Trading NR7 setup
- Thread starter AW10
- Start date
- Tags narrow range nr 7 nr4 option trade
- Status
BPCL rocked today 
Hey Rohan , you use any AFL to scan for NR7 days ?
Hey Rohan , you use any AFL to scan for NR7 days ?
Here is the AFL for plotting NR7. The AFL puts a '7' under the NR7 bars. When the Selector line (the vertical line in the chart window) is on the NR7 bar a highlight appears in the chart title with a label *NR7* in Green color. When the line is on any other bar the highlight does not appear. I have attached a screen shot so that you can see this.
The AFL is as follows:
********************************************
_SECTION_BEGIN("NR7");
R = H - L;
NR7 = False;
for(i = 7; i < BarCount; i++)
{ if( R < R[i - 1] AND R < R[i -2] AND R < R[i - 3] AND R < R[i - 4] AND R < R[i - 5] AND R < R[i - 6]) NR7 = True;}
Marker = shapeDigit7 * NR7;
MarkerColor = colorYellow;
MarkerDist = L * 0.995;
_N(Title = StrFormat("{{NAME}}, {{DATE}} ({{INTERVAL}}): {{VALUES}}") + EncodeColor(colorBrightGreen) + WriteIf(NR7, "*NR7*", ""));
PlotOHLC(O, H, L, C, "Close", colorLightGrey, styleBar);
PlotShapes(Marker, MarkerColor, 0, MarkerDist);
_SECTION_END();
************************************************
The screen shot is here:
Regards
-Anant
Last edited:
Hi,
Here is the AFL for plotting NR7. The AFL puts a '7' under the NR7 bars. When the Selector line (the vertical line in the chart window) is on the NR7 bar a highlight appears in the chart title with a label *NR7* in Green color. When the line is on any other bar the highlight does not appear. I have attached a screen shot so that you can see this.
The AFL is as follows:
********************************************
_SECTION_BEGIN("NR7");
R = H - L;
NR7 = False;
for(i = 7; i < BarCount; i++)
{ if( R < R[i - 1] AND R < R[i -2] AND R < R[i - 3] AND R < R[i - 4] AND R < R[i - 5] AND R < R[i - 6]) NR7 = True;}
Marker = shapeDigit7 * NR7;
MarkerColor = colorYellow;
MarkerDist = L * 0.995;
_N(Title = StrFormat("{{NAME}}, {{DATE}} ({{INTERVAL}}: {{VALUES}}") + EncodeColor(colorBrightGreen) + WriteIf(NR7, "*NR7*", ""));
PlotOHLC(O, H, L, C, "Close", colorLightGrey, styleBar);
PlotShapes(Marker, MarkerColor, 0, MarkerDist);
_SECTION_END();
************************************************
The screen shot is here:
Regards
-Anant
Here is the AFL for plotting NR7. The AFL puts a '7' under the NR7 bars. When the Selector line (the vertical line in the chart window) is on the NR7 bar a highlight appears in the chart title with a label *NR7* in Green color. When the line is on any other bar the highlight does not appear. I have attached a screen shot so that you can see this.
The AFL is as follows:
********************************************
_SECTION_BEGIN("NR7");
R = H - L;
NR7 = False;
for(i = 7; i < BarCount; i++)
{ if( R < R[i - 1] AND R < R[i -2] AND R < R[i - 3] AND R < R[i - 4] AND R < R[i - 5] AND R < R[i - 6]) NR7 = True;}
Marker = shapeDigit7 * NR7;
MarkerColor = colorYellow;
MarkerDist = L * 0.995;
_N(Title = StrFormat("{{NAME}}, {{DATE}} ({{INTERVAL}}: {{VALUES}}") + EncodeColor(colorBrightGreen) + WriteIf(NR7, "*NR7*", ""));
PlotOHLC(O, H, L, C, "Close", colorLightGrey, styleBar);
PlotShapes(Marker, MarkerColor, 0, MarkerDist);
_SECTION_END();
************************************************
The screen shot is here:
Regards
-Anant
Quite cool .. !!
Since u've already attached the AFL I'm not appending it again.
Also, no exploration in available with the AFL I have i.e. we have to visually check the NR7 existence but a list of stocks (like how you have) is not available.
Also, no exploration in available with the AFL I have i.e. we have to visually check the NR7 existence but a list of stocks (like how you have) is not available.
may be by 5-6 pm i will try to post prev day NR7 close and Fresh NR7 triggers, so that it can be benefitial for somebody.
Since u've already attached the AFL I'm not appending it again.
Also, no exploration in available with the AFL I have i.e. we have to visually check the NR7 existence but a list of stocks (like how you have) is not available.
Also, no exploration in available with the AFL I have i.e. we have to visually check the NR7 existence but a list of stocks (like how you have) is not available.
I have modified the AFL which I have posted above so that it can be used for charting as well as exploration. I have already attached the chart above. Here I am attaching the screen shot of the exploration results.
Hope this AFL is useful to all those work with AmiBroker.
******************************************************
_SECTION_BEGIN("NR7");
R = H - L;
NR7 = False;
for(i = 7; i < BarCount; i++)
{ if( R < R[i - 1] AND R < R[i -2] AND R < R[i - 3] AND R < R[i - 4] AND R < R[i - 5] AND R < R[i - 6]) NR7 = True;}
if(Status("action") == actionIndicator)
{
Marker = shapeDigit7 * NR7;
MarkerColor = colorYellow;
MarkerDist = L * 0.995;
_N(Title = StrFormat("{{NAME}}, {{DATE}} ({{INTERVAL}}): {{VALUES}}") + EncodeColor(colorBrightGreen) + WriteIf(NR7, "*NR7*", ""));
PlotOHLC(O, H, L, C, "Close", colorLightGrey, styleBar);
PlotShapes(Marker, MarkerColor, 0, MarkerDist);
}
if(Status("action") == actionExplore)
{
Filter = NR7;
SetOption("NoDefaultColumns", True)
AddTextColumn(Name(), "Symbol");
AddColumn(DateTime(), "NR7 Date", formatDateTime);
AddColumn(H, "High Price", 6.2);
AddColumn(L, "Low Price", 6.2);
AddColumn(R, "Range", 6.2);
}
_SECTION_END();
****************************************************
The output from this AFL Exploration looks like this:
Regards
-Anant
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