Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Advanced Trendlines for Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
amibroker, trendlines

This indicator plots trendlines with channels to make informed trading decisions.It is clean and simple.

Similar Indicators / Formulas

Advanced Trendline based on Candle Pivots
Submitted by kaiji over 14 years ago
TD Clone points and trendlines
Submitted by dogma almost 15 years ago
Advanced Trend Lines
Submitted by asdaf1 over 14 years ago
Slow Stochastic and Trendlines
Submitted by udayit about 14 years ago
Square of Nine Roadmap Charts
Submitted by kaiji almost 15 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Advanced Trend Lines");
function GetXSupport(Lo, Percentage, Back)
{
 return ((BarCount - 1) - LastValue(TroughBars(Lo, Percentage,Back)));
}
function GetYSupport(Lo, Percentage, Back)
{
 return (LastValue(Trough(Lo, Percentage, back)));
}

function GetXResistance(Hi, Percentage, Back)
{
 return ((BarCount - 1) -LastValue(PeakBars(Hi, Percentage, Back)));
}
function GetYResistance(Hi, Percentage, Back)
{
 return (LastValue(Peak(Hi, Percentage, Back)));
}
function TD_Supply(P)
{
	return ( P > Ref(P, 1) AND P > Ref(P, -1) AND P > Ref(C, -2));
}
function TD_Demand(P)
{
	return ( P < Ref(P, 1) AND P < Ref(P, -1) AND P < Ref(C, -2));
}
////////////////////////////////////////////////////////////////////////
//Parameters
Percentage 	= Param("Percentage", 1.5, 0.01, 100. ,0.01);
DrawAllLines 	= ParamToggle("Draw All Lines?", "No|Yes");
Lines 			= Param("Lines?", 1, 1, BarCount-2);
DrawR 			= ParamList("Resistance Points", "Off|High to High|High to Low", 1);
DrawS 			= ParamList("Support Points", "Off|Low to Low|Low to High", 1);
ShowTDP 		= ParamToggle("Show TD Pionts", "No|Yes", 1);
AllOrDownR 	= ParamToggle("Resistance Direction", "All|Down");
AllOrUpS 		= ParamToggle("Support Direction", "All|Up");
ShowSR			= ParamToggle("Show Vert S/R","No|Yes", 1);
SRPer			= Param("S/R Percentage", 3, 1);
SRBack			= Param("S/R Back", 5, 1);
str = "";
Res = Sup = 0;
Con = 1;
////////////////////////////////////////////////////////////////////////
Main = C;
Con = ConS = ConR = 1;
if(DrawS=="Low to Low")
{
	Support1 = L;
	Support2 = L;
}
else
{
	Support1 = L;
	Support2 = H;
}
if(DrawR=="High to High")
{
	Resistance1 = H;
	Resistance2 = H;
}
else
{
	Resistance1 = H;
	Resistance2 = L;
}
////////////////////////////////////////////////////////////////////////
//Plotting Area
Plot(Main, "", IIf(C>O,colorGreen, colorRed), styleBar);
if(DrawAllLines)
for(i = 2; i<=Lines+1; i++)
{
	if(DrawS!="Off")
	{
		x0 = GetXSupport(Support1, Percentage, i);
		x1 = GetXSupport(Support2, Percentage, i-1);
		y0 = GetYSupport(Support1, Percentage, i);
		y1 = GetYSupport(Support2, Percentage, i-1);
		x = LineArray(x0, y0, x1, y1, 1);
		if(AllOrUpS) ConS = StrToNum(NumToStr(y0 < y1));
		if(Con AND ConS)
			Plot(x, "", IIf(LastValue(C) < LastValue(x), colorBlue,colorLightBlue), styleLine|styleThick);
	}
	if(DrawR!="Off")
	{
		x0 = GetXResistance(Resistance1, Percentage, i);
		x1 = GetXResistance(Resistance2, Percentage, i-1);
		y0 = GetYResistance(Resistance1, Percentage, i);
		y1 = GetYResistance(Resistance2, Percentage, i-1);
		x = LineArray(x0, y0, x1, y1, 1);
		if(AllOrDownR) ConR = y0 > y1;
		if(Con AND ConR)
			Plot(x, "",  IIf(LastValue(C) < LastValue(x), colorBlue,colorLightBlue), styleLine|styleThick);
	}
}
else
{
	if(DrawS!="Off")
	{
		x0 = GetXSupport(Support1, Percentage, Lines+1);
		x1 = GetXSupport(Support2, Percentage, Lines);
		y0 = GetYSupport(Support1, Percentage, Lines+1);
		y1 = GetYSupport(Support2, Percentage, Lines);
		x = LineArray(x0, y0, x1, y1, 1 );
		Sup = LastValue(LinRegSlope(x, Lines+1));
		if(AllOrUpS) ConS = y0 < y1;
		if(Con AND ConS)
			Plot(x, "", IIf(LastValue(C) < LastValue(x), colorBlue,colorLightBlue), styleLine|styleThick);
	}
	if(DrawR!="Off")
	{
		x0 = GetXResistance(Resistance1, Percentage, Lines+1);
		x1 = GetXResistance(Resistance2, Percentage, Lines);
		y0 = GetYResistance(Resistance1, Percentage, Lines+1);
		y1 = GetYResistance(Resistance2, Percentage, Lines);
		x = LineArray(x0, y0, x1, y1, 1 );
		Res = LastValue(LinRegSlope(x, Lines+1));
		if(AllOrDownR) ConR = y0 > y1;
		if(Con AND ConR)
			Plot(x, "",  IIf(LastValue(C) < LastValue(x), colorBlue,colorLightBlue), styleLine|styleThick);
	}
str = "\nR Slope=("+Res+"), S Slope=("+Sup+")";
}

if(ShowTDP)
{
	PlotShapes(TD_Supply(H)*shapeSmallCircle, colorRed, 0, H, H*.001);
	PlotShapes(TD_Demand(L)*shapeSmallCircle, colorGreen, 0, L, -L*.001);
}
if(ShowSR)
{
	for(i=1; i<=SRBack; i++)
	{
		x0 = GetXSupport(L, SRPer, i);
		x1 = BarCount-1;
		y0 = GetYSupport(L, SRPer, i);
		x = LineArray(x0, y0, x1, y0, 0);
		Plot(x, "", IIf(LastValue(C) > x, colorDarkGreen, colorDarkRed), styleLine|styleDashed|styleThick);
		x0 = GetXResistance(H, SRPer, i);
		y0 = GetYResistance(H, SRPer, i);
		x = LineArray(x0, y0, x1, y0, 0);
		Plot(x, "", IIf(LastValue(C) > x, colorDarkGreen, colorDarkRed), styleLine|styleDashed|styleThick);

	}
}
Title =FullName()+" ({{NAME}})\n{{DATE}}\n"+"Open: "+O+", Hi: "+H+", Lo: "+L+", Close: "+C+StrFormat(" (%.2f  %.2f\%)", C-Ref(C, -1), SelectedValue(ROC(C, 1)))+str;

_SECTION_END();

_SECTION_BEGIN("lin Reg with channel");
//  Linear Regression Line with 2 Standard Deviation Channels Plotted Above and Below 
//  Written by Patrick Hargus, with critical hints from Marcin Gorzynski, Amibroker.com Technical Support 
//      Designed for use with AB 4.63 beta and above, using drag and drop feature.  
//  Permits plotting a linear regression line of any price field available on the chart for a period determined by the user.  
//     2 Channels, based on a standard deviation each determined by the user, are plotted above and below the linear regression line. 
// 		A look back feature is also provided for examining how the indicator would have appeared on a chart X periods in the past.    


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();

0 comments

Leave Comment

Please login here to leave a comment.

Back