Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Range Identifier – Amibroker AFL Code

21 sec read

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 stock/index reacted to the particular event/news outcome.

This Amibroker AFL code comes along with Amibroker Explorer as well. Code has a default range of 500 points it can be customized according to your requirement by right clicking over the charts and select Parameters to change the range values.

Range Identifier – Amibroker AFL Code

https://gist.github.com/4ec7806b537befdb8acd4d86a1dbada1

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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3 Replies to “Range Identifier – Amibroker AFL Code”

  1. How can U get Ambibrokers software. I am using Angel Speed Pro
    Please inform me in details

  2. Dear Sir,
    instead of range if we use ATR than it gives more clarity and can be used on any time frame.

    color = IIf( diff1>=1.25*ATR(14) OR diff2 >= 1.25*ATR(14),colorYellow,colorDefault);

    please let me know your feedback.

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