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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Swing Support and Resistance for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
amibroker
Swing support & Resistant Level for Traders.
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Indicator / Formula
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_SECTION_BEGIN("SWING SUPPORT 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); Color=IIf(O>C,colorBlack,colorBlue); Plot (R,"Res",colorLime,8+16); Plot (s,"Sup",colorRed,8+16); Plot (C,"Close",color,64,32); GraphXSpace=4; _SECTION_END();
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Very good!
Simple is beautiful!