PPK System

[Nehal_s143]

Hi

I had come across a website http : // reports.wealthpire.com/the-pattern-text/

which claims profit over 300% on every trade, they use following formula for trade

The PPK System

Here’s what that stands for:

P = Pattern

P = Price

K = Key Pivots


The Pattern is based on a mathematical formula that looks like this:

[ (number of periods) - (numberof periods since highest high) / (Numbers of periods) ] x 100

Can we write afl for above formula ? if yes Please help to write afl code

 

[sikandar]

Hi

I had come across a website http : // reports.wealthpire.com/the-pattern-text/

which claims profit over 300% on every trade, they use following formula for trade

The PPK System

Here’s what that stands for:

P = Pattern

P = Price

K = Key Pivots


The Pattern is based on a mathematical formula that looks like this:

[ (number of periods) - (numberof periods since highest high) / (Numbers of periods) ] x 100

Can we write afl for above formula ? if yes Please help to write afl code

it looks like aroon.
http://wisestocktrader.com/indicators/16-aroon
read the comments

 

[Nehal_s143]

it looks like aroon.
http://wisestocktrader.com/indicators/16-aroon
read the comments

Sir, Only look seems to be similar to Aroon but working is completely different

Aroon will keep generating X without any big movements

_SECTION_BEGIN("Aroon");
EnableTextOutput(False);
BasePeriod  = Param("Base Length", 14, 8, 50, 1);
SetChartOptions( 1, chartShowDates | chartWrapTitle, chartGrid20 | chartGrid30 | chartGrid50 | chartGrid70 | chartGrid80);
AroonDown  = ((BasePeriod - LLVBars(L, BasePeriod)) / BasePeriod) * 100;
AroonUp    = ((BasePeriod - HHVBars(H, BasePeriod)) / BasePeriod) * 100;
Plot(AroonUp, StrFormat(_SECTION_NAME()+" - Base: %g - UP", BasePeriod), colorGreen, styleLine);
Plot(AroonDown, " DOWN", colorRed, styleLine);
_SECTION_END();

 

[mastermind007]

Sir, Only look seems to be similar to Aroon but working is completely different

Aroon will keep generating X without any big movements

_SECTION_BEGIN("Aroon");
EnableTextOutput(False);
BasePeriod  = Param("Base Length", 14, 8, 50, 1);
SetChartOptions( 1, chartShowDates | chartWrapTitle, chartGrid20 | chartGrid30 | chartGrid50 | chartGrid70 | chartGrid80);
AroonDown  = ((BasePeriod - LLVBars(L, BasePeriod)) / BasePeriod) * 100;
AroonUp    = ((BasePeriod - HHVBars(H, BasePeriod)) / BasePeriod) * 100;
Plot(AroonUp, StrFormat(_SECTION_NAME()+" - Base: %g - UP", BasePeriod), colorGreen, styleLine);
Plot(AroonDown, " DOWN", colorRed, styleLine);
_SECTION_END();

This kind of looks like Piotriski Scan. A guy named Keith Fitzgerald also ran a website similar to this one. Whenever I find a marketing site like that, I become very sceptical.