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3 / 5 (Votes 9)

amibroker, support, resistance

Submitted by vishalsbharati about 13 years ago

Submitted by shyam242 almost 14 years ago

Submitted by yancedolly about 14 years ago

Submitted by dkeleher about 14 years ago

Submitted by kaiji about 15 years ago

Submitted by mediaworks about 14 years ago

Indicator

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_SECTION_BEGIN("Unnamed 7");
//Support and resistance levels using RSI.
//graham Kavanagh May 2003
//Load into Indicator Builder
//Sensitivity of the levels can be changed with the variables
//Can test different numbers live with the Param function ctrl-R with open pane
RSIperiod   = 5;    // Param("RSI p",3,14,30,1);
Percent         = 5;    //  Param("ZIG %",8,9,15,1);
EMAperiod   = 5;    //Param("EMA p",4,5,10,1);
HHVperiod   = 5;    //Param("HHV p",3,5,10,1);
NumLine         = 1;    //Param("Num Lines",3,1,20,1);
 
Base = DEMA(RSI(RSIperiod),EMAperiod);
 
GraphXSpace=0.5;
Plot(C,"",colorBlack,styleCandle);
 
for( i = 1; i <= numline; i++ )
{
ResBase = LastValue(Peak(Base,Percent,i));
SupBase = LastValue(Trough(Base,Percent,i));
Plot(ValueWhen( ResBase==Base, HHV(H,HHVperiod) ), "Resist Level", colorRed, styleLine);
Plot(ValueWhen( supbase==Base, LLV(L,HHVperiod) ), "Support Level", colorGreen, styleLine);
}
Title = Name() + "; " + Date() + ": Support & Resistance Levels using RSI: " + /*EncodeColor(colorGreen)+ "Support Levels are Green; "+EncodeColor(colorRed)+ "Resistance Levels are Red: "+EncodeColor(colorBlack)+*/ "Num lines ="+WriteVal(numline,1) ; 
//  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();

1. drkade

almost 15 years ago

Excellent!
I love it!! This helps a lot.

See
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Automatic Support and Resistance with Channel for Amibroker (AFL)
kaiji
about 15 years ago
Amibroker (AFL)

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