hI JERRY
THANK YOU FOR THE CODE and your helping spirit.
i AM EXAMINING it for use on stocks.
It looks good.
It is working.pretty well made.
regards
ford
--- In amibroker@yahoogroups.com, "Jerry Gress" <pleasenospample...@...> wrote:
>
> Hello,
>
> Below is my way for the 6e futures which is 4 decimal places, make the
> necessary changes for stocks. Just click on chart after highlighting a bar,
> than either F12 or double click to bring up the Green Range bar. With a
> little subbing of lines you should be able to get you ATR targets and the
> fourth target.
>
> Hope this helps,
>
> JG
>
> PS. And Stupid NT can't do this.
>
>
>
> //new way Sep 11 2008 ADJUSTED JUNE 17, 09 by Jerry Gress
> Zone = ParamList( "Zones", "1T,2T,1U,1D,2U,2D" );
> ffact = Param("Fuge Factor",0.00000,-0.0009,0.0010,0.0001);
> xhi = BeginValue(MA(H,1))+ffact;
> xlo = BeginValue(MA(L,1))+ffact;
>
> //midpt = (xhi + xlo)/2+ffact;//midpt = BeginValue(MA(H-1.15,1))+ffact;
> //PlotGrid(midpt,colorYellow);
>
> xzon1 = Param("1st Profit",0.0004,0,0.0100,0.0001);
> xzon2 = Param("2nd Profit",0.0008,0,0.0100,0.0001);
> newstp =Param("Stop Amount",0.0009,0,0,0025,0.0001);
>
> //Profit 1 target up AND dn
> if ( Zone == "1T" )
> Plot( xhi, "", colorDarkGreen, styleLine );//buy entry at hi
> if ( Zone == "1T" )
> PlotGrid(xhi-newstp,colorGreen);//stop green
> if ( Zone == "1T" )
> Plot(xlo,"",colorDarkRed,styleLine);//sell entry at lo
> if ( Zone == "1T" )
> PlotGrid(xlo+newstp,colorRed);//stop red
> if ( Zone == "1T" )
> Plot(xhi+xzon1,"",colorDarkGreen,styleLine);//1st profit
> if ( Zone == "1T" )
> Plot(xlo-xzon1,"",colorDarkRed,styleLine);//sell profit
> // profit 1 and 2 up and dn
> if ( Zone == "2T" )
> Plot( xhi, "", colorDarkGreen, styleLine );//buy entry at hi
> if ( Zone == "2T" )
> PlotGrid(xhi-newstp,colorGreen);//stop green
> PlotGrid(xhi-newstp,colorGreen);
> if ( Zone == "2T" )
> Plot(xlo,"",colorDarkRed,styleLine);//sell entry at lo
> if ( Zone == "2T" )
> PlotGrid(xlo+newstp,colorRed);//stop red
> if ( Zone == "2T" )
> Plot( xhi + xzon1, "", colorDarkGreen, styleLine );//1st buy profit
> if ( Zone == "2T" )
> Plot( xhi + xzon2 , "", colorDarkGreen, styleLine );//2nd buy profit
> if ( Zone == "2T" )
> PlotGrid( (xhi + .0050) , colorDarkGreen);//18.25 MAX
> if ( Zone == "2T" )
> Plot(xlo-xzon1,"",colorDarkRed,styleLine);//sell profit
> if ( Zone == "2T" )
> Plot(xlo-xzon2,"",colorDarkRed,styleLine );//2nd sell profit
> if ( Zone == "2T" )
> PlotGrid( xlo - .0050,colorDarkRed );//18.25 MAX
>
> //1U
> if (Zone == "1U" )
> Plot( xhi, "", colorDarkGreen, styleLine );//buy entry at hi
> if (Zone == "1U" )
> PlotGrid(xhi-newstp,colorGreen);//stop green
> if (Zone == "1U" )
> Plot(xhi+xzon1,"",colorDarkGreen,styleLine);//1st Profit
> //1D
> if (Zone == "1D" )
> Plot(xlo,"",colorDarkRed,styleLine);//sell entry at lo
> if (Zone == "1D" )
> PlotGrid(xlo+newstp,colorRed);//stop red
> if (Zone == "1D" )
> Plot(xlo-xzon1,"",colorDarkRed,styleLine);
> //2 up
> if (Zone == "2U" )
> Plot( xhi, "", colorDarkGreen, styleLine );//buy entry at hi
> if (Zone == "2U" )
> PlotGrid(xhi-newstp,colorGreen);//stop green
> if ( Zone == "2U" )
> Plot( xhi + xzon1, "", colorDarkGreen, styleLine );//1st profit
> if ( Zone == "2U" )
> Plot( xhi + xzon2 , "", colorDarkGreen, styleLine );//2nd buy profit
> if ( Zone == "2U" )
> PlotGrid( (xhi + .0050) , colorDarkGreen);//18.25 MAX
>
> //2 DN
> if (Zone == "2D" )
> Plot(xlo,"",colorDarkRed,styleLine);//sell entry at lo
> if (Zone == "2D" )
> PlotGrid(xlo+newstp,colorRed);//stop red
> if ( Zone == "2D" )
> Plot(xlo-xzon1,"",colorDarkRed,styleLine);//1ST sell profit
> if ( Zone == "2D" )
> Plot( xlo - xzon2 , "", colorDarkRed, styleLine );//2nd sell profit
> if ( Zone == "2D" )
> PlotGrid( xlo - .0050,colorDarkRed );//18.25 MAX
> ////////////////////////////////////////////////////////////////////////////
> //////
>
>
> -----Original Message-----
> From: amibroker@yahoogroups.com [mailto:amibro...@yahoogroups.com] On Behalf
> Of ford7k
> Sent: Tuesday, August 03, 2010 10:49 AM
> To: amibroker@yahoogroups.com
> Subject: [amibroker] Req Please help make this afl intraday chart-plot
> entry-breakeven-stop-tgt
>
> Hi afl experts
>
> I have a 5 minute chart for my trading day.
> I know for my stock the entry number. I have a formula to calculate stoploss
> and breakeven stop and target 1 and 2
> I want the afl to draw dotted lines on chart for entry ,breakeven ,
> entry plus 1ATR
>
> The point here is to give a visual view on chart and then enable me to take
> action as per plan
>
> For example
> The entryprice needs to be parameterised.need two options one default and
> another user choice number
> The code picks up entry if I feed a number or if not fed any number it picks
> up a support pointor any reasonable point .
> I wont mind if code plots a shape at first entry point.
> Evey time price fluctuates it goes from loss zone to profit zone and it has
> to pass thru breakeven point,which appears as a dotted line or line.when
> price is going from profit to loss, and when it reaches breakeven
> point,action time is shown.
> I define breakeven as
> breakeven = entryprice + 2*(0.0005*entryprice)
> The targetS ARE DEFINED BY 1*ATR(10), 2*ATR(10) AND 3*ATR(10)
> These need to be plotted as lines.
>
>
> target4-----------------------------
>
> target3-----------------------------
> target2----------------------------
> target1 ------------------------------------
>
> Breakeven price ...............................
>
> Entry price-------------------------------------
>
> initialstoploss=================================
>
> The moment ,in a long entry,price goes above the breakeven price,Imove my
> stoploss to breakeven level and wait.
> Once risk becomes zero,I stay calm,peaceful and take profits at tgt1
> or below it but above breakeven for sure.
> Initialsatoploss is below entry and picks 5 the lowestlow to the left of
> entry.
>
> Every trader gets one chance where his trade stays in a zone above breakeven
> price. once he looses the chance he will end up in loss.
> So the idea is see entry, breakeven, reasonable taergets on chart and focus
> on zero risk, then moderate profits.
> Missing on highe gains is not the point. going into a zone below breakeven
> point or not is the main focus.
>
> Hope somebody gives me a starting code lines.
> I prefer a fixed static line for entry and breakeven and target.
> Once the trade is over i restart again
> with another stock.
> once longtrade code is set, we will do opposite for short trade code lines.
> (entry
> For entry I used price above ema13 and ema13 sloping upwards at an angle of
> above 45 degrees and to 90degrees.manual judging)
>
>
> thanks
> regards
> ford
>
>
>
> ------------------------------------
>
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