Nifty futures cloud Update for 10th Dec 2010

9 Replies to “Nifty futures cloud Update for 10th Dec 2010”

1. Nifty future charts
   Recent Update : 9:24 a.m

2. hello sir

   fine to sharing

   can i get your nifty fisher transform afl code

   thanks

3. Nifty Future Charts

   Recent Update 11:42

4. Nifty Future Charts

   Recent Update 1:13p.m

5. sir ,
   please throw some light on mechanical trading ! tx

6. @Jitin

   Its just the Buy or Sell method what we are practicing based on technical strategy alone.For example if you buy when the ichimoku strategy indicates a buy signal and sell when the strategy shows a sell signal. You go to your online broker and purchase/sale accordingly. Its just the traditional mechanical strategy.

   Automated trading is just the execution of trades automatically. If there is a buy/sell signal the expert advisor(a strategic program like our AFL in amibroker) initiates buy or sell based on the Expert advisor conditions.

   The benefit of automatic trading over mechanical is just the faster execution of trades as the trade execution is faster. scalpers will be benifited in every small trading moves. But with Mechanical trading its quite difficult to make money in every small trading moves

   You can practice autotrading using mt4(metatrader) platforms avaialable at free of cost also many expert advisors are available at free of cost which can be analysed/tried with a demo practise account with mt4.

7. @suman raj

   Download the Fisher Transform AFL code

   Heard that it is better than MACD for earlier indication of oversold or overbought levels

   Check out the notes for Fisher transform – Using The Fisher Transform

8. Sir ,
   given below is afl code for daily, weekly and monthly pivot , but on 5.2 ver of ami , chart appears but without pivots . The snapshot of this afl showed convincing results , but its not showing the same on ami , can help? tx.

   _SECTION_BEGIN(“TTM Auto-pivots”);

   /***************************************/
   /***************************************/
   /*

   PIVOT POINTS can by used in 2 ways:
   if you choose daily, the pivots are calculated from the previous day, this can be used for daily charts. The second option is next day for EOD charts. For all the options available right click on the chart parameters. To utilize all the program features you need amibroker from version 4.80.1 and above. Enjoy!

   */
   /*—————–data——————*/

   SetChartBkColor(ParamColor( “BakcgroundColor”, colorBlack ) ) ;

   k=IIf(ParamList(“select type”,”daily
   next Day”)==”daily”,-1,0);

   k1=-1;

   TimeFrameSet(inDaily);

   day_h= LastValue(Ref(H,K));

   day_l= LastValue(Ref(L,K));

   day_c= LastValue(Ref(C,K));

   TimeFrameRestore();

   TimeFrameSet(inWeekly);

   Week_h= LastValue(Ref(H,K1));

   Week_l= LastValue(Ref(L,K1));;

   Week_c= LastValue(Ref(C,K1));;

   TimeFrameRestore();

   TimeFrameSet(inMonthly);

   month_h= LastValue(Ref(H,K1));

   month_l= LastValue(Ref(L,K1));

   month_c= LastValue(Ref(C,K1));

   TimeFrameRestore();

   /*————————————–*/

   // day

   DH=Day_h;

   DL=Day_L;

   DC=Day_C;

   // DAY PIVOT Calculation

   pd = ( DH+ DL + DC )/3;

   sd1 = (2*pd)-DH;

   sd2 = pd -(DH – DL);

   sd3 = Sd1 – (DH-DL);

   sd4 = pd – (2*DH – 2*DL); // pd – (DH-DL)*3; //pd – (2*DH – 2*DL); another way

   sd5 = 2*pd – (3*DH -2*DL); //pd – (DH-DL)*4; //2*pd – (3*DH -2*DL);

   rd1 = (2*pd)-DL;

   rd2 = pd +(DH -DL);

   rd3 = rd1 +(DH-DL);

   rd4 = pd + (2*DH-2*DL); //pd + (DH-DL)*3; another way

   rd5 = 2*pd + (2*DH-3*DL); //pd + (DH-DL)*4; but wrong

   // week

   WH=Week_h;

   WL=Week_l;

   WC=Week_c;

   // WEEK PIVOT Calculation

   pw = ( WH+ WL + WC )/3;

   sw1 = (2*pw)-WH;

   sw2 = pw -(WH – WL);

   sw3 = Sw1 – (WH-WL);

   sw4 = pw – (2*WH – 2*WL);//sw4 = pw – (WH – WL)*3;

   sw5 = 2*pw – (3*WH -2*WL); //sw5 = pw – (WH -WL)*4;

   rw1 = (2*pw)-WL;

   rw2 = pw +(WH -WL);

   rw3 = rw1 +(WH-WL);

   rw4 = pw + (2*WH-2*WL); //rw4 = pw + (WH-WL)*3;

   rw5 = 2*pw + (2*WH-3*WL); //rw5 = pw + (WH-WL)*4;

   // month

   MH=month_h;

   ML=month_l;

   MC=month_c;

   // MONTH PIVOT Calculation

   pm = ( MH+ ML + MC )/3;

   sm1 = (2*pm)-MH;

   sm2 = pm -(MH – ML);

   sm3 = Sm1 – (MH-ML);

   sm4 = pm – (2*MH – 2*ML); // sm4 = pm – (MH – ML)*3;

   sm5 = 2*pm – (3*MH -2*ML); //sm5 = pm – (MH -ML)*4;

   rm1 = (2*pm)-ML;

   rm2 = pm +(MH -ML);

   rm3 = rm1 +(MH-ML);

   rm4 = pm + (2*MH-2*ML); //rm4 = pm + (MH-ML)*3;

   rm5 = 2*pm + (2*MH-3*ML); //rm5 = pm + (MH-ML)*4;

   /*————————————–*/

   // PARAMETERS

   slide = Param(“slide all”,33,-1000,1000,1);

   slide1 = Param(“slide_day”,50,0,1000,1);

   slide2 = Param(“slide_week”,70,0,1000,1);

   slide3 = Param(“slide_month”,90,0,1000,1);

   slide_Hight = Param(“slide_Hight”,0,-1000,1000,1);

   SHALD = ParamList(“daily Pivots”, “all
   selected only
   hide” );

   SHALW = ParamList(“weekly Pivots”, “selected only
   all
   hide” );

   SHALM = ParamList(“monthly Pivots”, “selected only
   all
   hide” );

   //day

   PDP = ParamList(“DP”, “SHOW
   HIDE” );

   PDR1 = ParamList(“DR1”, “SHOW
   HIDE” );

   PDR2 = ParamList(“DR2”, “HIDE
   SHOW” );

   PDR3 = ParamList(“DR3”, “HIDE
   SHOW” );

   PDR4 = ParamList(“DR4”, “HIDE
   SHOW” );

   PDR5 = ParamList(“DR5”, “HIDE
   SHOW” );

   PDS1 = ParamList(“DS1”, “SHOW
   HIDE” );

   PDS2 = ParamList(“DS2”, “HIDE
   SHOW” );

   PDS3 = ParamList(“DS3”, “HIDE
   SHOW” );

   PDS4 = ParamList(“DS4”, “HIDE
   SHOW” );

   PDS5 = ParamList(“DS5”, “HIDE
   SHOW” );

   //week

   PWP = ParamList(“WP”, “SHOW
   HIDE” );

   PWR1 = ParamList(“WR1”, “SHOW
   HIDE” );

   PWR2 = ParamList(“WR2”, “HIDE
   SHOW” );

   PWR3 = ParamList(“WR3”, “HIDE
   SHOW” );

   PWR4 = ParamList(“WR4”, “HIDE
   SHOW” );

   PWR5 = ParamList(“WR5”, “HIDE
   SHOW” );

   PWS1 = ParamList(“WS1”, “SHOW
   HIDE” );

   PWS2 = ParamList(“WS2”, “HIDE
   SHOW” );

   PWS3 = ParamList(“WS3”, “HIDE
   SHOW” );

   PWS4 = ParamList(“WS4”, “HIDE
   SHOW” );

   PWS5 = ParamList(“WS5”, “HIDE
   SHOW” );

   //month

   PMP = ParamList(“MP”, “SHOW
   HIDE” );

   PMR1 = ParamList(“MR1”, “SHOW
   HIDE” );

   PMR2 = ParamList(“MR2”, “HIDE
   SHOW” );

   PMR3 = ParamList(“MR3”, “HIDE
   SHOW” );

   PMR4 = ParamList(“MR4”, “HIDE
   SHOW” );

   PMR5 = ParamList(“MR5”, “HIDE
   SHOW” );

   PMS1 = ParamList(“MS1”, “SHOW
   HIDE” );

   PMS2 = ParamList(“MS2”, “HIDE
   SHOW” );

   PMS3 = ParamList(“MS3”, “HIDE
   SHOW” );

   PMS4 = ParamList(“MS4”, “HIDE
   SHOW” );

   PMS5 = ParamList(“MS5”, “HIDE
   SHOW” );

   DayCOLOR =ParamColor(“day color”, 34);

   weekCOLOR =ParamColor(“week color”,10);

   monthCOLOR =ParamColor(“month color”,42);

   /*————————————–*/

   // LABELS

   for( i = 0; i < BarCount; i++ )

   {

   //day

   if(i+slide1== BarCount && (PDP=="SHOW" OR SHALD=="all") && SHALD!="hide") PlotText( "daily Pivot "+pd ,i+slide,pd+slide_Hight ,DayCOLOR);

   if(i+slide1== BarCount && (PDR1=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily R1 "+rd1 ,i+slide,rd1+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDR2=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily R2 "+rd2 ,i+slide,rd2+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDR3=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily R3 "+rd3 ,i+slide,rd3+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDR4=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily R4 "+rd4 ,i+slide,rd4+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDR5=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily R5 "+rd5 ,i+slide,rd5+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDS1=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily S1 "+sd1 ,i+slide,sd1+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDS2=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily S2 "+sd2 ,i+slide,sd2+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDS3=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily S3 "+sd3 ,i+slide,sd3+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDS4=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily S4 "+sd4 ,i+slide,sd4+slide_Hight ,DayCOLOR );

   if(i+slide1== BarCount && (PDS5=="SHOW" OR SHALD=="all")&& SHALD!="hide") PlotText( "daily S5 "+sd5 ,i+slide,sd5+slide_Hight ,DayCOLOR );

   //week

   if(i+slide2== BarCount && (PWP=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly Pivot "+pw ,i+slide,pw+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWR1=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly R1 "+rw1 ,i+slide,rw1+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWR2=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly R2 "+rw2 ,i+slide,rw2+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWR3=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly R3 "+rw3 ,i+slide,rw3+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWR4=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly R4 "+rw4 ,i+slide,rw4+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWR5=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly R5 "+rw5 ,i+slide,rw5+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWS1=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly S1 "+sw1 ,i+slide,sw1+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWS2=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly S2 "+sw2 ,i+slide,sw2+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWS3=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly S3 "+sw3 ,i+slide,sw3+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWS4=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly S4 "+sw4 ,i+slide,sw4+slide_Hight ,weekCOLOR );

   if(i+slide2== BarCount && (PWS5=="SHOW" OR SHALW=="all")&& SHALW!="hide") PlotText( "weekly S5 "+sw5 ,i+slide,sw5+slide_Hight ,weekCOLOR );

   //month

   if(i+slide3== BarCount && (PMP=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly Pivot "+pm ,i+slide,Pm+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMR1=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly R1 "+rm1 ,i+slide,rm1+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMR2=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly R2 "+rm2 ,i+slide,rm2+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMR3=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly R3 "+rm3 ,i+slide,rm3+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMR4=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly R4 "+rm4 ,i+slide,rm4+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMR5=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly R5 "+rm5 ,i+slide,rm5+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMS1=="SHOW" OR SHALM=="all")&& SHALM!="hide")PlotText( "monthly S1 "+sm1 ,i+slide,sm1+slide_Hight ,monthCOLOR);

   if(i+slide3== BarCount && (PMS2=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly S2 "+sm2 ,i+slide,sm2+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMS3=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly S3 "+sm3 ,i+slide,sm3+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMS4=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly S4 "+sm4 ,i+slide,sm4+slide_Hight ,monthCOLOR );

   if(i+slide3== BarCount && (PMS5=="SHOW" OR SHALM=="all")&& SHALM!="hide") PlotText( "monthly S5 "+sm5 ,i+slide,sm5+slide_Hight ,monthCOLOR );

   }

   /*————————————–*/

   // PLOTS

   style = IIf(ParamList("Chart style", "styleCandle
   styleBar")=="styleCandle",64,128);

   Plot (C,Date ()+" close",ParamColor("Chart color",11),style);

   //day

   if ((PDP=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (pd,"daily Pivot ",DayCOLOR,1);

   if ((PDR1=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (rd1,"daily R1 ",DayCOLOR,32);

   if ((PDR2=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (rd2,"daily R2 ",DayCOLOR,32);

   if ((PDR3=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (rd3,"daily R3 ",DayCOLOR,32);

   if ((PDR4=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (rd4,"daily R4 ",DayCOLOR,32);

   if ((PDR5=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (rd5,"daily R5 ",DayCOLOR,32);

   if ((PDS1=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (sd1,"daily S1 ",DayCOLOR,32);

   if ((PDS2=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (Sd2,"daily S2 ",DayCOLOR,32);

   if ((PDS3=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (Sd3,"daily S3 ",DayCOLOR,32);

   if ((PDS4=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (Sd4,"daily S4 ",DayCOLOR,32);

   if ((PDS5=="SHOW" OR SHALD=="all") && SHALD!="hide") Plot (Sd5,"daily S5 ",DayCOLOR,32);

   //week

   if ((PWP=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (pW,"weekly Pivot ",weekCOLOR,1);

   if ((PWR1=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (rw1,"weekly R1 ",weekCOLOR,32);

   if ((PWR2=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (rw2,"weekly R2 ",weekCOLOR,32);

   if ((PWR3=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (rw3,"weekly R3 ",weekCOLOR,32);

   if ((PWR4=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (rw4,"weekly R4 ",weekCOLOR,32);

   if ((PWR5=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (rw5,"weekly R5 ",weekCOLOR,32);

   if ((PWS1=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (sw1,"weekly S1 ",weekCOLOR,32);

   if ((PWS2=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (Sw2,"weekly S2 ",weekCOLOR,32);

   if ((PWS3=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (Sw3,"weekly S3 ",weekCOLOR,32);

   if ((PWS4=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (Sw4,"weekly S4 ",weekCOLOR,32);

   if ((PWS5=="SHOW" OR SHALW=="all") && SHALW!="hide") Plot (Sw5,"weekly S5 ",weekCOLOR,32);

   //month

   if ((PMP=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (pm,"monthly Pivot",monthCOLOR ,1);

   if ((PMR1=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (rm1,"monthly R1",monthCOLOR ,32);

   if ((PMR2=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (rm2,"monthly R2",monthCOLOR ,32);

   if ((PMR3=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (rm3,"monthly R3",monthCOLOR ,32);

   if ((PMR4=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (rm4,"monthly R4",monthCOLOR ,32);

   if ((PMR5=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (rm5,"monthly R5",monthCOLOR ,32);

   if ((PMS1=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (sm1,"monthly S1",monthCOLOR ,32);

   if ((PMS2=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (sm2,"monthly S2",monthCOLOR ,32);

   if ((PMS3=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (sm3,"monthly S3",monthCOLOR ,32);

   if ((PMS4=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (sm4,"monthly S4",monthCOLOR ,32);

   if ((PMS5=="SHOW" OR SHALM=="all") && SHALM!="hide") Plot (sm5,"monthly S5",monthCOLOR ,32);

   /*————————————–*/

   // TEXT

   "high = "+H;

   "low = "+L;

   "close = "+C;

   _SECTION_END();

9. @Jitin
   paramlist funtion is wrongly defined in the afl code.Also too much violation in using case sensitive variables.