Linkon's AFL collection...

[linkon7]

linkon sir u r intraday afl collections so fine , please best intraday afl any 1 or 2 pls sir post it.......thanks lot .........

if only a single afl could make me rich.... i would gladly share it with everyone...!

sab raheej ban jaate aur apna desh firse sone ki chiriya ban jata... India would be a super power by 2020...

Kaash... wishes were horses... then all of us would ride it to the moon...!

 

[tinchu76]

Hi Linkon

One request or help needed.

I was going thru Columbus's thread of BB worm where u have developed BB code by shifting 3 bars to right.

Plot(ref(BBandTop(C,20,2),-3),"",colorYellow,styleDashed);

Just want to plot 20 MA (shifting 3 bars to right) so that it Bisect's BB.

pls guide.When ever time permits.

Thanks

 

[linkon7]

Hi Linkon

One request or help needed.

I was going thru Columbus's thread of BB worm where u have developed BB code by shifting 3 bars to right.

Plot(ref(BBandTop(C,20,2),-3),"",colorYellow,styleDashed);

Just want to plot 20 MA (shifting 3 bars to right) so that it Bisect's BB.

pls guide.When ever time permits.

Thanks

to shift BB three spaces to the right... we can use...
Plot(MA(C,20),"",colorYellow, styleDashed,Null,Null,3);


This is a much decent query as there is a thought process involved.

First thing is BB worm is a wonderful concept by columbus. Hats off to the guy. :clapping: :clapping: I use it in my day to day trading.

Coming back to your problem... why do u want to bisect the BB..? this is a pure fading the extreame trading method where market is sideways and u want to short the top and buy the bottom. Idea of shifting the BB 3 spaces to the right is to cancel the BB's habit of encapsulating price bars.

 

[anayash]

Hi Linkon,


Between BB & Moving average cloud/envelope....which one do you think is better suited for trading in terms of:

1. predicting short term direction for intraday trading
2. assisting your decisions for entry & exit
3. protection from whipsaws

Cheers!

 

[linkon7]

Hi Linkon,


Between BB & Moving average cloud/envelope....which one do you think is better suited for trading in terms of:

1. predicting short term direction for intraday trading
2. assisting your decisions for entry & exit
3. protection from whipsaws

Cheers!

BB or price envelopes or any band is not designed for giving market direction. It just tells u the stretch mark. If u are using BB(c,20) then it'll tell you where price can go if it had to stretch to 2 std deviation from the 20 ma of the close. If we use keltner band with 20,2 settings, it'll tell you the where the price can go if price moved 2 atr (average true range) from the 20 ma of close...

we can use it as a stretch point where ideally price has to return to the centre (20 ma) or if there is sufficient conviction, the same point can act as a break down / break out point.

nothing can protect us from whipsaws... they are part and parcel of every day trade.

 

[tinchu76]

to shift BB three spaces to the right... we can use...
Plot(MA(C,20),"",colorYellow, styleDashed,Null,Null,3);


This is a much decent query as there is a thought process involved.

First thing is BB worm is a wonderful concept by columbus. Hats off to the guy. :clapping: :clapping: I use it in my day to day trading.

Coming back to your problem... why do u want to bisect the BB..? this is a pure fading the extreame trading method where market is sideways and u want to short the top and buy the bottom. Idea of shifting the BB 3 spaces to the right is to cancel the BB's habit of encapsulating price bars.

Okay now got the concept much clearer of shifting BB to right.

Thanks for AFL and immediate reply.

The basic reason was to see the price reaction at the MA.

Nice to be in the company of MasterS. :clapping:

Thanks

 

[santoshdts]

Hii..

I was wondering If Linkon or any other senior could write a code for the following condition.

Close= above 3EMA (price range OHLC higher than 3EMA)=Sell
Close= Below 3EMA (Price range OHLC Below 3EMA)=Buy

If possible kindly post the same,

ThanX & regards

 

[Trady]

Hi Santosh,

Is this what r u Looking for ?

// Santosh-DTS System //

Buy  = O < EMA(O,3) AND H < EMA(H,3) AND L < EMA(L,3) AND C < EMA(C,3);
Sell = O > EMA(O,3) AND H > EMA(H,3) AND L > EMA(L,3) AND C > EMA(C,3);
Res  = WriteIf(Buy,"Buy",WriteIf(Sell,"Sell","Neutral"));
Col  = IIf(Buy,colorGreen,IIf(Sell,colorRed,colorLightGrey));

Filter = Buy OR Sell ;

AddTextColumn(Res,"Close",1.2,Col);

Have a nice trading day:thumb:

 

[idea999]

Could you pls. post the link again?
I can't access it.

Thanks

 

[santoshdts]

Hi Santosh,

Is this what r u Looking for ?

// Santosh-DTS System //

Buy  = O < EMA(O,3) AND H < EMA(H,3) AND L < EMA(L,3) AND C < EMA(C,3);
Sell = O > EMA(O,3) AND H > EMA(H,3) AND L > EMA(L,3) AND C > EMA(C,3);
Res  = WriteIf(Buy,"Buy",WriteIf(Sell,"Sell","Neutral"));
Col  = IIf(Buy,colorGreen,IIf(Sell,colorRed,colorLightGrey));

Filter = Buy OR Sell ;

AddTextColumn(Res,"Close",1.2,Col);

Have a nice trading day:thumb:

ThanX a Lot!
With regards
Santosh