Amibroker For Dummies........a Beginner's Forum On How To Use Amibroker

[murthymsr]

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guys, please help to give afl to compare nifty with other symbol

May be that you want to identify whether a stock is stronger or weaker in comparison to nifty. (If your request is more clear, you may get more appropriate responses.)

If so, try something like (AB - Exploration):

RSN1 = 100*(EMA(RelStrength("NIFTY"),3) - MA(RelStrength("NIFTY"),5))/MA(RelStrength("NIFTY"),5);

This will give a number around 0 (zero). More positive means stronger, more negative means weaker.

On Friday, it ranged between -3 to +3 for some popular 25 stocks (performance compared for over a week.) You may change values and play with it to get different timeframes.

murthymsr

 

[stock72]

@sanamtrade , @ murthymsr,

thanks for kind reply . on going through the reply my fear increases many fold since i dont know abcd in amibroker..
so far what i did and know is installed free amibroker and receiving real time qoute from MDP ( subcribed for a month ) . If i add a symbol say nifty then the real time chart is appearing in the screen.

I know i have to go a long way from here to reach a decent technical analysis level ..

Before that I need one specific help ....

I want to see the nifty chart compared with say tcs -- in real time...
I hope my request is clear..

I f you give the code with intruction what to with that code in amibroker will be much helpful ..

sorry for disturbance ...

 

[stock72]

try inserting this line of code into the parent afl code to show any two tickers by changing the symbol, u can compare and u can also add more lines to show more.

PlotForeign ( "NSENIFTY" , " Nifty" , 29, styleOwnScale | styleThick );

Where and how to insert. kind enough to upload as image please ...

 

[minitrader]

Where and how to insert. kind enough to upload as image please ...

ANYWHERE in the code
The end would be easy
Right before _SECTION_END();

Now it looks like



PlotForeign ( "NSENIFTY" , " Nifty" , 29, styleOwnScale | styleThick );
_SECTION_END();


You can add more above with as many symbols as you want but may want to change 29 to colorCycle so not too confusing

 

[jaberalkwater]

I am proud to be one of the members of this beautiful edifice

 

[sttbalan]

Bought MDP for one month . installed amibroker free version for 30 days today.

guys, please help to give afl to compare nifty with other symbol

See attachment and change your scripts accordingly.In place of M_CRUDEOIL3 change to your index code,like wise you can replace all scripts.

 

[ndeepak]

friends , please help me how to add AFL in to amibroker , I am completely new to amibroker....

 

[ashwani chadha]

friends , please help me how to add AFL in to amibroker , I am completely new to amibroker....

dear deepak what purpose this amibroker solves,what are its features, is it for auto trading,once you use, tell me regarding its results

 

[ndeepak]

dear deepak what purpose this amibroker solves,what are its features, is it for auto trading,once you use, tell me regarding its results

Ashwani , I am myself new to this software , but can tell you that amibroker is simply meant for technical analysis....
Amibrokers creates charts from the data ( stock quotes) ..once you have a chart you can make use of different indicators to make a trading decision whether you want to buy or sell..
AFL is a language used in amibroker through which we can code the system that we have developed to generate buy or sell signals...
with the help of AFL you can also scan several scripts at once..
there are many aspects which you will learn once you start using it:thumb:

 

[santoshdts]

Hii..
I was using FCHARTS earlier, decided to migrate to some advanced charting tool and decided on Ami,
Now ive downloaded Ami & getbhavcopy.. Downloaded Nse data, Imported in Ami...All's fine till here.

The prob is iam unable to Download Nse Fut Data through GetBhavcopy.

Seniors please guide me ( did i do some mistake while setting up getbhavcopy??)

Regards

Santosh