Dear Members,
I tried the following code but I don't understanding the following logic. Could anyone please give me guidance and suggestions regarding the same. Source :- https://stockbee.blogspot.in/2014/08/how-i-get-market-monitor-numbers.html
Stock up 50% or more in a month ( Telechart Code)
C20 >= 5 AND (AVGC20 * AVGV20) >= 250000 AND 100 * (C C20) / C20 >= 50
what is meant by AVGC20? in the above code and how to write the above line in AFL Language.
_SECTION_BEGIN("Unnamed 22");
du= ((C-Ref(C,-1))/Ref(C,-1))>=(0.04) AND V>=1000 AND V>Ref(V,-1) ;
dd= ((C-Ref(C,-1))/Ref(C,-1))<=(-0.04) AND V>1000 AND V>Ref(V,-1);
qu= ((C-Ref(C,-66))/Ref(C,-66))>0.25 ;
qd= ((C-Ref(C,-66))/Ref(C,-66))<-0.25 ;
mu= ((C-Ref(C,-22))/Ref(C,-22))>0.25 ;
md= ((C-Ref(C,-22))/Ref(C,-22))<-0.25 ;
ddu= ((C-Ref(C,-34))/Ref(C,-34))>0.13 ;
ddd= ((C-Ref(C,-34))/Ref(C,-34))<-0.13 ;
Buy = 0; // do not generate signals
AddToComposite(1, "~4up", "C");
AddToComposite(du, "~4up", "H" );
AddToComposite(dd, "~4dn", "L" );
AddToComposite(qu, "~25qup", "C" );
AddToComposite(qd, "~25qdn", "OI" );
AddToComposite(mu, "~25mup", "C" );
AddToComposite(md, "~25mdn", "OI" );
AddToComposite(ddu, "~13dup", "C" );
AddToComposite(ddd, "~13ddn", "OI" );
s=Foreign("~4up","H");
s_col=IIf(s>100,colorBrightGreen,IIf(s>=50,colorPink,colorRed));
g=Foreign("~4dn","L");
g_col=IIf(g<=50,colorBrightGreen,IIf(g<=100,colorPink,IIf(g>200,colorRed,IIf(g>=900,colorOrange,colorRed))));
ratio=(MA(s,10)*10)/(MA(g,10)*10);
t=Foreign("~25qup","C");
t_col=IIf(t>=300,colorBrightGreen,IIf(t>=200,colorPink,colorRed));
u=Foreign("~25qdn","OI");
u_col=IIf(u>=200,colorRed,IIf(u>=200,colorPink,colorBrightGreen));
q=Foreign("~25mup","C");
q_col=IIf(t>=500,colorBrightGreen,IIf(t>=200,colorPink,colorRed));
z=Foreign("~25mdn","OI");
z_col=IIf(u>=500,colorRed,IIf(u>=200,colorPink,colorBrightGreen));
ds=Foreign("~13dup","C");
ds_col=IIf(ds>100,colorBrightGreen,IIf(ds>=10,colorPink,colorRed));
dg=Foreign("~13ddn","OI");
dg_col=IIf(dg<=50,colorBrightGreen,IIf(dg<=100,colorPink,IIf(dg>200,colorRed,IIf(dg>=900,colorOrange,colorRed))));
Filter=1;
AddColumn(S,"4%-UP",1.2,colorBlack,s_col);
AddColumn(g,"4%-DN",1.2,colorBlack,g_col);
AddColumn(t,"25%-QUP",1.2,colorBlack,t_col);
AddColumn(u,"25%-QDN",1.2,colorBlack,u_col);
AddColumn(ratio,"10-DR",1.2,colorBlack,s_col);
AddColumn(q,"25%-MUP",1.2,colorBlack,t_col);
AddColumn(z,"25%-MDN",1.2,colorBlack,u_col);
AddColumn(dS,"34/13 UP",1.2,colorBlack,ds_col);
AddColumn(dg,"34/13 DN",1.2,colorBlack,g_col);
_SECTION_END();
Thank you