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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Swing chart for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, composite
Formula name: 30 Week Hi Indicator – Calculate
Author/Uploader: Geoff Mulhall
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Indicator / Formula
Copy & Paste Friendly
/* Calculate indices of new 30 week high's vs new 30 week lows */ /* Set the filter so as to scan a given market */ /* Set Period to Weekly */ /* The new indexes will be found in Group 253 */ H1 = Close > Ref(HHV(Close,30),-1); H2 = High > Ref(HHV(High,30),-1); L1 = Close < Ref(LLV(Close,30),-1); L2 = Low < Ref(LLV(Low,30),-1); H_L_Array1 = H1 - L1; H_L_Array2 = H2 - L2; // Do not generate signals Buy = 0; Filter = 0; AddToComposite( H_L_Array1, "~Idx30Wk_Close_HL", "X", 19); AddToComposite( H_L_Array2, "~Idx30Wk_Abs_HL", "X", 19);
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