Range breakout exploration

Hi all,

I was looking for range breakout exploration and found one that is attached here. However i want to understand what is code doing at each line of the code.

Can some one explain the code what it is doing in each section
Thanks
Rajeev

A similar method is propagated as ACD breakout method by Mark Fisher ---
For details, please refer :

http://amibrokerfan.com/index.php?op...28&topic=517.0

In one of his messages, saji oommen has posted following afl formula and dll, which you may find useful.

Please also see following thread on this subject.

http://www.traderji.com/trading-resources/4801-directional-day-filter-determine-market-trend.html

I could not attach afl file here. However, For this AFL Zip.rar file, please refer following thread.

http://www.traderji.com/technical-analysis/14990-60-minutes-range-breakout-5.html

Dear Kgsirasangi,

Hello,

The links you have provided are not working.
I have also found ACD breakout and was trying various combinations with it.
something similar to that is plotting opening range with this,

ACDTimeC = TimeNum();
ACDTimeS = TimeNum()-10000;
RHigh=
ValueWhen(TimeNum()>ACDTimeS AND TimeNum()<ACDTimeC,HighestSince(DateNum()>Ref(DateNum(),-1),High));
RLow =
ValueWhen(TimeNum()>ACDTimeS AND TimeNum()<ACDTimeC,LowestSince(DateNum()>Ref(DateNum(),-1),Low));
Plot(RHigh,"ORHigh",colorBlue,style=styleStaircase+styleDots+styleNoLine);
Plot(RLow,"ORLow",colorBlue,style=styleStaircase+styleDots+styleNoLine);


so idea was to also scan for the prospective breakouts after plotting opening range.

Another idea was also to look for range consolidation even after the opening ( i mean consolidations that occur during the day) and then look out for prospective breakouts

Kindly sugesst if u have anything like that.

Thanks
Rajeev

Dear Rajeev,

Please download AFL Zip.rar file from my message in third link which is working. This is for intraday. You need at least 3-4 days intraday data.
Direction Day Filter.afl works on ACD concept. You have to use deDateTime.dll with it. Files are in above .rar file.
.dll file is to be copied in amibroker/plugins directory.

Hope you find this useful.

Regards.

Dear Kgsirasangi,

Hello,


I have downloaded that zip file. It contains one AFL file which i have modified for Indian Markets (opening, closing Times), and tried to run it in scan, it is giviving errors. The zip file also contains one DLL file and i am not able to make out what is to be done with it. No details have been mentioned. If you can kindly explain how to use it.

Kind regards
rajeev

Dear Rajeev,

As already mentioned, kindly copy .dll file in amibroker/plugins directory.

Regards.

pls give me sme some gud softwares for real time stock quotes

Hello,

Thanks for the help
after copying in plugin directory and restarting amibroker it started working. Thanks a lot.
Rajeev

Hello,

I have modified the AFL to change market timings for NSE. I have also added filter so as to make it work as exploration. I will request all seniors to look at the syntex and advise if i am making any error and suggestions to improve it further.
Thanks
Rajeev

Hi
I want to export data in Amibroker to execlsheet. How can I do this.
Thanks
Mfire