Camarilla, I got the values. Anybody ?

I'm messing around with some camarilla indicators but from what I have downloaded, all shows different values, found here on FF. So I found what (seems) to be the right calculation. As you probably understand, I'm completely vegetable when it comes to mt4 scripts so I wonder if someone is able to plot this values into a simple indicator ? Only if it's easy and doesn't take much of your time, of course.


Thank you.

H4 = [1.1*(H-L)/2]+C
H3 = [1.1*(H-L)/4]+C
H2 = [1.1*(H-L)/6]+C
H1 = [1.1*(H-L)/12]+C

L1 = C-[1.1*(H-L)/12]
L2 = C-[1.1*(H-L)/6]
L3 = C-[1.1*(H-L)/4]
L4 = C-[1.1*(H-L)/2]


Where:
H = Days high
L = Days low
C = Days Close

(All values are for the previous day prior to the trade day)

Thanks a lot for your effort. I have this link which should give you a brief explanation.

I have used camarilla-levels for scalping 15m chart on many pairs with, IMO, decent success. This "system" broke down near end of 2007 duo to all the economical events we shaw, but from today, I have started to use it again with same results as before. I found one indicator yesterday, finally, here on FF which seems to be correct, too.

I see lucidlamp already did this, but here is one I did. It has the same values. Man Lucidlamp is a great programmer.

Thank you for your effort, too. Much appreciated.

Btw, this is the one I found searching through FF yesterday. It's possible to adjust from what session you want your calculation. Pretty handy.

Hi, I read thru all the litrature you linked to and I have a question. How did you arrive at the conclusion that you have the correct math equation for Camarilla?

BTW The one you posted is better than the one I quickly made. I changed the line styles and color schemes so that it more closely matches how it is used in the explanation from the link you gave.

Hi. I think I got it from some person who had used those values for a long time. I haven't really digged into if this is the formula, or if it's more correct than others. But from what I remember, those values seems to be close enough from what I used before, and even though it might seem like a quick conclusion, I might add that it worked well on Fridays trading-session.

Btw; you might want to add each levels "name", like (from top-down) H5, H4, H3, P(IVOT), L3, L4, L5. L4 and H4 is known as break-out levels, so I guess it would be handy.

Thank you for your time.

smjones i have a quick question, i have been trying to attach an excel work sheet but FF keeps saying its an invalid file...i have vista

thanks
JL

Just Zip the file and then use the Manage Attachments button when typing your reply.

See the screen shot below.

Do you mean like this?

Perfect. Are you trading those levels yourself ?

I am reading all the lit I can find on Camarilla, so far it is more of a study for me then trading. I am following the described trades, though.

After my vacation I'll be trying to do some more testing with Camarilla levels. I still believe it reveals good potential although 3 days of trading isn't enough to go crazy and pulling of a thread here at FF, IMO. A month or 2 maybe.

If it interest you, I have traded L3 and L4 only short and entered when price have headed 5 pips below one of those levels and stop loss either at Pivot or L3. TP would be L4 or L5. And the opposite for long. Here is a chart of 1 trade I took on swissy;

Those blue fat lines are only previous day h/l and I use those levels to avoid taking breakout positions if price is close to those levels. Tend to provide price with support/resistance and limit the probability for TP to be hit.

Been testing for the Camarilla Historical Equotation from the Daily Pivot Floor and added a label on it. The pivot level that i used is normal (PreviousHigh+PreviousLow+PreviousClose)/3; OR it can also be used the PreviousClose. But i hand included the yesterday closed as well.
It can an also to add R6 and L6.

//STYLE 1
//
//
// double D1=0.091667;
// double D2=0.183333;
// double D3=0.2750;
// double D4=0.55;
// double D5=0.8244;
// double D6=0.1.0992; <----Used in S6/L6
// double D7=1.0076; <----Used as R6/H6
//
// double P = (PreviousClose);
// double R3 = (PreviousHigh - PreviousLow)*D3 + (PreviousClose);
// double S3 = (PreviousClose) - (PreviousHigh - PreviousLow)*D3;
// double R4 = (PreviousHigh - PreviousLow)*D4 + (PreviousClose);
// double S4 = (PreviousClose) - (PreviousHigh - PreviousLow)*D4;
// double R5 = (PreviousHigh/PreviousLow)* (PreviousClose);
// double S5 = (PreviousClose) - (PreviousHigh/PreviousLow)* (PreviousClose) + (PreviousClose);
//
//
//Please recheck the formula except Support and Resistance 6 in Camarilla Equotation.
//
// H6 (1.0076*High-Low))+Close
// H5 (0.8244*High-Low))+Close
// H4 (0.555*High-Low))+Close
// H3 (0.275*High-Low))+Close
// H2 (0.183*High-Low))+Close
// H1 (0.0916*High-Low))+Close
// L1 (Close-(0.0916*(High-Low))
// L2 (Close-(0.183*(High-Low))
// L3 (Close-(0.275*(High-Low))
// L4 (Close-(0.55*(High-Low))
// L5 (Close-(0.8244*(High-Low))
// L6 (Close-(1.0992*(High-Low))
//
//********************************************************************************************************
//****************************************************************************************************
//
//STYLE 2
//
//
// double P = (PreviousClose);
// double R3 = (PreviousHigh - PreviousLow)*1.1/4 + (PreviousClose);
// double S3 = (PreviousClose) - (PreviousHigh - PreviousLow)*1.1/4;
// double R4 = (PreviousHigh - PreviousLow)*1.1/2 + (PreviousClose);
// double S4 = (PreviousClose) - (PreviousHigh - PreviousLow)*1.1/2;
// double R5 = (PreviousHigh/PreviousLow)* (PreviousClose);
// double S5 = (PreviousClose) - (PreviousHigh/PreviousLow)* (PreviousClose) + (PreviousClose);
//
//