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Swing Support and Resistance for Amibroker (AFL)

Rating:
3 / 5 (Votes 5)
Tags:
amibroker

Swing support & Resistant Level for Traders.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_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();

1 comments

1. morgen

Very good!
Simple is beautiful!

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