Saturday, March 10, 2018

Amibroker AFL for Market Profile Chart In Amibroker

Amibroker AFL for Market Profile Chart In Amibroker

Amibroker users are including Amibroker afl for Market Profile chart in Amibroker at large. If you are still to include the amibroker afl for market profile in your arsenal then try it. Market Profile has been a very powerful tool in analysing the value of price The value area high, point of control and value area low are very powerful areas of trading. Amibroker has certain limitations in plotting the Market Profile chart as it should be exactly but still the coders of the amibroker afl for market profile have done a great job in maintaining its accuracy and one can view the correct levels of VAH, POC & VAL through this afl.

Read Also: Top 10 Amibroker AFL

amibroker afl for market profile
Market Profile Chart

The creators of the AFL have done the settings as such that you could view the chart in the 5 minute and 15 minute time frame in the best possible manner. Sometimes the afl throws an error and you could not view the chart. In such a scenario it has been observed that if you zoom out the chart then the display of the chart resumes.

I posted the amibroker afl for market profile code in the post itself but now I am uploading to the storage drive so that readers can download the code directly and insert in their Amibroker Formula folder.


Users with newer versions of Amibroker are facing error issues in the Market Profile AFL code posted earlier in this blog. There is another AFL which was coded for Amibroker version 5.80 & above. This code is slightly different in its graphics from the above image but it helps in overcoming the error in the code. So please download that version of Market Profile Code.

Market Profile AFL 1

Market Profile AFL 2 [For Amibroker Version 5.80 & above]

Tuesday, October 24, 2017

Previous 20 Days Highest High & Lowest Low Amibroker AFL

Amibroker AFL for Previous "n" days highest high and lowest low. We can also call it as Amibroker AFL for Previous 'n' bars highest high and lowest low. The image shown below is of previous 20 bars highest high
and 20 bars lowest low values. You can change the number of days as per your requirement through the parameters window. Usually traders use the highest high and lowest low values to trade the breakouts or breakdowns.These highest high & lowest low values are also often referenced for spotting trade reversals.

previous n days highest high and lowest low
Previous n Days Highest High and Lowest Low

Download Amibroker AFL For Previous N Days Highest High And Lowest Low
Required US Government Disclaimer & CTFC Rule 4.41

Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.