Gann Strategy AFL - Enjoy

[Rajvir]

The main part of Gann calculations is coded by "Myamit" . So all credit goes to him. I have modified Buy Short and profit booking conditions according to my convenience. Infact I use more tight rules for Buy Short, but in this AFL only few conditions are used. I noticed that for some people The Gann levels are not drawn on their charts, if you face same problem, look for below line in AFL
RefVWAP = ValueWhen(TimeNum() == 092900, Vwap,1);
change it to
RefVWAP = ValueWhen(TimeNum() == 092900, C,1);
Now Gann Levels will be calculated taking close price of 9.29, and not VWAP of 9.29.
If problem still persist, Go to Tools-Preferences-Intraday and select
Time of Last tick inside bar or Try rest of 3 Time stamps. It should work.
AFL is posted below


_SECTION_BEGIN("Title");
SetChartOptions(0,chartShowArrows|chartShowDates,colorRed);


Plot(C,"Price",IIf(C>O,colorBrightGreen,colorBrown),styleCandle);

_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L,C, SelectedValue( ROC( C, 1 )) ));


_SECTION_END();




_SECTION_BEGIN("GaNN Square of Nine");

BarsToday = 1 + BarsSince( Day() != Ref(Day(), -1));

StartBar = ValueWhen(TimeNum() == 091500, BarIndex());

TodayVolume = Sum(V,BarsToday);

VWAP = (Sum (((C+O+H+L)/4) * V, BarsToday ) / TodayVolume);
Plot (VWAP,"VWAP",colorBlue, styleStaircase = 512);


RefVWAP = ValueWhen(TimeNum() == 092900, Vwap,1);


BaseNum = (int(sqrt(RefVWAP))-1);
sBelow = BaseNum + BaseNum;
sBelowI = 1;


//Calculate levels for GANN Square of Nine

for( i = 1; i < 50; i++ )
{
VarSet( "GANN"+i, (BaseNum * BaseNum) );
BaseNum = BaseNum + 0.125;
sBelowI = IIf( VarGet("GANN"+i)< RefVWAP, i, sBelowI);
bAboveI = sBelowI + 1;
sBelow = round(VarGet("GANN"+sBelowI));
bAbove = round(VarGet("GANN"+bAboveI));
}

// Resistance Levels (or Targets for Buy trade)
BTgt1 = round(0.9995 * VarGet("Gann"+(bAboveI+1)));
BTgt2 = round(0.9995 * VarGet("Gann"+(bAboveI+2)));
BTgt3 = round(0.9995 * VarGet("Gann"+(bAboveI+3)));
BTgt4 = round(0.9995 * VarGet("Gann"+(baboveI+4)));
BTgt5 = round(0.9995 * VarGet("Gann"+(bAboveI+5)));
BTgt6 = round(0.9995 * VarGet("Gann"+(baboveI+6)));
// Support Levels (or Targets for Short trade)
STgt1 = round(1.0005 * VarGet("Gann"+(sBelowI-1)));
STgt2 = round(1.0005 * VarGet("Gann"+(sBelowI-2)));
STgt3 = round(1.0005 * VarGet("Gann"+(sBelowI-3)));
STgt4 = round(1.0005 * VarGet("Gann"+(sbelowI-4)));
STgt5 = round(1.0005 * VarGet("Gann"+(sBelowI-5)));
STgt6 = round(1.0005 * VarGet("Gann"+(sBelowI-6)));

Sstop= round(babove-((babove-sbelow)/3)) ;
Bstop= round(sbelow+((babove-sbelow)/3)) ;

BuySignal = TimeNum()>092900 AND (Cross(H,babove)OR Cross(C,babove) OR (H>babove AND L<=babove)) AND VWAP<babove ;
ShortSignal = TimeNum()>092900 AND (Cross(Sbelow,L) OR Cross(Sbelow,C) OR (H>=sbelow AND L<sbelow))AND VWAP>sbelow ;

BuySignal = ExRem(BuySignal,ShortSignal);
ShortSignal = ExRem(ShortSignal,BuySignal);

ShortProfitStop= (STgt1 AND L<=Stgt1 AND C>Stgt1) OR (STgt2 AND L<=Stgt2 AND C>Stgt2) OR (STgt3 AND L<=Stgt3 AND C>Stgt3) OR (STgt4 AND L<=Stgt4 AND C>Stgt4) OR (STgt5 AND L<=Stgt5 AND C>Stgt5) OR (STgt6 AND L<=Stgt6 AND C>Stgt6);

BuyProfitStop= (Btgt1 AND H>=btgt1 AND C<Btgt1) OR (Btgt2 AND H>=Btgt2 AND C<btgt2) OR (Btgt3 AND H>=Btgt3 AND C<btgt3) OR (Btgt4 AND H>=Btgt4 AND C<btgt4) OR (Btgt5 AND H>=Btgt5 AND C<btgt5) OR (Btgt6 AND H>=Btgt6 AND C<btgt6);

SetOption("MaxOpenPositions", 1 );
SetPositionSize(100,spsShares);

Buy = BuySignal;
Sell = C<Bstop OR BuyProfitStop;
Short = ShortSignal;
Cover = C>SStop OR ShortProfitStop;

Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
Short = ExRem(Short,Cover);
Cover = ExRem(Cover,Short);



Sstop= round(babove-((babove-sbelow)/3)) ;
Bstop= round(sbelow+((babove-sbelow)/3)) ;

GfxSetBkMode( 1 );
GfxSelectFont("Courier New", 11, 700 );
GfxSetTextColor( colorBrightGreen );
GfxSelectPen( colorBlack, 1, 0) ;
GfxSelectSolidBrush( colorWhite );

BTgtext = "Buy Targets : " + NumToStr(btgt1,1.2,False) + " - " + NumToStr(btgt2,1.2,False) + " - " + NumToStr(btgt3,1.2,False);
STgtext = "Short Targets : " + NumToStr(stgt1,1.2,False) + " - " + NumToStr(stgt2,1.2) + " - " + NumToStr(stgt3,1.2,False);

GfxTextOut("Current time : " + TimeNum(), 225, 25);

GfxTextOut("Buy Above : " + WriteIf(TimeNum()>092900, NumToStr(bAbove,1.2,False) + " SL : " + NumToStr(sBelow,1.2,False),"Waiting for Signal"), 225, 45);
GfxTextOut(WriteIf(TimeNum()>092900,BTgtext,""), 225, 55);

GfxSetBkMode( 1 );
GfxSelectFont("courier new", 11, 700 );
GfxSetTextColor( colorRed );
GfxSelectPen( colorBlack, 1, 0) ;
GfxSelectSolidBrush( colorWhite );

GfxTextOut("Short Below : " + WriteIf(TimeNum()>092900, NumToStr(sBelow,1.2,False) + " SL : " + NumToStr(bAbove,1.2,False),"Waiting for Signal"), 225, 75);
GfxTextOut(WriteIf(TimeNum()>092900,STgtext,""), 225, 85);

AddColumn(Close,"Close",1.4);
AddColumn(Buysignal,"buysignal",1.2);


_SECTION_BEGIN("BBands");
Plot(BBandTop(C,20,2),"",colorLightGrey,style=styleLine|styleNoRescale|styleNoLabel);
Plot(BBandBot(C,20,2),"",colorLightGrey,style=styleLine|styleNoLabel);
_SECTION_END();

Plot(sstop,"",colorGreen,styleDots=8|styleNoLabel);
Plot(bstop,"",colorRed,styleDots=8|styleNoLabel);
PlotOHLC( babove, sbelow, babove,sbelow, "", colorYellow, styleCloud);
PlotOHLC( sbelow, babove, sbelow,babove, "", colorYellow, styleCloud);




PlotShapes(IIf(Buysignal, shapeSquare, shapeNone),colorBlue, 0, L, Offset=-20);
PlotShapes(IIf(Buysignal, shapeSquare, shapeNone),colorBlue, 0,L, Offset=-30);
PlotShapes(IIf(Buysignal, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-25);

PlotShapes(IIf(Shortsignal, shapeSquare, shapeNone),colorRed, 0, H, Offset=20);
PlotShapes(IIf(Shortsignal, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30);
PlotShapes(IIf(Shortsignal, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25);

Plot(BTgt1,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);
Plot(BTgt2,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);
Plot(BTgt3,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);
Plot(BTgt4,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);
Plot(BTgt5,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);
Plot(BTgt6,"",colorGreen,styleStaircase|styleSwingDots|styleNoRescale);

Plot(STgt1,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);
Plot(STgt2,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);
Plot(STgt3,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);
Plot(STgt4,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);
Plot(STgt5,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);
Plot(STgt6,"",colorRed,styleStaircase|styleSwingDots|styleNoRescale);


PlotShapes(IIf(Cover, shapeHollowUpArrow,shapeNone),colorGreen, 0, Low, Offset=-20);
PlotShapes(IIf(Sell, shapeHollowDownArrow,shapeNone),colorRed, 0, High, Offset=-20);

 

[rananjay00007]

bhai kal live market me ise check karoonga

 

[nilesh53333]

i cant see levels of buy and sell. all blank. anybody will help?

 

[prktrade]

Works well only on 1 min interval. You need a counter which also has volume in it.

Running it on an index, without volume will not show up any charts

 

[Rajvir]

It works on 1-5-15 mint time frames, And it wont work on cash nifty, It will work only on securities having volume

 

[soumen.bag1]

Is it work on nifty future?

 

[niklravi]

hi
it is not working in any time frame . can u recheck? in fact i have changed the line in afl as suggested still all values are empty for any stock also.

ravi

 

[matant]

I changed the parameter under intraday tab and now the code work well.I didn't changed any line of code. I use amibroker 5.40
Now, only things to do is to watch if the TS work well.
I want to test it on nasadaq future. Do you think that can be good?

 

[kgsirasangi]

I changed the parameter under intraday tab and now the code work well.I didn't changed any line of code. I use amibroker 5.40
Now, only things to do is to watch if the TS work well.
I want to test it on nasadaq future. Do you think that can be good?

Formula is not working in my case also. I also use amibroker 5.40. What changes did you do? My parameter against afl is blank

Thanks

 

[matant]

If problem still persist, Go to Tools-Preferences-Intraday and select
Time of Last tick inside bar or Try rest of 3 Time stamps. It should work.

look :thumb: