TCS Daily Chart
Here is a simple code snippet to check for Gaps in the charts especially in the Daily and Weekly Charts. It looks for gaps which are opens out of the previous candle range and colors with yellow bar. It provides once shot visual access to check whether a the gap is filled in the particular stock/indices or not. And the nearest gap reference levels. However if you need to scan for the whole universe of stocks to identify the gaps then writing a amibroker exploration is preferred.
Visual Gap Lookup – Amibroker AFL Code
Related Readings and Observations
Code Snippet : Price with Last Trade Price Marker : Amibroker Here is a simple Amibroker AFL code snippet which tracks the last trade price with a dashed horizontal line at LTP. It could be useful for the people who wants to know where the current […]- Expected Move Amibroker AFL Code In the last tutorial we had seen how to compute expected move for stock/index. In this tutorial we will be making Amibroker AFL for the expected value using that once can visualize the […]
- First 1 Hour Cumulative Volume Scanner – Amibroker Exploration AFL Code Here is the simple prototype for finding first 1 hour cumulative volume for a given script. This helps one to visualize how the volume in the first 1 hour compare to previous trading days.
- How to Plot Bid Vs Ask Dashboard in Amibroker Here is a little Bid Vs Ask Dashboard for Amibroker users which helps to monitor the Bid-Ask Spread during live trading. In a highly liquid market the Bid Ask spread difference will be […]
- Code Snippet : One Hour High-Low and Previous Day High Low Here is a simple AFL code snippet to plot One Previous Day High Low and currently day One hourly high low (i.e high between 9:15a.m - 10:15a.m as per NSE timings)
- CNX Metal in a Emotional Buyers Market If you frequently track gaps in Nifty Metal (Spot) you would understand that there are so far 10 unfaded gaps since the start of March 2016. Current leg of rally is almost 10 months old […]
Rajendran,
Why do you use Spsquantityofshares=100 instead of spspercentofequity=100?
Is it too risky to use 100% of equity to trade?
Yes it is risky to bet your 100% of your money especially if you are trading with leverage!
dear sir , thanks for giving afl ….
please can you add options -- scan or explore …..