Amibroker AFL code for Range Breakout Exploration with Buy Sell Levels:
Please find below the AFL code.
Script:
_SECTION_BEGIN(“Range Breakout Exploration”);
SetChartOptions(0,chartShowArrows|chartShowDates);
Plot( Close, “Price”, colorWhite, styleCandle );
Filter = Close > 0;
AddColumn(Open,”Open”);
AddColumn(High,”High”);
AddColumn(Low,”Low”);
AddColumn(Close,”Close”);
range = Min(H-O,O-L);
AddColumn(range,”Day’s Range”);
Avg5DayRange = MA(Ref(range,-1),5);
AddColumn(Avg5DayRange,”Average 5 Day’s Range”);
BuyAbove = O+Avg5DayRange;
SellBelow = O-Avg5DayRange;
AddColumn(BuyAbove,”Buy Above”);
AddColumn(SellBelow,”Sell Below”);
AddColumn(SellBelow,”Buy SL”);
AddColumn(BuyAbove,”Sell SL”);
BuyTGT1 = BuyAbove + Avg5DayRange;
BuyTGT2 = BuyTGT1 + Avg5DayRange;
BuyTGT3 = BuyTGT2 + Avg5DayRange;
SellTGT1 = SellBelow – Avg5DayRange;
SellTGT2 = SellTGT1 – Avg5DayRange;
SellTGT3 = SellTGT2 – Avg5DayRange;
AddColumn(BuyTGT1,”BuyTGT1″);
AddColumn(BuyTGT2,”BuyTGT2″);
AddColumn(BuyTGT3,”BuyTGT3″);
AddColumn(SellTGT1,”SellTGT1″);
AddColumn(SellTGT2,”SellTGT2″);
AddColumn(SellTGT3,”SellTGT3″);
SetSortColumns( -2 );
_SECTION_END();