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 Multiple Timeframes like 15min, Hourly and Daily). And the reading ranges between 0-100. The right most meter indicates the most recent value.
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The logic behind the multimeframe sentimental dashboard is nothing but the smoothed hull moving average of RSI. This bring more responsiveness and good in identifying shorter term trend cycles. Suits mostly for a discrete mean reversion traders.
Increasing reading indicates the possibility of market moving in uptrend and decreasing value indicates a possible downtrend. One can adopt 15min to capture very shorter term movements in the markets(short term intraday especially for holding position ranging between 15min – 2 hours). However 60 min sentimental will give more clarity about the trend for any day (This for traders holding their position anywhere ranging from 1 hour – 8 hours). And Daily Sentimental Meter will give more clarity about the carry forwarding positions to next day.
Divergence 2016 – Promo
httpv://www.youtube.com/watch?v=cLkTBA9Ac4w
This sentimental dashboard make sense more for discretionary traders who wants to enter the trend at the earliest and exit closer to the top however it does not benefit much for System Traders.
Sentimental Dashboard – Amibroker AFL Code
Code Compatibility – 5.8+ and above
https://gist.github.com/d13627cad0b2bddc3551
sir it is showing error “TOO MANY ARGUMENTS” from line 32 to 64
AMI Version 5.60
Code Compatibility is 5.8 and above.
You can consider the following code for 5.7
_SECTION_BEGIN(“Sentimental Dashboard”);
function jmatrix(timeframe) {
TimeFrameSet( timeframe ); // switch to required time frame
rmat = HMA(RSIa((H+L+C+O)/4,5),5);
TimeFrameRestore(); // restore time frame to original
return rmat;
}
rsx15 = jmatrix(in15Minute);
rsx60 = jmatrix(inHourly);
rsxdaily = jmatrix(inDaily);
Plot(rsx15,”15 mins”,colorRed,styleLine);
Plot(rsx60,”1 hour”,colorGreen,styleLine);
Plot(rsxdaily,”Daily”,colorBlue,styleLine);
_SECTION_END();
Title = EncodeColor(colorWhite)+ “Sentimental Dashboard” + ” – ” + Name() +
“\n” + “## 15 Min ::: ” + NumToStr(ref(rsx15, -7),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -6),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -5),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -4),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -3),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -2),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx15, -1),1.2,False) + ” \t ::: ” + NumToStr(rsx15,1.2,False) +
“\n” + “## 60 Min ::: ” + NumToStr(ref(rsx60, -7),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -6),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -5),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -4),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -3),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -2),1.2,False) + ” \t ::: ” + NumToStr(ref(rsx60, -1),1.2,False) + ” \t ::: ” + NumToStr(rsx60,1.2,False) +
“\n” + “## Daily ::: ” + NumToStr(ref(rsxdaily, -7),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -6),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -5),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -4),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -3),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -2),1.2,False) + ” \t ::: ” + NumToStr(ref(rsxdaily, -1),1.2,False) + ” \t ::: ” + NumToStr(rsxdaily,1.2,False)
;
THIS CODE IS NOT WORKING FOR VERSION 5.70 ” SYNTAX ERROR, UNEXPECTED $END, EXPECTING ‘)’OR’,’ AT LN 1 COL 16
Thanks a lot for sharing this beautiful code.
But one small thing which i note is the history value changes with each bar “This look to be constant with your Live signal” any setting change that we need to do?
It is the same code we are running at our livecharting section. Probably you are using continous contracts like NIFTY-I and we use non continuous contracts NIFTY15NOVFUT and so the difference in values.
plz support 5.7 afl plz
Sir, can AFL be learned without having any coding knowledge?
Can any one make it a loop in afl
Ydh1= TimeFrameGetPrice( “o”, inDaily,-1);
Ydh2= TimeFrameGetPrice( “o”, inDaily,-2);
Ydh3= TimeFrameGetPrice( “o”, inDaily,-3);
Ydh4= TimeFrameGetPrice( “o”, inDaily,-4);
Ydh5= TimeFrameGetPrice( “o”, inDaily,-5);
Ydh6= TimeFrameGetPrice( “o”, inDaily,-6);
Ydh7= TimeFrameGetPrice( “o”, inDaily,-7);
Ydh8= TimeFrameGetPrice( “o”, inDaily,-8);
Ydh9= TimeFrameGetPrice( “o”, inDaily,-9);
Ydh10= TimeFrameGetPrice( “o”, inDaily,-10);
Ydh11= TimeFrameGetPrice( “o”, inDaily,-11);
Ydh12= TimeFrameGetPrice( “o”, inDaily,-12);
Ydh13= TimeFrameGetPrice( “o”, inDaily,-13);
Ydh14= TimeFrameGetPrice( “o”, inDaily,-14);
Ydh15= TimeFrameGetPrice( “o”, inDaily,-15);
Ydh16= TimeFrameGetPrice( “o”, inDaily,-16);
Ydh17= TimeFrameGetPrice( “o”, inDaily,-17);
Ydh18= TimeFrameGetPrice( “o”, inDaily,-18);
Ydh19= TimeFrameGetPrice( “o”, inDaily,-19);
Ydh20= TimeFrameGetPrice( “o”, inDaily,-20);
Ydh21= TimeFrameGetPrice( “o”, inDaily,-21);
yddH2 = Max(YdH1, YdH2);
yddH3 = Max(yddH2,YdH3);
yddH4= Max(yddH3,YdH4);
yddH5= Max(yddH4,YdH5);
yddH6= Max(yddH5,YdH6);
yddH7= Max(yddH6,YdH7);
yddH8= Max(yddH7,YdH8);
yddH9= Max(yddH8,YdH9);
yddH10= Max(yddH9,YdH10);
yddH11= Max(yddH10,YdH11);
yddH12= Max(yddH11,YdH12);
yddH13= Max(yddH12,YdH13);
yddH14= Max(yddH13,YdH14);
yddH15= Max(yddH14,YdH15);
yddH16= Max(yddH15,YdH16);
yddH17= Max(yddH16,YdH17);
yddH18= Max(yddH17,YdH18);
yddH19= Max(yddH18,YdH19);
yddH20= Max(yddH19,YdH20);
yddH21= Max(yddH20,YdH21);
yddm2 = Min(YdH1, YdH2);
yddm3 = Min(yddm2,YdH3);
yddm4= Min(yddm3,YdH4);
yddm5= Min(yddm4,YdH5);
yddm6= Min(yddm5,YdH6);
yddm7= Min(yddm6,YdH7);
yddm8= Min(yddm7,YdH8);
yddm9= Min(yddm8,YdH9);
yddm10= Min(yddm9,YdH10);
yddm11= Min(yddm10,YdH11);
yddm12= Min(yddm11,YdH12);
yddm13= Min(yddm12,YdH13);
yddm14= Min(yddm13,YdH14);
yddm15= Min(yddm14,YdH15);
yddm16= Min(yddm15,YdH16);
yddm17= Min(yddm16,YdH17);
yddm18= Min(yddm17,YdH18);
yddm19= Min(yddm18,YdH19);
yddm20= Min(yddm19,YdH20);
yddm21= Min(yddm20,YdH21);
21DHO= yddH21;
21DLO = yddm21;
10DHO = yddH10;
10DLO = yddm10;
5DHO= yddH5;
5DLO = yddm5;
3DHO= yddH3;
3DLO = yddm3;
sir please any compatibility for 5.6 Versions people out here please sir
how to use meta trader.Please help
Dear Rajendren,
Thank you very much for the wonderful dashboard.
I have a slight confusion in reading the dashboard.
Whether I have to read the increasing decreasing numbers from right to left or left to right.
Thanks in advance for the kind help
you have to read from left to right. Recent data point on the right.