Friday, 19 October 2018

SUN AND CLOUD for Amibroker (AFL)


Reading of the chart,
1.for long term investors,
a.Bullish when you see the sun(Yellow zone)
b.Bearish when you see the dark cloud(Black
zone)
c.Turning point from bullish to bearish:When
red line break into the yellow zone.
d.Turning point from bearish to bullish: When
red line break through the dark cloud.
2.for short term trading,
reading the changes between the white line and
the red line






Long2 =EMA( ( HHV( H, 20 ) + LLV( L, 20) )/2,20);
Long1 =EMA( ( HHV( H, 5 ) + LLV( L, 5) )/2,10);
K=(H+2*C+L)/4;
Z= ( HHV( H, 3 ) + LLV( L, 3) )/2 ;
SP=IIf(K>=Z*1.05,1.10*Z,IIf(K<Z*1.05 AND K>=Z,1.0*Z,IIf(K<Z,0.9*Z,0.9*Z)));
M=IIf(Long1>long2,Long2,Long1);

Plot(C,"Close",colorBlack,ParamStyle( " Style",1));

SetChartBkGradientFill( ParamColor("Sky",ColorRGB( 128, 128, 255 )),ParamColor("Sky lower", colorGrey40),ParamColor("Text", colorLightGrey));
PlotOHLC( Long1 , Long1 , m, Long1 ," ", ParamColor("Left Side",ColorRGB( 213, 213, 0 )),styleCloud );
PlotOHLC( Long2 , Long2 , m, Long2 ," ", colorGrey40,styleCloud );
PlotOHLC( Long1 , Long1 , m, Long1 ," ", ParamColor("Land",ColorRGB( 115, 61, 54 )),styleArea );

Title=Name() + " Sun & Cloud : \n"+WriteIf(Long1>long2,"Rising Sun","Dark Cloud Cover");

GfxSelectSolidBrush(colorOrange);
GfxCircle( 100, 85 , 28 );
GfxSelectSolidBrush(colorYellow);
GfxSelectPen( colorRed );
GfxCircle( 100, 85 , 20 );
_SECTION_END();

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