Quick Volatility Contraction Pattern Calculation (VCP) Using Trendline Studies and AFL

[am2013]

Hi Mike and others - thank you for the great you are all doing by developing the code as per Minerveni's trend template and the VCP rules.

Question: I am not a programmer and new to this site. I use TOS for trading. How do I use this code and is there a way to incorporate this into TOS?

Thanks
Arun

[TrendSurfer]

@am2013,

For posting questions on the forum, you are required to get "Verified".

Please search for "Verified" or "Verified Badge" and follow the steps.

[am2013]

Thank you TrendSurfer. Will do.

[MCassICT]

@am2013 I am very much the least qualified to answer your questions compared to everyone else here. Mike has done an amazing job and his contributions are greatly appreciated as are everyone else's. I have been using some of the tools Mike has put together for some time now and a few of them I have made minor modifications too so that they work for me. Take what I say as a grain of salt compared to anyone else that might respond.

That said, I suppose there are a couple of ways to answer your question , unfortunately with more questions. What exactly are you trying to accomplish when you say,

How do I use this code and is there a way to incorporate this into TOS?

Are you wanting to actually use it while charting in TOS or do you do your charting with AmiBroker? Or have you automated with Amibroker that you run through TOS and you some how want to use this as part of a larger strategy?

So if you want to do something similar in TOS, I would imagine that you could, using thinkScript. In the past, I have put together a few simple strategies using that in TOS but nothing like like this or other tools I have found and tried in AmiBroker. Beyond that I know very little of the capabilities of thinkScript. As to the other possibilities I mentioned, such as an automated strategy in Amibroker run through the TOS, I have not yet gone down that path. For me, I use Amibroker for ALL of my charting, analysis, screening, and recording. I do not trade from Amibroker. Instead, I use it to do my homework and then place trades directly with my broker on a daily basis. This may or may not be what you are looking for but it has worked well for me.

I know that this still probably leaves you with more questions and hopefully one of the other guys with much more experience than I can be more helpful. My point is that if you could maybe be a little more specific with your question, and how you use AmiBroker and TOS together, it may make it easier for someone to give you the correct advice.

Also, I will direct you to this link as it is helpful to most new users on the forum:

https://forum.amibroker.com/t/how-to-ask-a-good-question/10247

It would also be helpful if you would verify your account which you can find more information about here:

https://forum.amibroker.com/t/license-verified-badge/13353

If you do those couple of things you will be welcomed to the community and many of the people here will be very helpful. Good luck!

[MCassICT]

@paddy I actually figured out that I had some issues in the code for my interpretation output which had to do with EnableTextOutput paramteter. I have fixed that now and so your VCP Modified study is working for me now.

[am2013]

@ MCassICT - truly appreciate your detailed response. I like your idea of using AmiBroker to do the research and place the trades on our preferred platforms. And thank you for the links to develop better credibility in the community. I will work on that.

Thanks