Camarilla Equation

amitabha chatterjee · #1 11th January 2007, 07:39 PM

recently I've Heard Abt Camarilla Equation. Does It Work? Plz Inform.

jatayoo · #2 11th January 2007, 09:54 PM

Quote:

Originally Posted by amitabha chatterjee

recently I've Heard Abt Camarilla Equation. Does It Work? Plz Inform.

-----------------------------------------------------------------------------
Any Link TO It?Lets check it out.

Traderji · #3 12th January 2007, 08:20 AM

Camarilla Equation are pivot levels primarly used for day trading. You can read more about them at:

http://www.camarillaequation.com/

amitabha chatterjee · #4 13th January 2007, 01:09 PM

surefirething.com is providing online cammarila eqn & they are charging approx 5000 for one week.i want to will there be any diff of values between joy's pivot calculator (camarilla based) & surefire

krishna_tiwari1 · #5 15th April 2008, 04:28 PM

will anyone let me know about link for camarilla equation calculator ( free ).

thanks in advance

Krishna

dhakkan · #6 15th April 2008, 05:02 PM

Thanks, for posting on this thread....came to know about this.....

I just googled and found out the following on eliteTrader..
Please someone can comment on this.. I know its not the Holy Grail... but what is it.. does it helps in any way....why so much hype....

Dont know if these are correct

Camarilla equation :
HL5 = (hi/lo)*close
HL4 = ( ((hi/lo)+0.83)/1.83 ) *close
HL3 = ( ((hi/lo)+2.66)/3.66 ) *close
LL5 = close - (HL5-close)
LL4 = close - (HL4-close)
LL3 = close - (HL3-close)

Metastock
{---------------------------BEGIN---------------------}
Prd:=Input("Points From Nearest Pivot",.1,200,45);
D:=DayOfMonth()<>ValueWhen(2,1,DayOfMonth());
HighPd:=If(D OR Cum(1)=2,H,Max(H,PREV));
LowPd:=If(D OR Cum(1)=2,L,Min(L,PREV));
LastH:=ValueWhen(1,D,ValueWhen(2,1,HighPd));
LastL:=ValueWhen(1,D,ValueWhen(2,1,LowPd));
LastC:=ValueWhen(1,D,ValueWhen(2,1,C));
Pivot:=(LastH+LastL+LastC)/3;
R1:=((LastH/LastL))*LastC;
S1:=LastC - (R1-LastC);
R2:=(((LastH/LastL)+0.83)/1.83)*LastC;
S2:=LastC - (R2-LastC);
R3:=(((LastH/LastL)+2.66)/3.66)*LastC;
S3:=LastC - (R3-LastC);
If(R3-HHV(H,30)0,R3),ValueWhen(1,Pivot>0,Pivot));
If(R2-HHV(H,30)0,R2),ValueWhen(1,Pivot>0,Pivot));
If(R1-HHV(H,30)0,R1),ValueWhen(1,Pivot>0,Pivot));
ValueWhen(1,Pivot>0,Pivot);
If(LLV(L,30)-S10,S1),ValueWhen(1,Pivot>0,Pivot));
If(LLV(L,30)-S20,S2),ValueWhen(1,Pivot>0,Pivot));
If(LLV(L,30)-S30,S3),ValueWhen(1,Pivot>0,Pivot));
{---------------------------END---------------------}

nagendra_gb · #7 15th April 2008, 05:26 PM

Any one pls provide afl for amibroker also

ajaygodha · #8 15th April 2008, 05:49 PM

Quote:

Originally Posted by dhakkan

Thanks, for posting on this thread....came to know about this.....

I just googled and found out the following on eliteTrader..
Please someone can comment on this.. I know its not the Holy Grail... but what is it.. does it helps in any way....why so much hype....

Dont know if these are correct

Camarilla equation :
HL5 = (hi/lo)*close
HL4 = ( ((hi/lo)+0.83)/1.83 ) *close
HL3 = ( ((hi/lo)+2.66)/3.66 ) *close
LL5 = close - (HL5-close)
LL4 = close - (HL4-close)
LL3 = close - (HL3-close)

Metastock
{---------------------------BEGIN---------------------}
Prd:=Input("Points From Nearest Pivot",.1,200,45);
D:=DayOfMonth()<>ValueWhen(2,1,DayOfMonth());
HighPd:=If(D OR Cum(1)=2,H,Max(H,PREV));
LowPd:=If(D OR Cum(1)=2,L,Min(L,PREV));
LastH:=ValueWhen(1,D,ValueWhen(2,1,HighPd));
LastL:=ValueWhen(1,D,ValueWhen(2,1,LowPd));
LastC:=ValueWhen(1,D,ValueWhen(2,1,C));
Pivot:=(LastH+LastL+LastC)/3;
R1:=((LastH/LastL))*LastC;
S1:=LastC - (R1-LastC);
R2:=(((LastH/LastL)+0.83)/1.83)*LastC;
S2:=LastC - (R2-LastC);
R3:=(((LastH/LastL)+2.66)/3.66)*LastC;
S3:=LastC - (R3-LastC);
If(R3-HHV(H,30)0,R3),ValueWhen(1,Pivot>0,Pivot));
If(R2-HHV(H,30)0,R2),ValueWhen(1,Pivot>0,Pivot));
If(R1-HHV(H,30)0,R1),ValueWhen(1,Pivot>0,Pivot));
ValueWhen(1,Pivot>0,Pivot);
If(LLV(L,30)-S10,S1),ValueWhen(1,Pivot>0,Pivot));
If(LLV(L,30)-S20,S2),ValueWhen(1,Pivot>0,Pivot));
If(LLV(L,30)-S30,S3),ValueWhen(1,Pivot>0,Pivot));
{---------------------------END---------------------}

Thanks for information. From where did u get the code for Metastock? I think it needs some modification as the above code is giving syntax errors

dhakkan · #9 15th April 2008, 07:06 PM

Got the formula from EliteTrader ( w w w dot EliteTrader dot com ), as I already mentioned...
Please correct it ...

rkkarnani · #10 15th April 2008, 08:14 PM

Quote:

Originally Posted by amitabha chatterjee

recently I've Heard Abt Camarilla Equation. Does It Work? Plz Inform.

The link provided by Traderji gives a lot of info abt this Equation. It gives out better Pivot levels than the normal pivot calculations.
Camerrilla or any other indicator or system properly back tested can improve the returns if traded with discipline.
regards
R K Karnani

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