Time based trading nift and banknifty

[sangram1705]

pm activated.

I missed your post, I will give it when I get back home.
Thanks

 

[VJAY]

This may work for lower versions.
Thanks for the hint Casoni !!!
:clapping:

/*
it is based on macd last two weeks same time and plots a histogram
this is derived from idea of all big players place same time every day.
those big lots only effects markets

2 weeks
beyond 2 weeks no use
you can select upto 8 weeks

timings on top means down bottom means up.
zereo line must cross smoothly. if there is gap there is chance of reversal.
exit there renter latter depending on trend.
trend is always your friend.this is TIMELY HELPING FRIEND.

plot 7 days back histogram for today.average of 1st week and 2ndweek back from today.

*/

SetChartBkColor(colorBlack);SetChartOptions(0,chartShowDates);
function fMacdHisto( input, f0, f1, f2 ) 
{ 
	mymacd = EMA(input,f0) - EMA(input,f1);
	mymacdsig = EMA(mymacd,f2);

	result = mymacd - mymacdsig;

   return result; 
}
bars=0;
 if (Interval()==in1Minute) {bars = 376;}  
 if (Interval()==in5Minute) {bars = 76 ;}
 if (Interval()==in15Minute) {bars = 26 ; } 
XXy=Param("past day",7,1,40,1);
priceA = Ref(C,-bars*xxy);
MA1	= Param("Fast",5,2,130,1);
MA2 = Param("slow",20,5,150,1);
MA3 = Param("sIG",20,2,90,1);

Mh   = fMacdHisto( priceA, MA1, MA2, MA3);
color=IIf(mh>0,5,4);
Plot( mh , "MACD Histogram",Color,  ParamStyle( "Histogram style", styleHistogram | styleThick , maskHistogram ) );

a=Cross(mh,0);// bullish
b=Cross(0,mh); //beaqrish
ax=Flip(a,b); 
ay=Flip(b,a); 
Up =ExRem(a, b);
Dn =ExRem(b, a);
xx=BarIndex();Lx=LastValue(xx);  
PLBars  = IIf(Up, LowestSinceBars(Dn, mh ,1),0); //find the bar that produced the Lowest Low
PHBars  = IIf(Dn, HighestSinceBars(Up,mh, 1),0); //find the bar that produced the Highest High
PLPrice = IIf(Up, Ref(mh, -pLBars), 0);
PHPrice = IIf(Dn, Ref(mh, -pHBars),0);

pk=mh==ValueWhen(PHBars,Ref(mh,-PHBars),0);
//PlotShapes(shapeSmallCircle*pk,ColorRGB(255,0,0),0,mh,10);
tr=mh==ValueWhen(PLBars,Ref(mh,-PLBars),0);
//PlotShapes(shapeSmallCircle*tr,ColorRGB(0,100,0),0,mh,-10);


dt=Ref(DateTimeConvert( 2, DateNum() ),-bars*xxy); //dt
Rve=Ref(DateTimeConvert(1, DateTime()  ),-bars*xxy);//hour

 
fvb=Status("firstvisiblebarindex"); 
lvb=Min(Lx,Status("lastvisiblebarindex")); 
Font= ParamList("Font:","Arial|Berlin Sans FB|Book Antiqua|Candara|Calibri|Tahoma|Times New Roman|Engravers MT| ",5);
Vd         = ParamToggle("Show pK-tr","No|Yes" ,1);
Ve         = ParamToggle("Show 0 cross","No|Yes" ,0);
for(i=fvb;i<lvb;i++)  
{ 

    if( pk[i] ) PlotText( "" +DateTimeToStr( dt [ i ] )+"\n"+Rve[i],i, mh[ i ]+0.15, colorGreen );
if( tr[i] ) PlotText( "" +DateTimeToStr( dt [ i ] )+"\n"+Rve[i],i, mh[ i ]-0.1, colorRed );   
   
    if( up[i] ) PlotText( "" +DateTimeToStr( dt [ i ] )+"\n"+Rve[i],i, mh[ i ]+0.15, colorBlue );
if( dn[i] ) PlotText( "" +DateTimeToStr( dt [ i ] )+"\n"+Rve[i],i, mh[ i ]-0.1, colorOrange );   
   
   
}   
strWeekday = StrMid("SunMonTueWedThuFriSat", SelectedValue(DayOfWeek())*3,3);
Title = 
EncodeColor(colorWhite)+ "" + " - " +  Name() + " - " + "Time base"+
/* " | " + EncodeColor(colorLime)+ Interval(2) + EncodeColor(colorWhite) + "  #  "+strWeekday +" , "+ Date()+
"\n"+EncodeColor(colorYellow) +"Op -"+O+" : "+EncodeColor(colorLime)+"Hi-"+H+" :  "+EncodeColor(colorOrange)+"Lo-"+L+"  : "+EncodeColor(colorWhite)+ "Cl-"+C+" : "+EncodeColor(colorYellow)+ "Vol= "+ WriteVal(V/1000)+
encodecolor( colorPink)+"\n"+*/
"\n"+"Days Back : "+xxy;

Dear amit,
is time is missing ?

 

[amitrandive]

Dear amit,
is time is missing ?

VJAY

This is the same image that I am getting.Not sure maybe others can advise on this.
Also there are two histograms and this AFL makes only one histogram.
May some expert will throw light on how to use this AFL along with the required parameters effectively.

 

[mt4trader]

BANKNIFTY 12th peformance

 

[casoni]

Hello mt4trader,
images you have posted [ Histogram ] are of 1 min timeframe ??
please post image of full session i.e from 9:15 to 15:30 [ Nifty / Banknifty spot or futures ]
Thank you.

 

[mt4trader]

i am posting 3mnt because less signals
above chart is 3mnt signals on one mnt chart

 

[amitrandive]

AMACD true
rest of all default

VJAY

This is the same image that I am getting.Not sure maybe others can advise on this.
Also there are two histograms and this AFL makes only one histogram.
May some expert will throw light on how to use this AFL along with the required parameters effectively.

Casoni

The AFL you have made contains only MACD as the indicator.The indicator parameters which mt4trader has shared has many others like CCI,stochastics,etc.

 

[casoni]

Yes ... combination of CCI , MACD ,STOCK , image shows
cci = 30 ;
macd=5,20 ;
stochK=14 ;
stochD =7 ;

 

[mt4trader]

Last friday holi so no chart today

 

[Bewinner]

Last friday holi so no chart today

did not understand...what is the relationship of todays chart with holi