Nifty Future EOD charts
Coral Trend Indicator is yet another trend following indicator inspired from Tradingview Pinescript code. Code is designed to plot in PSAR style. Green color dots represents bullish trend. and the red dots represents bearish trend. Coral trend applied to Nifty EOD charts as shown in the above figure.
Looks like the system is quite popular in MT4 platform among FX traders known as THV Coral. Whatever the code does is just the indication of trend and not a complete system though. Do you home work if you would like to build some system on top of it.
Amibroker AFL Code
Nifty Future 15min Charts
Download Coral Trend Amibroker AFL
Related Readings and Observations
How to Estimate the VWAP based settlement Close like a Pro using Amibroker? A lot of money could be saved/earned if you are weekly option buyer/option seller out there especially if you trade the last 30minute of the trade when comes to Indian Markets.![RSI Momentum Trading Strategy : Do Simple Trading Strategies Really Work? [Part3]](https://i0.wp.com/www.marketcalls.in/wp-content/uploads/2019/04/Backtest-report-RSI-Momentum.png?resize=150%2C150&ssl=1)
RSI Momentum Trading Strategy : Do Simple Trading Strategies Really Work? [Part3] Do simple Trading strategies really work in Indian Markets? It is the curiosity remains among most of the traders. Does a simple technical condition bring consistent returns in the markets […]![[Premium] VLintra V5 – Bank Nifty Futures 5min Positional Trading System](https://i0.wp.com/www.marketcalls.in/wp-content/uploads/2019/03/VLintra-V5-Bank-Nifty-Futures.png?resize=150%2C150&ssl=1)
[Premium] VLintra V5 – Bank Nifty Futures 5min Positional Trading System Vlintra V5 is a trend following system based on VWAP + Linear regression based volatility channel with adaptive parameters based on four different volatile seasons. Vlintra V5 is part of […]
Range Identifier – Amibroker AFL Code Here is a simple range identifier Amibroker AFL code which helps you to spot and visualize out higher return event days and high volatile intraday range days to study how a specific […]
Long Butterfly Spread – Amibroker AFL code The Long butterfly spread is a neutral strategy that is a combination of a bull spread and a bear spread. It is a limited profit, limited risk options strategy. There are 3 striking prices […]
Sentimental Dashboard – Amibroker AFL Code Sentimental Dashboard is added in our live charting section (NSESignals and MCX Signals Section) to measure the strength in the market. Sentimental Dashboard shows 8 historical values for […]
CArnot says
December 22, 2015 at 1:24 pmHi, I found in Ami 5.60.2 that when you zoom in to a chart the red and green dots are shifting. In such a case the indicator is not very reliable. Brgds, CArnot
Rajandran says
December 25, 2015 at 2:48 pmHi Download the updated Code for Coral which resolves the Repainting while Zoom in or Zoom out
CArnot says
December 28, 2015 at 10:21 amHi,
The download link gives the same code with repainting problem. Please update the link. Enjoy, CArnot.
Rajandran says
December 29, 2015 at 1:36 amTake the code from the Github Code. Download link is not yet updated.
Rajandran says
December 29, 2015 at 1:40 amNow the download link too updated with the new file.
CArnot says
December 29, 2015 at 10:18 pmHi,
Thanks for the efforts.
Enjoy,
CArnot
madan datheshwar says
December 31, 2015 at 7:45 pmhello sir i am regular reader and follower of your AFL and POSTs lot of thanks
sir my humble Request sir please prepaire to this AFL in to MULTI TIME FRAME ( Not MTF DashBoard ) means when we select 5 min chart but indicator play like 15 min s Data based , and 15 min chart like 60 min …………,
sir i found like this supertrend in MQ4 but not in Amibroker so please ……………prepaire this AFL ( Coral Trend Indicator) in MTF i hope response possitively thankyou sir
madan datheshwar says
January 2, 2016 at 11:45 amSir below link is SUPERTREND MTF MT4
As said in previous post if possible please modify COREL TREND. IN TO MULTI TIME FRAME.
Thank you sir
http://www.wisestocktrader.com/indicatorpasties/1566-supertrend-multi-time-frame-for-mt4&lc=en-IN&s=1&m=269&ts=1451714952&sig=ALL1Aj5CX0PgTHW3_URFhSivSQtsJNkhaA
Rid says
January 3, 2016 at 9:02 pmYes It would be excellent if Coral can be coded for multi time frame.
Which means the buy signal would be generated in 5 min chart when 15 min chart turns green and in reverse sell would be signalled in conjunction with 15 mind chart or 30 mins chart.
Even if there is a way to notice coral trend higher time frame indicator in lower time frame it would be excellent.
pit says
January 9, 2016 at 7:54 pmNot better use this function instead looping.
function T3( Price, T3Periods, s )
{
e1 = AMA( Price, 2 / ( T3Periods + 1 ) );
e2 = AMA( e1, 2 / ( T3Periods + 1 ) );
e3 = AMA( e2, 2 / ( T3Periods + 1 ) );
e4 = AMA( e3, 2 / ( T3Periods + 1 ) );
e5 = AMA( e4, 2 / ( T3Periods + 1 ) );
e6 = AMA( e5, 2 / ( T3Periods + 1 ) );
C1 = -s ^ 3;
C2 = 3 * s ^ 2 * ( 1 + s );
C3 = -3 * s * ( s + 1 ) ^ 2;
C4 = ( 1 + s ) ^ 3;
T3Result = c1 * e6 + c2 * e5 + c3 * e4 + c4 * e3;
return T3Result;
}
reetha says
January 25, 2016 at 9:59 amHow can I download the nifty future 15 mint charts