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Support & Resistance for Amibroker (AFL)
Rating:
4 / 5 (Votes 3)
Tags:
amibroker, support, resistance
Support & Resistance
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Indicator / Formula
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_SECTION_BEGIN("Support & Resistance"); /* SUPPORT AND RESISTANCE */ LB= Param("Look Back Periods",10,1,30,1); R=ValueWhen(Cross(MA(C,LB),C),HHV(H,LB),1); S=ValueWhen(Cross(C,MA(C,LB)),LLV(L,LB),1); //UpClose = Close - Ref(Close,-1); //Color = IIf(UpClose >= 0, colorBlue, colorRed); UpClose = Close - Ref(Close,-1); Color = IIf(UpClose > 0, colorBlue, colorRed); PlotOHLC(Open,High,Low,Close,"", Color, styleCandle); Plot (R,"Resz",ParamColor("R Color",colorRed),8+16); Plot (S,"Supp",ParamColor("S Color",colorGreen),8+16); //Plot (R,"Resz",22,8+16); //Plot (S,"Supp",19,8+16); // Plot (C,"Close",color,64,32); GraphXSpace=4; Title = "Support & Resistance - " + FullName()+ " - " + Date() + "\n O: " + O + ", H: " + H + ", L: " + L + ", C: " + C + " (" + WriteVal(C-Ref(C,-1)) + "/" + WriteVal((C-Ref(C,-1))*100/ Ref(C,-1)) +" ), Vol: " + WriteVal(round(V),0) + EncodeColor(colorRed) + " Resistance = " + WriteVal(R) + EncodeColor(colorBlue) + " Support = " + WriteVal(S); _SECTION_END(); _SECTION_BEGIN("BackgroundColor"); SetChartBkGradientFill( ParamColor("AboveColour", colorLime),ParamColor("UnderColour", colorBlack)); _SECTION_END(); _SECTION_BEGIN("Volume"); Plot( Volume, _DEFAULT_NAME(), IIf( C >= Ref(C,-1), ParamColor("Up Color", colorGreen ), ParamColor("Down Color", colorRed )), ParamStyle( "Style", styleHistogram | styleThick | styleOwnScale, maskHistogram ),3 ); // height = 5 (can change it) _SECTION_END();
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