Nifty and Bank Nifty 90 min update for 9th April 2012

2 Replies to “Nifty and Bank Nifty 90 min update for 9th…”

1. Hi raj ,
   Looking for a 6 months intraday nse backfill for ami , probably free , anything you have got ?

   This is a metastock formula , can it be converted to ami afl?

   Tx in advance.
   jitin

   Trends:
   Click the Trends tab and enter the following formulas in the Bullish and Bearish fields.
   Bullish: Mov(C,5,S)>Mov(C,20,S);
   Bearish: Mov(C,5,S)<Mov(C,20,S);

   Highlights:
   Click the Highlights tab, choose New, and enter "3rd Bar" in the Name field. Now change the color in the Color field to Blue. Finally, enter the following formula in the Condition field, and then choose OK.

   Symmetry:=.28;
   Apex:=(H+L)/2;
   WB:=Ref(H,-2)-Ref(L,-2);
   Shark:=If((HRef(L,-1) AND Ref(H,-1)Ref(L,-2))=1,If(Apex = (Ref(L,-2)+(WB*Symmetry)) ,1,0),0);
   Shark;

   Using the same method as above, enter the following 2 highlight formulas.

   Name: 2nd Bar

   Color: Blue

   Condition:
   Symmetry:=.28;
   Apex:=(H+L)/2;
   WB:=Ref(H,-2)-Ref(L,-2);
   Shark:=If((HRef(L,-1) AND Ref(H,-1)Ref(L,-2))=1,If(Apex = (Ref(L,-2)+(WB*Symmetry)) ,1,0),0);
   Ref(Shark,+1)=1;

   Name: 1st Bar

   Color: Blue

   Condition:
   Symmetry:=.28;
   Apex:=(H+L)/2;
   WB:=Ref(H,-2)-Ref(L,-2);
   Shark:=If((HRef(L,-1) AND Ref(H,-1)Ref(L,-2))=1,If(Apex = (Ref(L,-2)+(WB*Symmetry)) ,1,0),0);
   Ref(Shark,+2)=1;

   Symbols:
   Click the Symbols tab, choose New and enter “Shark Buy” in the Name field. Now enter the following formula in the Condition field.

   Symmetry:=.28;
   Apex:=(H+L)/2;
   WB:=Ref(H,-2)-Ref(L,-2);
   Shark:=If((HRef(L,-1) AND Ref(H,-1)Ref(L,-2))=1,If(apex = (Ref(L,-2)+(WB*Symmetry)) ,1,0),0);
   Buyok:=Cross(C,ValueWhen(1,Shark=1,Ref(H,-2)));
   Chk:=Cum(Buyok)-ValueWhen(1,Shark=1,Cum(Buyok));
   ValidChk:=Alert(Shark=1,25);

   {Note* The above ValidChk variable makes the Shark signal valid for 25 periods. If the price does not cross above the High value of the base within 25 periods, you will not receive a signal. You can change the number of periods by changing 25 to the number of periods you desire. *}

   Buy:= Buyok=1 AND Ref(Chk,-1)=0 AND ValidChk=1;
   Buy;

   Click the Graphic tab. Change the symbol in the Graphic field to Buy Arrow. Now change the color in the Color field to Green. Finally, type “Buy” in the Label field, and then choose OK.

   Using the Same method as above, enter the following Symbol formula.

   Name: Shark Sell

   Condition:
   Symmetry:=.28;
   Apex:=(H+L)/2;
   WB:=Ref(H,-2)-Ref(L,-2);
   Shark:=If((HRef(L,-1) AND Ref(H,-1)Ref(L,-2))=1,If(apex = (Ref(L,-2)+(WB*Symmetry)) ,1,0),0);
   Sellok:=Cross(ValueWhen(1,Shark=1,Ref(L,-2)),C);
   Chk:=Cum(Sellok)-ValueWhen(1,Shark=1,Cum(Sellok));
   ValidChk:=Alert(Shark=1,25);

   {Note* The above ValidChk variable makes the Shark signal valid for 25 periods. If the price does not cross below the Low value of the base within 25 periods, you will not receive a signal. You can change the number of periods by changing 25 to the number of periods you desire. *}

   Sell:= Sellok=1 AND Ref(Chk,-1)=0 AND ValidChk=1;
   Sell;

   Symbol: Sell Arrow

   Color: Red

   Label: Sell

   After you have finished creating the Symbol formulas, you can attach the Expert to your chart by choosing Expert Advisor from the Tools Menu. Select the Expert called “Shark – 32” from your list of Experts, choose Attach, and then Close.

   1. Will try to build that in AFL code format.