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Intraday Tick Price With Regression Channel for Amibroker (AFL)
Here is the combination of two formulas which gives intraday Tick Price with regression channel. I used background color black.
Screenshots
Indicator / Formula
_SECTION_BEGIN("Price With Regression Channel"); //LISTING 1; SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); Plot( C, "Close", ParamColor("Color", colorWhite ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); //LISTING 2; // Linear Regression Line with 2 Standard Deviation Channels Plotted Above and Below P = ParamField("Price field",-1); Daysback = Param("Period for Liner Regression Line",21,1,240,1); shift = Param("Look back period",0,0,240,1); // =============================== Math Formula ============================================================= x = Cum(1); lastx = LastValue( x ) - shift; aa = LastValue( Ref(LinRegIntercept( p, Daysback), -shift) ); bb = LastValue( Ref(LinRegSlope( p, Daysback ), -shift) ); y = Aa + bb * ( x - (Lastx - DaysBack +1 ) ); // ==================Plot the Linear Regression Line ========================================================== LRColor = ParamColor("LR Color", colorCycle ); LRStyle = ParamStyle("LR Style"); LRLine = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y, Null ); Plot( LRLine , "LinReg", LRCOLOR, LRSTYLE ); // styleDots ); // ========================== Plot 1st SD Channel =============================================================== SDP = Param("Standard Deviation", 1.5, 0, 6, 0.1); SD = SDP/2; width = LastValue( Ref(SD*StDev(p, Daysback),-shift) ); // THIS IS WHERE THE WIDTH OF THE CHANELS IS SET SDU = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y+width , Null ) ; SDL = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y-width , Null ) ; SDColor = ParamColor("SD Color", colorCycle ); SDStyle = ParamStyle("SD Style"); Plot( SDU , "Upper Lin Reg", SDColor,SDStyle ); Plot( SDL , "Lower Lin Reg", SDColor,SDStyle ); // ========================== Plot 2d SD Channel =============================================================== SDP2 = Param("2d Standard Deviation", 2.0, 0, 6, 0.1); SD2 = SDP2/2; width2 = LastValue( Ref(SD2*StDev(p, Daysback),-shift) ); // THIS IS WHERE THE WIDTH OF THE CHANELS IS SET SDU2 = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y+width2 , Null ) ; SDL2 = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y-width2 , Null ) ; SDColor2 = ParamColor("2 SD Color", colorCycle ); SDStyle2 = ParamStyle("2 SD Style"); Plot( SDU2 , "Upper Lin Reg", SDColor2,SDStyle2 ); Plot( SDL2 , "Lower Lin Reg", SDColor2,SDStyle2 ); // ============================ End Indicator Code ============================================================== _SECTION_END();
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What is this “Intraday Tick Price” please.
Thanks