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FINANCIAL CHRONICLE™ » CHRONICLE™ ANALYTICS » Technical Analytics & Charts (1)

Technical Analytics & Charts (1)

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63 posters

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26Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 6:32 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

My only worry is how reliable the data feed on Direct FN TWS Smile I would appreciate some one could lemme explain where to DL the market feed in compatible mode to MT4 platform. Very Happy

27Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 7:24 pm

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics

Very valuable thread on TA..

SFS & PARQ had nice patterns; See the Three Fibonacci retracements drawn..
[You must be registered and logged in to see this image.]

But why DIAL has to come to Rs. 4/- unless ASI dips below 4700??

[You must be registered and logged in to see this image.]

28Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 7:32 pm

lemuria


Manager - Equity Analytics
Manager - Equity Analytics

gud post ma friend. Keep gd work.

29Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 8:22 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

A Chart of Lankem...anyone holding we are in a potential Price reversal zone. Very Happy hope i helped you ....in some way

[You must be registered and logged in to see this image.]

30Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 8:32 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

This HAT method is very good/effective,to decide when to sell off and when and where to place BUY orders Very Happy TA Rulllllls

31Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 8:34 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

traderathome wrote:Here is a chart pattern on swarnamahal. Very Happy [You must be registered and logged in to see this image.]
hope no one is selling off.......i mean the big sharks are not watching this hehe Shocked

32Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Wed Mar 14, 2012 11:06 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Here is the final chart for the day..... Very Happy [You must be registered and logged in to see this image.]

33Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 2:00 am

CSE.SAS

CSE.SAS
Global Moderator

Good work mate.
Keep it up.

34Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 9:03 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Here is a possible chart on JKH. 2 scenarios from Technical point.

[You must be registered and logged in to see this image.]

35Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 10:38 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Here is the final chart for TODAY Basketball

this is not financial advise to BUY/Hold or SELL...do your on due diligence.

[You must be registered and logged in to see this image.]



Last edited by traderathome on Fri Mar 16, 2012 10:07 am; edited 1 time in total

36Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 11:10 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Placed a LIMIT ORDER @55.20 for NTB N0000'N Next BUYING would be around 41.30 If price reverses Very Happy

37Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 2:07 pm

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hope this will help;

[You must be registered and logged in to see this image.]

38Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Thu Mar 15, 2012 6:05 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

happy someone has taken interest ....way to go dude Very Happy

good luck
TAH

39Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Fri Mar 16, 2012 6:40 am

K.Haputantri

K.Haputantri
Co-Admin

TAH, thank you very much for your excellant presentation. It appears very usefull. But, I need little more help with step-by- step details in few areas where I am not that conversant.

One is measuring the distance between AB, CD ect. ?How do you measure. ?Does the software has the facility.

The second is the length & direction of the dotted arrow up/down. ?Any guide lines for improvement of acuracy.

Third is plotting the Fibonaci levels. ?Does the software plot it for you at the click of a butten or is there any other method.

Many novices will be benefitted if you could elaborate a little bit.

40Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Fri Mar 16, 2012 7:13 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

K.Haputantri wrote:TAH, thank you very much for your excellant presentation. It appears very usefull. But, I need little more help with step-by- step details in few areas where I am not that conversant.

One is measuring the distance between AB, CD ect. ?How do you measure. ?Does the software has the facility.

The second is the length & direction of the dotted arrow up/down. ?Any guide lines for improvement of acuracy.

Third is plotting the Fibonaci levels. ?Does the software plot it for you at the click of a butten or is there any other method.

Many novices will be benefitted if you could elaborate a little bit.
Hapu thanks and i will try n explain step by step to the best as i can...

The HPP is a mix of elliot wave and fibonacci combined. so you need to refer free books available about elliot wave.fibbonacci if coorectly used can precisely identify PRZ (Potential Reversal Zones) that could pick 90% of the time.The HPP is in general 85-90 accurate enough and that would mean we can decide where to place our BUY orders. And when to SELL.

1.I am doing it manually ,what i look is Low,High and Lower High points,no softwares. I use the Direct FNs tool to plot these points on the chart.

2.Please explain again...

3.we have to do it manually measuring the levels..read extra books on this and im sure with months and weeks you will master.put your charts in the thread using paint to draw lines etc ..they may be wrong...we will help each other ...to learn fast. This is the only way to be a veteran in this field.

Good Luck
TAH

41Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Fri Mar 16, 2012 8:23 am

K.Haputantri

K.Haputantri
Co-Admin

Thank you TAH for the quick response. I think, I have not made myself clear in the second issue raised. In fact, I have confused you asking the wrong question. The lenght of those dotted arrows at the end of in your ABCD charts are irrelavent as they mearly give Sell/Buy signals. Kindly correct me if I am wrong.

Actually, my quarry relates to the red arrow Up/down pointing Target Zones in your charts of 14th instant on Swarnamahal, Dial & OGL. It appears they are drawn manually. As you are aware, manual work can be arbitrary some times. Hence, ?Can you help in the correct method of identifying the target zone with any guide lines etc.

42Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Fri Mar 16, 2012 8:30 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

K.Haputantri wrote:Thank you TAH for the quick response. I think, I have not made myself clear in the second issue raised. In fact, I have confused you asking the wrong question. The lenght of those dotted arrows at the end of in your ABCD charts are irrelavent as they mearly give Sell/Buy signals. Kindly correct me if I am wrong.

Actually, my quarry relates to the red arrow Up/down pointing Target Zones in your charts of 14th instant on Swarnamahal, Dial & OGL. It appears they are drawn manually. As you are aware, manual work can be arbitrary some times. Hence, ?Can you help in the correct method of identifying the target zone with any guide lines etc.
If you look at the initial posts from baby pips i put, can you see the BLUE arrow those are the levels but i prefer to keep 1 Fib level below the target to be safe. Laughing so that our targets will hit more often than not. Very Happy

43Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Fri Mar 16, 2012 3:10 pm

K.Haputantri

K.Haputantri
Co-Admin

Thanks TAH for your valuable advise.

44Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Sat Mar 17, 2012 10:59 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Thanks traderathome.
Good work and new strategy.

45Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Sun Mar 18, 2012 9:50 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Here is my analysis for AHUN N, I will try to put my analysis once a week before monday morning.Please accept my advance apology in case i miss or delay in the future.

The Share price pattern is confirmed as a falling wedge. A Typical trend reversal pattern and known as a bullish pattern.

I have depicted possible price reversal zones with Resistance level, So trade with caution. Due to I see a bearish gartley pattern in the formation at PRZ1 and PRZ2 price action can form to be a bearish crab.


Happy Trading,


[You must be registered and logged in to see this image.]

Please do your due diligence and consult your stock broker and this is not a BUY/SELL or Hold advise.

46Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Sun Mar 18, 2012 11:13 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

TAH,

Thanks for the valuable effort.. If you look at most of the charts, they fall into falling wedges as I noticed but they keep fallin so finding a reversal point is a bit difficult.. Wink
Added to this ASI is nowhere signelling a reversal as last Friday high TO was due to several high calibre crossings.. not much of retail activities..

Therefore aprt from the trades we make, a point to consider is the crowd mentality at a greater extent.. A possible price action on a chart can get changed due to unfavourable news even...

Keep up the good work, I'm sure we can analyse few potential winners with gartley Wink

47Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Sun Mar 18, 2012 11:20 pm

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Yes. AHUN shows a bearish W type gartley pattern.

As you can see bellow my program picked up a bullish M type gartley pattern. EAST, So you might wanna keep it under watch. But you know what they always say, This M is not like this m.

[You must be registered and logged in to see this image.]

Hey trader@home can you show how come AB=CD ?
HOw to measure it using Fibonacci ?

Thanks

48Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 9:09 am

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yeah
Falling Wedge is one of the hardest patterns to identify exact buy point!
Better to wait till pullback closes above the breakout's high!

49Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 9:43 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

If anyone is interested, here's the HARMONIC PATTERN DETECTION AFL code for AmiBroker Wink This is what I used so far..


/* HARMONIC PATTERN DETECTION */



_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();

_SECTION_BEGIN("Gartley");

GBmin = Param("Swing B Min.",0.55,0.3,1,0.01);
GBmax = Param("Swing B Max.",0.72,0.4,1,0.01);
GCmin = Param("Swing C Min.",0.38,0.3,1.27,0.01);
GCmax = Param("Swing C Max.",1.0,0.4,1.27,0.01);
GDmin = Param("Swing D Min.(XA)",0.55,0.3,1,0.01);
GDmax = Param("Swing D Max.(XA)",1.0,0.4,1.0,0.01);

_SECTION_END();

_SECTION_BEGIN("Bat");

BatBmin = Param("Swing B Min.",0.38,0.3,1,0.01);
BatBmax = Param("Swing B Max.",0.55,0.4,1,0.01);
BatCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
BatCmax = Param("Swing C Max.",1.27,0.4,1.62,0.01);
BatDmin = Param("Swing D Min.(XA)",0.5,0.3,1,0.01);
BatDmax = Param("Swing D Max.(XA)",1.0,0.4,1.0,0.01);

_SECTION_END();

_SECTION_BEGIN("Butterfly");

BtBmin = Param("Swing B Min.",0.55,0.3,1,0.01);
BtBmax = Param("Swing B Max.",0.9,0.4,1,0.01);
BtCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
BtCmax = Param("Swing C Max.",1.27,0.4,1.62,0.01);
BtDmin = Param("Swing D Min.(XA)",1,1,1.8,0.01);
BtDmax = Param("Swing D Max.(XA)",1.38,1,1.8,0.01);

_SECTION_END();

_SECTION_BEGIN("Crab");

CBmin = Param("Swing B Min.",0.38,0.3,1,0.01);
CBmax = Param("Swing B Max.",0.65,0.4,1,0.01);
CCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
CCmax = Param("Swing C Max.",1.270,0.4,1.62,0.01);
CDmin = Param("Swing D Min.(XA)",1.25,1,1.8,0.01);
CDmax = Param("Swing D Max.(XA)",1.8,1,2,0.01);

_SECTION_END();

_SECTION_BEGIN("Patterns");

strength = Param("Strength",5,2,15,1);
bu = ParamToggle("Bullish Pattern","Off|On",1);
be = ParamToggle("Bearish Pattern","Off|On",1);

bi = Cum(1)-1;

function GetTop(bars)
{
Top = H == HHV(H,2*bars) AND Ref(HHV(H,bars),bars) < H;
Top = Top AND LastValue(bi)-ValueWhen(Top,bi) > bars;
return Top;
}

function GetValley(bars)
{
Valley = L == LLV(L,2*bars) AND Ref(LLV(L,bars),bars) > L;
Valley = Valley AND LastValue(bi)-ValueWhen(Valley,bi) > bars;
return Valley;
}


// Build fractals array

P1 = GetTop(strength);
V1 = GetValley(Strength);

P1 = IIf(P1,IIf(ValueWhen(P1,bi,2) < ValueWhen(V1,bi),P1,IIf(ValueWhen(P1,H,2) > H,False,P1)),P1);
//P1 = IIf(P1 AND ValueWhen(P1,bi,0) > bi,IIf(ValueWhen(P1,bi,0) < ValueWhen(V1,bi,0),IIf(ValueWhen(P1,H,0) >= H,False,P1),P1),P1);
P1 = IIf(P1 AND ValueWhen(P1,bi,0) > bi AND NOT(ValueWhen(V1,bi,0) > 0 AND ValueWhen(V1,bi,0)

V1 = IIf(V1,IIf(ValueWhen(V1,bi,2) < ValueWhen(P1,bi),V1,IIf(ValueWhen(V1,L,2)//V1 = IIf(V1 AND ValueWhen(V1,bi,0) > bi ,IIf(ValueWhen(V1,bi,0) < ValueWhen(P1,bi,0),IIf(ValueWhen(V1,L,0) <= L, False,V1),V1),V1);
V1 = IIf(V1 AND ValueWhen(V1,bi,0) > bi AND NOT(ValueWhen(P1,bi,0) > bi AND ValueWhen(P1,bi,0)=ValueWhen(V1,L,0),False,V1),V1);


P1H1 = ValueWhen(P1,H);
P1Bar1 = ValueWhen(P1,bi);
P1H2 = ValueWhen(P1,H,2);
P1Bar2 = ValueWhen(P1,bi,2);
V1L1 = ValueWhen(V1,L);
V1Bar1 = ValueWhen(V1,bi);
V1L2 = ValueWhen(V1,L,2);
V1Bar2 = ValueWhen(V1,bi,2);


//Bullish Patterns

PTvalid = (P1Bar1 > V1Bar1 AND V1Bar1 > P1Bar2 AND P1bar2 > V1Bar2) AND P1; // Peaks and troughs are in order

// 4 swings of developing Gartley/Bat etc.

BullGartley4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > GBmin AND (P1H2-V1L1)/(P1H2-V1L2) < GBmax
AND (P1H1-V1L1)/(P1H2-V1L1) > GCMin AND (P1H1-V1L1)/(P1H2-V1L1) < GCMax;

BullBat4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > BatBmin AND (P1H2-V1L1)/(P1H2-V1L2) < BatBmax
AND (P1H1-V1L1)/(P1H2-V1L1) > BatCMin AND (P1H1-V1L1)/(P1H2-V1L1) < BatCMax;

BullButterfly4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > BtBmin AND (P1H2-V1L1)/(P1H2-V1L2) < BtBMax
AND (P1H1-V1L1)/(P1H2-V1L1) > BtCmin AND (P1H1-V1L1)/(P1H2-V1L1) < BtCmax;

BullCrab4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) >CBmin AND (P1H2-V1L1)/(P1H2-V1L2) < CBmax
AND (P1H1-V1L1)/(P1H2-V1L1) > CCmin AND (P1H1-V1L1)/(P1H2-V1L1) < CCmax;


// Bullish Gartley/Bat found. D retacement level is not evaluated

BullGartley = IIf(LowestSince(BullGartley4,L) < ValueWhen(BullGartley4,P1H2)-(ValueWhen(BullGartley4,P1H2)-ValueWhen(BullGartley4,V1L2))*GDmin AND
LowestSince(bullGartley4,L) > ValueWhen(BullGartley4,P1H2)-(ValueWhen(BullGartley4,P1H2)-ValueWhen(BullGartley4,V1L2))*GDmax AND
HighestSince(BullGartley4,H) <= ValueWhen(BullGartley4,P1H1 ) AND
LowestSince(bullGartley4,L)==L, True,False);
BullGartley = BullGartley AND LowestSince(BullGartley4,L) < ValueWhen(BullGartley4,V1L1);

BullBat = IIf(LowestSince(BullBat4,L) < ValueWhen(BullBat4,P1H2)-(ValueWhen(BullBat4,P1H2)-ValueWhen(BullBat4,V1L2))*BatDmin AND
LowestSince(BullBat4,L) > ValueWhen(BullBat4,P1H2)-(ValueWhen(BullBat4,P1H2)-ValueWhen(BullBat4,V1L2))*BatDmax AND
HighestSince(BullBat4,H) <= ValueWhen(BullBat4,P1H1 ) AND
LowestSince(BullBat4,L)==L, True,False);
BullBat = BullBat AND LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,V1L1);


BullCrab = IIf(LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,P1H2)-(ValueWhen(BullCrab4,P1H2)-ValueWhen(BullCrab4,V1L2))*CDmin AND
LowestSince(BullCrab4,L) > ValueWhen(BullCrab4,P1H2)-(ValueWhen(BullCrab4,P1H2)-ValueWhen(BullCrab4,V1L2))*CDmax AND
HighestSince(BullCrab4,H) <= ValueWhen(BullCrab4,P1H1 ) AND
LowestSince(bullGartley4,L)==L, True,False);
BullCrab = BullCrab AND LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,V1L2);


BullButterfly = IIf(LowestSince(BullButterfly4,L) < ValueWhen(BullButterfly4,P1H2)-(ValueWhen(BullButterfly4,P1H2)-ValueWhen(BullButterfly4,V1L2))*BtDMin AND
LowestSince(BullButterfly4,L) > ValueWhen(BullButterfly4,P1H2)-(ValueWhen(BullButterfly4,P1H2)-ValueWhen(BullButterfly4,V1L2))*BtDmax AND
HighestSince(BullButterfly4,H) <= ValueWhen(BullButterfly4,P1H1 ) AND
LowestSince(bullButterfly4,L)==L, True,False);
BullButterfly = BullButterfly AND LowestSince(BullButterfly4,L) < ValueWhen(BullButterfly4,V1L2);



// to remove redumbdent lines

BullHar4 = BullGartley4 OR BullButterfly4 OR BullBat4 OR BullCrab4 ;
BullHar = BullGartley OR BullButterfly OR BullBat OR BullCrab ;

Point4 = IIf(BullHar,ValueWhen(BullHar4,bi),Null);
BullHar = IIf(BullHar, IIf(Point4 == ValueWhen(BullHar,point4,0) AND ValueWhen(BullHar,bi,0) > bi ,False,BullHar),BullHar);

X = ValueWhen(BullHar4,V1L2);
Xbar = ValueWhen(BullHar4,V1Bar2);
A = ValueWhen(BullHar4,P1H2);
Abar = ValueWhen(BullHar4,P1bar2);
B = ValueWhen(BullHar4,V1L1);
Bbar = ValueWhen(BullHar4,V1bar1);
C1 = ValueWhen(BullHar4,P1H1);
C1bar = ValueWhen(BullHar4,P1bar1);
D = ValueWhen(BullHar,L);
Dbar = ValueWhen(BullHar,bi);
ABdXA = (A-B)/(A-X);
BCdAB = (C1-B)/(A-B);
ADdXA = (A-D)/(A-X);
BCdCD = (C1-D)/(C1-B);

PlotPattern = Dbar > C1bar;
if(LastValue(PlotPattern) AND bu)
{
Plot( LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(Bbar),LastValue(B)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(C1bar),LastValue(C1)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(C1bar),LastValue(C1),LastValue(Dbar),LastValue(D)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Bbar),LastValue(B)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(C1bar),LastValue(C1)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(Dbar),LastValue(D)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Dbar),LastValue(D)),"",colorBlue,styleDashed);

PlotText(NumToStr(LastValue(ABdXA),1.2),(LastValue(Bbar)+LastValue(Xbar))/2,(LastValue(B)+LastValue(X))/2,colorBlue);
PlotText(NumToStr(LastValue(BCdAB),1.2),(LastValue(C1bar)+LastValue(Abar))/2,(LastValue(C1)+LastValue(A))/2,colorBlue);
PlotText(NumToStr(LastValue(ADdXA),1.2) ,(LastValue(Dbar)+LastValue(Xbar))/2,(LastValue(D)+LastValue(X))/2,colorBlue);
PlotText(NumToStr(LastValue(BCdCD),1.2),(LastValue(Bbar)+LastValue(Dbar))/2,(LastValue(B)+LastValue(D))/2,colorBlue);
}

// Bearish Patterns

PTvalid = (V1Bar1 > P1Bar1 AND P1Bar1 > V1Bar2 AND V1Bar2 > P1Bar2) AND V1;

// Swing 4

BearGartley4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > GBmin AND (P1H1-V1L2)/(P1H2-V1L2) < GBmax AND
(P1H1-V1L1)/(P1H1-V1L2) > GCmin AND (P1H1-V1L1)/(P1H1-V1L2) < GCmax;

BearBat4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > BatBmin AND (P1H1-V1L2)/(P1H2-V1L2) < BatBmax AND
(P1H1-V1L1)/(P1H1-V1L2) > BatCmin AND (P1H1-V1L1)/(P1H1-V1L2) < BatCmax;

BearButterfly4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > BtBmin AND (P1H1-V1L2)/(P1H2-V1L2) < BtBmax AND
(P1H1-V1L1)/(P1H1-V1L2) > BtCmin AND (P1H1-V1L1)/(P1H1-V1L2) < BtCmax;

BearCrab4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > CBmin AND (P1H1-V1L2)/(P1H2-V1L2) < CBmax AND
(P1H1-V1L1)/(P1H1-V1L2) > CCmin AND (P1H1-V1L1)/(P1H1-V1L2) < CCmax;

// Poin D

BearGartley = IIf(HighestSince(bearGartley4,H) > ValueWhen(BearGartley4,V1L2) + (ValueWhen(BearGartley4,P1H2) - ValueWhen(BearGartley4,V1L2))*GDmin AND
HighestSince(bearGartley4,H) < ValueWhen(BearGartley4,V1L2) + (ValueWhen(BearGartley4,P1H2) - ValueWhen(BearGartley4,V1L2))*GDMax AND
LowestSince(BearGartley4,L) >= ValueWhen(BearGartley4,V1L1 ) AND
HighestSince(BearGartley4,H) == H, True, False);
BearGartley = BearGartley AND HighestSince(BearGartley4,H) > ValueWhen(BearGartley4,P1H1);

BearBat = IIf((HighestSince(BearBat4,H) > ValueWhen(BearBat4,V1L2) + (ValueWhen(BearBat4,P1H2) - ValueWhen(BearBat4,V1L2))*BatDmin AND
HighestSince(BearBat4,H) < ValueWhen(BearBat4,V1L2) + (ValueWhen(BearBat4,P1H2) - ValueWhen(BearBat4,V1L2))*BatDMax AND
LowestSince(BearBat4,L) >= ValueWhen(BearBat4,V1L1 ) AND
HighestSince(BearBat4,H) == H), True, False);
BearBat = BearBat AND HighestSince(BearBat4,H) > ValueWhen(BearBat4,P1H1);

BearButterfly = IIf(HighestSince(BearButterfly4,H) > ValueWhen(BearButterfly4,V1L2) + (ValueWhen(BearButterfly4,P1H2) - ValueWhen(BearButterfly4,V1L2))*BtDmin AND
HighestSince(BearButterfly4,H) < ValueWhen(BearButterfly4,V1L2) + (ValueWhen(BearButterfly4,P1H2) - ValueWhen(BearButterfly4,V1L2))*BtDMax AND
LowestSince(BearButterfly4,L) >= ValueWhen(BearButterfly4,V1L1 ) AND
HighestSince(BearButterfly4,H) == H, True, False);
BearButterfly = BearButterfly AND HighestSince(BearButterfly4,H) > ValueWhen(BearButterfly4,P1H2);

BearCrab = IIf(HighestSince(BearCrab4,H) > ValueWhen(BearCrab4,V1L2) + (ValueWhen(BearCrab4,P1H2) - ValueWhen(BearCrab4,V1L2))*CDmin AND
HighestSince(BearCrab4,H) < ValueWhen(BearCrab4,V1L2) + (ValueWhen(BearCrab4,P1H2) - ValueWhen(BearCrab4,V1L2))*CDMax AND
LowestSince(BearCrab4,L) >= ValueWhen(BearCrab4,V1L1 ) AND
HighestSince(BearCrab4,H) == H, True, False);
BearCrab =BearCrab AND HighestSince(BearCrab4,H) > ValueWhen(BearCrab4,P1H2);


BearHar4 = BearGartley4 OR BearButterfly4 OR BearBat4 OR BearCrab4 ;
BearHar = BearGartley OR BearButterfly OR BearBat OR BearCrab ;

Point4 = IIf(BearHar,ValueWhen(BearHar4,bi),Null);
BearHar = IIf(BearHar, IIf(Point4 == ValueWhen(BearHar,point4,0) AND ValueWhen(BearHar,bi,0) > bi ,False,BearHar),BearHar);

X = ValueWhen(BearHar4,P1H2);
Xbar = ValueWhen(BearHar4,P1Bar2);
A = ValueWhen(BearHar4,V1L2);
Abar = ValueWhen( BearHar4,V1bar2);
B = ValueWhen(BearHar4,P1H1);
Bbar = ValueWhen(BearHar4,P1bar1);
C1 = ValueWhen(BearHar4,V1L1);
C1bar = ValueWhen(BearHar4,V1bar1);
D = ValueWhen(BearHar,H);
Dbar = ValueWhen(BearHar,bi);

ABdXA = (B-A)/(X-A);
BCdAB = (B-C1)/(B-A);
ADdXA = (D-A)/(X-A);
BCdCD = (D-C1)/(B-C1);

PlotPattern = Dbar > C1bar;

if(LastValue(Plotpattern) AND be)

{
Plot( LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(Bbar),LastValue(B)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(C1bar),LastValue(C1)),"",colorRed,styleThick);
Plot(LineArray(LastValue(C1bar),LastValue(C1),LastValue(Dbar),LastValue(D)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Bbar),LastValue(B)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(C1bar),LastValue(C1)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(Dbar),LastValue(D)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Dbar),LastValue(D)),"",colorRed,styleDashed);

PlotText(NumToStr(LastValue(ABdXA),1.2),(LastValue(Bbar)+LastValue(Xbar))/2,(LastValue(B)+LastValue(X))/2,colorRed);
PlotText(NumToStr(LastValue(BCdAB),1.2),(LastValue(C1bar)+LastValue(Abar))/2,(LastValue(C1)+LastValue(A))/2,colorRed);
PlotText(NumToStr(LastValue(BCdCD),1.2) ,(LastValue(Dbar)+LastValue(Bbar))/2,(LastValue(D)+LastValue(B))/2,colorRed);
PlotText(NumToStr(LastValue(ADdXA),1.2) ,(LastValue(Dbar)+LastValue(Xbar))/2,(LastValue(D)+LastValue(X))/2,colorRed);

}

LatPattern = bullHar OR bearHar;
Lastpattern = LastValue(ValueWhen(LatPattern,IIf(BullGartley,1,IIf(BearGartley,-1,IIf(BullBat,2,IIf(BearBat,-2,
IIf(BullButterfly,3,IIf(BearButterfly,-3,IIf(BullCrab,4,IIf(BearCrab,-4,Null))))))))));
PatternName = WriteIf(LastPattern == 1,"Bullish Gartley",WriteIf(LastPattern == -1,"Bearish Gartley",WriteIf(LastPattern == 2,"Bullish Bat",
WriteIf(LastPattern == -2,"Bearish Bat",WriteIf(LastPattern == 3,"Bullish Butterfly",WriteIf(LastPattern == -3,"Bearish Butterfly",
WriteIf(LastPattern == 4,"Bullish Crab",WriteIf(LastPattern == -4,"Bearish Crab","None"))))))));


plotFractals = ParamToggle("Plot Fractals","Off|On",0);
if(PlotFractals)
{
PlotShapes(shapeSmallCircle*P1,colorRed,0,H,10);
PlotShapes(shapeSmallCircle*V1,colorBlue,O,L,-10);
}

GfxSetTextColor(IIf(LastPattern > 0, colorGreen,colorRed));
GfxTextOut("Last Pattern : " + PatternName,0,20);

Filter = BullHar OR BearHar;
Bull = BullHar; Bear = BearHar;
Color = IIf(Bull,colorGreen,colorRed);
AddColumn(IIf(Bull,1,IIf(Bear,-1,Null)),"Pattern",1.0,colorWhite,Color);

50Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 10:38 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Yes AHUN has a falling wedge, in addition I also see the following for AHUN;

[You must be registered and logged in to see this image.]

So there can be a possible uptrend for 70-75 region and a fall too.. trade with care Wink

51Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 11:18 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

smallville wrote:TAH,

Thanks for the valuable effort.. If you look at most of the charts, they fall into falling wedges as I noticed but they keep fallin so finding a reversal point is a bit difficult.. Wink
Added to this ASI is nowhere signelling a reversal as last Friday high TO was due to several high calibre crossings.. not much of retail activities..

Therefore aprt from the trades we make, a point to consider is the crowd mentality at a greater extent.. A possible price action on a chart can get changed due to unfavourable news even...

Keep up the good work, I'm sure we can analyse few potential winners with gartley Wink
Hi small, excellant code for amibokers. thanks n appreciate your effort.
is there a way we can link cse live tick data with meta trader 4 Laughing

52Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 1:15 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

traderathome wrote:
Hi small, excellant code for amibokers. thanks n appreciate your effort.
is there a way we can link cse live tick data with meta trader 4 Laughing

Sorry bro never worked in Meta.. why dont u switch to Ami cuz most of us are working on it Wink he hee..

53Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 19, 2012 1:26 pm

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Smll,
Its the same AFL that I use.

54Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Sun Mar 25, 2012 5:23 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Here is a chart worth watching how it will form Very Happy [You must be registered and logged in to see this image.]

Appreciate your comments.

I have indicated possible price levels the share probably looking before short reversal.

55Technical Analytics & Charts (1) - Page 2 Empty Re: Technical Analytics & Charts (1) Mon Mar 26, 2012 7:06 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

The targets are drawn at strategic fib levels and not hypothetical PRZ Very Happy at the designated target levels we should see slight pull back to the halfway of current leg up before continuation.

anything below the pull back look for for downside. Very Happy

trade @100 Risk.this is not a trading advise,please check with your broker/investment advisor. Basketball

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