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Fibonacci Bollinger Bands in new light

Fibonacci Bollinger Bands indicator is a very nice, trustworthy and easy to grasp indicator. (The afl is available on various website, with the candle bar. As for me western bar gives more clear result I`ve channged the code with little effort. I will post Chart and AFL later) Fibonacci Bollinger Band is based on the same principles as the standard Bollinger Bands indicator. The upper and lower bands of Fibonacci Bollinger Bands indicator depends on volatility just like the Bollinger Bands indicator does. There is a difference though, in standard B bands standard deviation is used as the measure of volatility. In Fibonacci B Bands Wilders Smoothed ATR is used.

Ami AFL for Dummies : Change the shapes

In amibroker, the most popular technical analysis software, there are hundreds of charts. They use arrows and other shapes to show buy/sell or other signals. And some of them are very fascinating. But did you ever think that even you can change them very easily, without knowing afl? I had a thought from the very beginning. as tweaking the shapes sometimes help expressing the chart better. Here is the trick. Open the afl coed in formula. Find the PlotShapes syntax. Change the shape constant as you wish. Save. Instantly, the shape will change in chart. There are lot of constants to use. They come bellow the picture shot, i`ve taken from Amibroker. First see it. There are lot of constants to use. They are : shapeNone, shapeUpArrow, shapeDownArrow, shapeHollowUpArrow, shapeHollowDownArrow, shapeSmallUpTriangle, shapeSmallDownTriangle, shapeHollowSmallUpTriangle, shapeHollowSmallDownTriangle, shapeUpTriangle, shapeDownTriangle, shapeHollowUpTriangle, shapeHollowDownTriangle, shapeS...

4 Tips for using Midas in KPL, Code added

ATTENTION : KPL-Midas Code is at the last part of this post. Please copy and paste in your amibroker.) 4 Tips for using Midas in KPL: 1. put your price mark at the beginning of last major price break, bullish or bearish. 2. Right click on price chart, and open Peremeters 3. Change the settings of VWAP channel and ovserve in chart, whether it can create strong support /ressitance level. or not. 4. If you are satisfied with the setting, click OK. (of course, at the same time you can change the KPLs perimeter.) KPL Swing is a simple trend following mechanical trading system. It automates the entry and exit signal. This trading system is very simple and easy to use. It works across multiple time frames and does not require any in-depth knowledge of TA. In KPL System no targets are given as no one knows how high (or low) the stock price will reach. A trailing stoploss locks in the gains and removes emotions from trading. The MIDAS system of technical market analysis is based ...

Amibroker chart : swing from Bar to Candle, Candle to Bar

Using a Amibroker chart for months, years, ages? Same look of the chart seems now boring? Or, candle chart got so clumsy that sometimes it is hard to understand? Or just want to make fun with charts outlook? Just do a simple tick to swift from Bar to Candle, Candle to Bar. Tips : Go to chart that has candle.  Click on Right mouse button. Click on `Edit Formula'. It will open the AFl in formula editor, dont get afraid. Go to Edit (of formula editor, not amibroker) Click Find. Type `candle' in search box. (You will get result like : 1. if (PriceStyle==styleCandle) or 2. Plot( C, "Close", Color, styleCandle  | styleNoTitle ); or 3. Plot( C, "Close", color, styleCandle |) Dont get out of the search box, but keeping it open select the word `Candle' in formula editor and changewith `Bar'. Click Save (on formula editor, but keep the search box open) and you will get a new looking chart. Liked it? Then close the search box. Disliked it? Undo the change, mean...

Amibroker AFLs Hidden Tips

New Amibroker users dont know that within AFL they can get valuable information. Some code writer gives the first tips or guidelines within code in Text format. Even we can get contact details of the writer for further help. So amibroker users should open their favorite AFLs to check whether the AFL has any tip within or not. It will enrich their knowledge. Of course, most of the writers just give a short guideline, and some even don't give anything. Opening an AFL is very simple. Click Write Muse Button. It will open a dialogue box. Find Edit Formula and click on it. After having a look, just close the Formula Editor. One example : if we open the AFL of Turtle trading system we get these information: Author/Uploader: DrZingaro E-mail:          drzingaro@gmail.com...    Strengths: volatility-based. Weaknesses: lag and since volatility increases at the end of a trend, traders exits early. Description: Indicator is used to keep track ...

Make your Amibroker Chart Colorful

You can make any chart of Amibroker Colorful with gradient effect. Just copy and paste this code above any afl codes, save, open parameter and choice two of your favorite color. Its done! code are : SetChartBkGradientFill( ParamColor("BgTop", ColorRGB( 172,172,172 )), ParamColor("BgBottom", ColorRGB( 172,172,172 )),ParamColor("titleblock",ColorRGB( 172,172,172 ))); This tip is not intended for primary level user. To change Amibroker`s default Background color visit http://tatunnel.blogspot.com/2010/07/change-amibroker-chart-background-color.html