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Oh - sorry, thought you know this one, it's simply : "PivotPoint"
regards
Stefan
--- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
> 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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