Download Support Resistance Lines For Amibroker (AFL)

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2 / 5 (Votes 3)

Indicator

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_SECTION_BEGIN("Sup / Res Lines");
SRswitch = ParamToggle("Sup / Res Lines","On,Off");
CHLswitch = ParamToggle("Hi Low / Close","Hi Low,Close");
NoLines = Param("No of Lines",3,1,10,1);
Sen = Param("Sensitivity",5,1,100,1);
 
Rcolor=ParamColor( "Res Color", colorGreen );
Rstyle=ParamStyle( "Res Style", styleLine );
 
Scolor=ParamColor( "Sup Color", colorBrown );
Sstyle=ParamStyle( "Sup Style", styleLine );
 
y=0;
x=0;
 
for( i = 1; i < NoLines+1 ; i++ )
{
Y[i]=LastValue(Peak(IIf(CHLswitch,C,H),Sen,i));
x[i]=BarCount - 1 - LastValue(PeakBars(IIf(CHLswitch,C,H),Sen,i));
Line = LineArray( x[i], y[i], Null, y[i], 1 );
Plot( IIf(SRswitch,Null,Line), "", Rcolor, Rstyle );
 
Y[i]=LastValue(Trough(IIf(CHLswitch,C,L),Sen,i));
x[i]=BarCount - 1 - LastValue(TroughBars(IIf(CHLswitch,C,L),Sen,i));
Line = LineArray( x[i], y[i], Null, y[i], 1 );
Plot( IIf(SRswitch,Null,Line), "", Scolor, Sstyle );
}
_SECTION_END();

1. morgen

almost 15 years ago

Nice!

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2. GarthVader

over 11 years ago

This works very well. Overlay on price.

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WiseTrader Toolbox

Support Resistance Lines for Amibroker (AFL)
vishyvishy
about 15 years ago
Amibroker (AFL)

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Indicator / Formula

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