How to use basing candle AFL in Amibroker?
How to use basing candle AFL in Amibroker?
Basing Candle indicator is one of the most important component of Price action Trading. You can learn more about it in our YouTube Video.
Script:
_SECTION_BEGIN(“Basing bar”);
dot = Null;
dot = IIf(((abs(Close-Open))/(abs(High-Low)))*100<50, True, False);
Buy = dot;
PlotShapes( IIF( buy, shapeSmallCircle, shapeNone ), colorRed,0, Graph0, -5, 0 );
_SECTION_END();
To download the data files & the Script used in the previous video, use the following link:
http://marketsecrets.in/blog/how-to-create-and-backtest-afl-scripts-in-amibroker
Link to download Basing Candle AFL for AmiBroker:
https://drive.google.com/file/d/14Cp5EtXUbHk4DBKdK-j5YKxhCMKAPRg0/view?usp=sharing
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