Instant Actionable Profit With Bollinger Band ZigZag Indicator 4

BOLLINGER BAND ZIGZAG INDICATOR 4

Want instant profit ? Than use Bollinger Band ZigZag Indicator 4 for Amibroker AFL. Bollinger Band identify Lower upper support resistance. It makes your trading sense. With ZigZag indicator with Bollinger Band, it also be stronger modify indicator. So why not use Bollinger Band ZigZag Indicator 4 .

This modify indicator influence you to trade scalp. See first trend in max time frames, and trade on that . For small profits with small stop loss. So scalp the trend with the formula.

Image of AFL [amibroker formula language].

AMIBROKER AFL CODE

//------------------------------------------------------------------------------
//  Formula Name	:      BOLLINGER BAND ZIGZAG INDICATOR afl by pipschart
//  Author	        :      KrT group
//  Up-loader	        :      www.pipschart.com
//  E-mail		:      info@pipschart.com
//  Amibroker Blog	:      www.pipschart.com/amibroker
//  Origin		:      Modified & Collected from different sources.
//------------------------------------------------------------------------------

_SECTION_BEGIN("KrT group");
GfxSetBkMode(1);
X=750;
Y=1;
Font=10;
GfxSelectFont("Impact",Font*2.2, 550);GfxSetTextColor(colorRed);GfxTextOut

("KrT group",x,y);
GfxSelectFont("Impact",Font*2.2, 550);GfxSetTextColor(colorGreen);GfxTextOut

("RESEARCH",x+120,Y);

_SECTION_END();

//----------------------------------------------------------------------

_SECTION_BEGIN("Bollinger Band ZigZag Indicator");
function ParamOptimize( description, defaultVal, minv, maxv, step )
    { 
    return Optimize(description, Param(description,defaultVal, minv, maxv, step ), 

minv, maxv, step ); 
    }

BlankBars = 10; // Set to the number set in preferences

Buy = Sell = Short = Cover = Pos = 0;
Periods = ParamOptimize( "Periods", 3, 3, 30, 1 );
Width = ParamOptimize( "Width", 1, 0, 5, 0.1 );
BBTOp = BBandTop( H, Periods, Width ); // Note H is used instead of the 

tradional C
BBBot = BBandBot( L, Periods, Width ); // Note L is used instead of the tradional C

Plot( BBTop, "BBTop", colorBlue, styleLine );
Plot( BBBOt, "BBBot", colorBlue, styleLine );
Plot( C, "", 1, 128 );

BI = BarIndex();
start = Status( "firstvisiblebarindex" ) - BI[0] - BlankBars;
end     = Status( "lastvisiblebarindex" ) - BI[0] - BlankBars;
LBI = LastValue( BarIndex() );

for ( b = LBI; b > Periods; b-- )
{
    if ( L[b] <= BBBot[b] AND pos <= 0 )
    {
        pos = 1;
        Buy[b] = True;
        BuyPrice[b] = BBBot[b];
    }
    else
        if ( H[b] >= BBTop[b] AND Pos >= 0 )
        {
            Pos = -1;
            Sell[b] = True;
            SellPrice[b] = BBTop[b];
        }
}

Short = Sell;
ShortPrice = SellPrice;

Cover = Buy;
CoverPrice = BuyPrice;

Eq = Equity( 1 );

if ( ParamToggle( "Equity", "HIDE|SHOW", 0 ) )
    Plot( Eq, "", colorYellow, 1 | styleOwnScale );

ShowTriangles = ParamToggle( "Arrows", "HIDE|SHOW", 1 );

if ( showTriangles )
{
    PlotShapes( IIf( Buy,     shapeSmallUpTriangle, shapeNone ), 5, 0, BuyPrice, 0 );
    PlotShapes( IIf( Sell,    shapeHollowDownTriangle, shapeNone ), 4, 0, SellPrice, 

0 );
    PlotShapes( IIf( Cover, shapeHollowUpTriangle, shapeNone ), 5, 0, CoverPrice, 

0 );
    PlotShapes( IIf( Short, shapeSmallDownTriangle, shapeNone ), 4, 0, ShortPrice, 

0 );
}

if ( ParamToggle( "Trade Lines", "HIDE|SHOW", 0 ) )
{
    Sig = Buy OR Short;
    signum = Cum( Sig );
    y0 = 0;
    y1 = C[0];
    TPrice = C;
    Shortcolor = LongColor = colorWhite;

    for ( b = start ;b < end ;b++ )
    {
        if ( Sig[b] )
        {
            x0 = y0;
            x1 = y1;
            y0 = b;

            if ( Buy[b] )
            {
                y1 = BuyPrice[b];
                Color = Shortcolor;
            }
            else
                if ( Short[b] )
                {
                    y1 = ShortPrice[b];
                    Color = Longcolor;
                }

            if( SigNum[b] > 1 ) Plot( LineArray( x0, x1, y0, y1 ), "", Color, 1 | styleThick 

);
        }
    }
}
_SECTION_END();

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//------------------------------------------------------------------------------

// Formula Name : BOLLINGER BAND ZIGZAG INDICATOR afl by pipschart

// Author : KrT group

// Up-loader : www.pipschart.com

// E-mail : info@pipschart.com

// Amibroker Blog : www.pipschart.com/amibroker

// Origin : Modified & Collected from different sources.

//------------------------------------------------------------------------------

_SECTION_BEGIN("KrT group");

GfxSetBkMode(1);

X=750;

Y=1;

Font=10;

GfxSelectFont("Impact",Font*2.2, 550);GfxSetTextColor(colorRed);GfxTextOut

("KrT group",x,y);

GfxSelectFont("Impact",Font*2.2, 550);GfxSetTextColor(colorGreen);GfxTextOut

("RESEARCH",x+120,Y);

_SECTION_END();

//----------------------------------------------------------------------

_SECTION_BEGIN("Bollinger Band ZigZag Indicator");

function ParamOptimize( description, defaultVal, minv, maxv, step )

{

return Optimize(description, Param(description,defaultVal, minv, maxv, step ),

minv, maxv, step );

}

BlankBars = 10; // Set to the number set in preferences

Buy = Sell = Short = Cover = Pos = 0;

Periods = ParamOptimize( "Periods", 3, 3, 30, 1 );

Width = ParamOptimize( "Width", 1, 0, 5, 0.1 );

BBTOp = BBandTop( H, Periods, Width ); // Note H is used instead of the

tradional C

BBBot = BBandBot( L, Periods, Width ); // Note L is used instead of the tradional C

Plot( BBTop, "BBTop", colorBlue, styleLine );

Plot( BBBOt, "BBBot", colorBlue, styleLine );

Plot( C, "", 1, 128 );

BI = BarIndex();

start = Status( "firstvisiblebarindex" ) - BI[0] - BlankBars;

end = Status( "lastvisiblebarindex" ) - BI[0] - BlankBars;

LBI = LastValue( BarIndex() );

for ( b = LBI; b > Periods; b-- )

{

if ( L[b] <= BBBot[b] AND pos <= 0 )

{

pos = 1;

Buy[b] = True;

BuyPrice[b] = BBBot[b];

}

else

if ( H[b] >= BBTop[b] AND Pos >= 0 )

{

Pos = -1;

Sell[b] = True;

SellPrice[b] = BBTop[b];

}

Short = Sell;

ShortPrice = SellPrice;

Cover = Buy;

CoverPrice = BuyPrice;

Eq = Equity( 1 );

if ( ParamToggle( "Equity", "HIDE|SHOW", 0 ) )

Plot( Eq, "", colorYellow, 1 | styleOwnScale );

ShowTriangles = ParamToggle( "Arrows", "HIDE|SHOW", 1 );

if ( showTriangles )

{

PlotShapes( IIf( Buy, shapeSmallUpTriangle, shapeNone ), 5, 0, BuyPrice, 0 );

PlotShapes( IIf( Sell, shapeHollowDownTriangle, shapeNone ), 4, 0, SellPrice,

0 );

PlotShapes( IIf( Cover, shapeHollowUpTriangle, shapeNone ), 5, 0, CoverPrice,

0 );

PlotShapes( IIf( Short, shapeSmallDownTriangle, shapeNone ), 4, 0, ShortPrice,

0 );

}

if ( ParamToggle( "Trade Lines", "HIDE|SHOW", 0 ) )

{

Sig = Buy OR Short;

signum = Cum( Sig );

y0 = 0;

y1 = C[0];

TPrice = C;

Shortcolor = LongColor = colorWhite;

for ( b = start ;b < end ;b++ )

{

if ( Sig[b] )

{

x0 = y0;

x1 = y1;

y0 = b;

if ( Buy[b] )

{

y1 = BuyPrice[b];

Color = Shortcolor;

}

else

if ( Short[b] )

{

y1 = ShortPrice[b];

Color = Longcolor;

}

if( SigNum[b] > 1 ) Plot( LineArray( x0, x1, y0, y1 ), "", Color, 1 | styleThick

);

}

_SECTION_END();

Download AFL

How to use AFL for Amibroker

Download the Valid Supply-Demand Zone for Amibroker AFL.
Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
If You have 64 bit operating system than paste it to \Program Files(x86)\AmiBroker\Formulas\Custom.
Go to formula section of Amibroker and you will get the afl in Custom folder.

pipschart

Making Profit Fast With Forex Market

Instant Actionable Profit With Bollinger Band ZigZag Indicator 4

BOLLINGER BAND ZIGZAG INDICATOR 4

Image of AFL [amibroker formula language].

AMIBROKER AFL CODE

Download AFL

How to use AFL for Amibroker

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