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Stefan;
Thanks Stefan,
how about ;
PP; Profit Percentage?
anthony
tradeshark@xxxx wrote:
> Of course Anthony,
>
> EntL = Entry or opening price for long position( I use this together
> with longtrade tradingsignals - for shorttrades simply ignore this
> figure )
>
> Stop = Stop-Price ( Stop-loss )
>
> PT = Profittarget ( or price target )
>
> MaxPos = Maximum Positionsize based on volatility, accountsize and 2%
> risk rule
>
> regards
> Stefan
>
> --- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
> > stephan;
> >
> > Could you explain the abbreviations in the title bar,
> > Thank you
> > Anthony.
> >
> > tradeshark@xxxx wrote:
> >
> > > Hi,
> > >
> > > first, the formula is not from me but from Anthony Faragasso and
> > > downloadable from the AB AFL site.
> > >
> > > The chart shows the various S/R and Pivot points as small dots
> above,
> > > below and in the middle of each barchart - the values are for the
> > > next trading day.
> > >
> > > This formula is mainly to be used as Guru Expert, where you can
> see
> > > the number in writing.
> > >
> > > If you want to have candles and Levels as lines rather than dots,
> try
> > > this modified version :
> > >
> > > MaxGraph =8;
> > >
> > > p = (H+L+C)/3;
> > > r1 = (2*p)-L;
> > > s1 = (2*p)-H;
> > > r2 = p +(r1 - s1);
> > > s2 = p -(r1 - s1);
> > >
> > > Graph0=p;
> > > Graph1=r1;
> > > Graph2 = s1;
> > > Graph3= r2;
> > > Graph4 = s2;
> > >
> > > Graph0Style = Graph1Style = Graph2Style = Graph3Style =
> Graph4Style =
> > > 1;
> > > Graph0Color = 2;
> > > Graph1Color = Graph2Color = 8;
> > > Graph3Color = Graph4Color = 6;
> > >
> > > Graph5 = Close;
> > > Graph5Color = 3;
> > > Graph5Style = 64;
> > >
> > > Title = Name() + ", PP: " + WriteVal(Graph0) + ", R1: "+
> WriteVal
> > > (Graph1) + ", S1: "+ WriteVal(Graph2) + ", R2: " + WriteVal
> (Graph3)
> > > + ",S2: " + WriteVal(Graph4);
> > >
> > > I personaly don't use the graphs at all. I use only the values as
> > > indicator and let the values display in an indicator window
> without
> > > any graphs ( together with my money-management systems values for
> > > each stock )
> > >
> > > You'll probably have to customize accountsize value and the risk
> > > tolerance per position( 2% in my case ).
> > > I used standard 10K account size ( see graph4 )
> > > Positionsize is determined based on underlyings volatility, risk
> > > tolerance and accountsize.
> > >
> > > If you want to try it, here it is :
> > >
> > > MaxGraph = 10;
> > > Graph1 = EMA(Close,5)-(EMA(ATR(1),10)*1.50);
> > > Graph1Style = 16;
> > > Graph2 = EMA(Close,5)+(EMA(ATR(1),10)*2.5);
> > > Graph2Style = 16;
> > > Graph3 = EMA(Close,5)+(EMA(ATR(1),10)/4);
> > > Graph3Style = 16;
> > > Graph4= ((10000)*2/100)/(EMA(Close,5)+ (EMA(ATR(1),10)/4)-(EMA
> > > (Close,5)-(EMA(ATR(1),10)*1.25)));
> > > Graph4Style = 16;
> > > p = (H+L+C)/3;
> > > r1 = (2*p)-L;
> > > s1 = (2*p)-H;
> > > r2 = p +(r1 - s1);
> > > s2 = p -(r1 - s1);
> > >
> > > Graph5=p;
> > > Graph6=r1;
> > > Graph7 = s1;
> > > Graph8= r2;
> > > Graph9 = s2;
> > >
> > > Graph5Style = Graph6Style = Graph7Style = Graph8Style =
> Graph9Style =
> > > 16;
> > >
> > > Title = Name() + "- EntL:" + WriteVal(Graph3) + ", Stop:"+
> WriteVal
> > > (Graph1) + ", PT: "+ WriteVal(Graph2) + ", MaxPos:" + WriteVal
> > > (Graph4)+ ", PP:" + WriteVal(Graph5) + ", R1:"+ WriteVal(Graph6)
> > > + ", S1:"+ WriteVal(Graph7) + ", R2:" + WriteVal(Graph8)
> + ",S2:"
> > > + WriteVal(Graph9);
> > >
> > > regards
> > > Stefan
> > >
> > > --- In amibroker@xxxx, "Dr. S. Nathan Berger" <snberger@xxxx>
> wrote:
> > > > Hello, Stefan,
> > > >
> > > > Would you please post a picture of how the graph appears? I am
> not
> > > sure
> > > > what comes from my computer argees with what you have in your
> mind.
> > > >
> > > > Thanks,
> > > >
> > > > Nate
> > > >
> > > >
> > > >
> > > > At 11:29 AM 11/2/01 -0000, you wrote:
> > > > >Hello Tom,
> > > > >
> > > > >for which time frame ?
> > > > >
> > > > >Here's the formula ( expert ) for the next trading day :
> > > > >
> > > > >/* Pivot points and Support and Resistance Points*/
> > > > >/* for next day trading*/
> > > > >/* coded by Anthony Faragasso */
> > >
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
>
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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