Download Three Line Break - TLB For Amibroker (AFL)

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4 / 5 (Votes 2)

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// Three Line Break or TLB
// 3 line Break  Chart
// Laurent 14 Aug 2005 ver 1
// Custom Indicator, date axis does not apply
// i compare my TLB chart with broker and another software
// visual result in almost the same, but the 3 have small difference
 
SetBarsRequired(10000, 10000);
 
// initialize first element
NumBar = 0;
LastHigh = Close[1];
LastLow = Close[1];
LastStartHigh = Close[1];
LastStartLow = Close[1];
 
// Loop to produce the TLB values 
 
for (i = 1; i < BarCount - 1; i++)
{
  if (numbar > 3)
  {
    M1 = Max(TLBCB[numbar], TLBCE[numbar]);
    M2 = Max(TLBCB[numbar - 1], TLBCE[numbar - 1]);
    M3 = Max(TLBCB[numbar - 2], TLBCE[numbar - 2]);
    m4 = Max(m1, m2);
    LastHigh = Max(m4, m3);
 
    M1 = Min(TLBCB[numbar], TLBCE[numbar]);
    M2 = Min(TLBCB[numbar - 1], TLBCE[numbar - 1]);
    M3 = Min(TLBCB[numbar - 2], TLBCE[numbar - 2]);
    m4 = Min(m1, m2);
    LastLow = Min(m4, m3);
  }
 
  if (Close[i] > Lasthigh)
  {
    numbar++;
    TLBCB[numbar] = LastStartHigh; // TLBCB Three Line Break Chart Begin (of bar)
    TLBCE[numbar] = Close[i]; // TLBCB Three Line Break Chart End (of bar)
    LastStartlow = LastHigh;
    LastHigh = Close[i];
    LastStartHigh = Close[i];
  }
 
  if (Close[i] < LastLow)
  {
    numbar++;
    TLBCB[numbar] = LastStartLow;
    TLBCE[numbar] = Close[i];
    LastStartHigh = LastStartLow;
    Lastlow = Close[i];
    LastStartlow = Close[i];
  }
 
} // for
 
// move the chart to right end of chart space, ie last brick on last bar position 
delta = BarCount - 1-numbar;
TLBCB = Ref(TLBCB,  - delta);
TLBCE = Ref(TLBCE,  - delta);
 
rO = TLBCB;
rC = TLBCE;
rH = Max(rC, rO);
rL = Min(rC, rO);
 
// plot chart
PlotOHLC(rO, rH, rL, rC, "TLB", colorBlack, styleCandle);
GraphXSpace = 1;
 
Title = Name() + " - {{INTERVAL}} {{DATE}} - TLB Chart : ";

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Three Line Break - TLB for Amibroker (AFL)
kaiji
about 15 years ago
Amibroker (AFL)

Indicator / Formula

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