Tuesday, March 20, 2012

Camarilla Pivot Lines AFL


Some people prefer Camarilla Pivot Points . This AFL serves the purpose and it works very well on the
60 Minute Intraday chart showing the pivot lines quite clearly.

After reading the AFL formula changes can be made quite effectively through Parameters window according to personal preferences.

Read Also: Top 10 Amibroker AFL For Easy Trading

==========================Copy The Code Shown Below==========================


TimeFrameSet( inDaily );

R5 = (H/L)*C;

R4 = (((H/L)+P1)/(1+P1))*C;

R3 = (((H/L)+(1+2*P1))/(2+2*P1))*C;

R2 = (((H/L)+(1+4*P1))/(2+4*P1))*C;

R1 = (((H/L)+(1+8*P1))/(2+8*P1))*C;

S5 = C - (R5-C);

S4 = C - (R4-C);

S3 = C - (R3-C);

S2 = C - (R2-C);

S1 = C - (R1-C);

TimeFrameRestore(); // restore time frame to original

Plot(TimeFrameExpand(R1, inDaily),"R1",1,1);

Plot(TimeFrameExpand(R2, inDaily),"R2",2,1);

Plot(TimeFrameExpand(R3, inDaily),"R3",3,1);

Plot(TimeFrameExpand(R4, inDaily),"R4",4,1);

Plot(TimeFrameExpand(R5, inDaily),"R5",5,1);

Plot(TimeFrameExpand(S1, inDaily),"S1",1,1);

Plot(TimeFrameExpand(S2, inDaily),"S2",2,1);

Plot(TimeFrameExpand(S3, inDaily),"S3",3,1);

Plot(TimeFrameExpand(S4, inDaily),"S4",4,1);

Plot(TimeFrameExpand(S5, inDaily),"S5",5,1);

if( ParamToggle("Tooltip shows", "All Values|Only Prices" ) )
 ToolTip=StrFormat("Open: %g\nHigh:  %g\nLow:   %g\nClose:  %g (%.1f%%)\nVolume: "+NumToStr( V, 1 ), O, H, L, C, SelectedValue( ROC( C, 1 )));

===============================The End===================================

Camarilla Pivot Lines AFL as applied to 60 Minute Intraday Chart of a Scrip called RELIANCE listed on the National Stock Exchange of India. This screenshot image will give an idea of the purpose of AFL.

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