4);
S=EMA(C,P1) - ATRX;
M=EMA(C,P2) -ATRX;
lg=EMA(C,P3) -ATRX;
Sht=IIf(C==HHV(C,3),S,Ref(EMA(C,9),-1)-ATRX);
Mid=IIf(C==HHV(C,3),M,Ref(EMA(C,15),-1)-ATRX);
Lng=IIf(C==HHV(C,3),Lg,Ref(EMA(C,24),-1)-ATRX);
Color=IIf(Sht>Mid AND C > Sht ,colorBrightGreen,IIf(C < lng OR
Sht<lng,colorRed,colorBlack));
Plot(Mid,"ChalokeSystem3",colorBlack,styleLine);
Plot(Sht,"",colorBlue,styleLine);
Plot(lng,"",colorRed,styleLine);
Plot(C,"",Color,64);
Change=C-Ref(C,-1);
Title=Name()+" "+Date()+" "+"Chaloke System 3"+"
Vol="+Volume+" "+"O="+Open+"
H="+HHV(H,1)+" L="+LLV(L,1)+" Close="+ Close+"
"+Change;
_SECTION_END();