Affine Geometry by Viktor Likhovidov for Metastock
In a nutshell, the premise is based on the following recommendation: When you find a good channel on a price chart, don’t forget about it, because the market remembers such channels for a long time. At some point in the future, your chart will likely return to that same channel. But how can you “save” these channels effectively? One simple way is to plot parallel lines, setting the distance between them equal to the width of the channel.
Source: traders.com
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sx:=Input("date of first point [ mmddyyyy ]",1,12350000,1032000);
sxt:=Input("intraday time of first point[ 24 hour - hhmm ]",0,2460,0);
ex:=Input("date of second point [ mmddyyyy ]",1,12350000,1032001);
ext:=Input("intraday time of second point[ 24 hour - hhmm ]",0,2460,0);
prs:=Input("scaling factor for slope calculation",1,100000,1);
ops:=Input("shift value for affine display",0,100000,0);
sdt:= (Month()=Int(sx/1000000)) AND
(DayOfMonth()=Rnd(Frac(Int(sx/10000)/100)*100)) AND
(Year()=Rnd(Frac(sx/10000)*10000)) AND
(Hour()= Int(sxt/100)) AND
(Minute()=Rnd(Frac(sxt/100)*100));
edt:=Month()=Int(ex/1000000) AND
DayOfMonth()=Rnd(Frac(Int(ex/10000)/100)*100) AND
Year()=Rnd(Frac(ex/10000)*10000) AND
(Hour()= Int(ext/100)) AND
(Minute()=Rnd(Frac(ext/100)*100));
rise:=LastValue((ValueWhen(1,edt,C)-ValueWhen(1,sdt,C))*prs);
run:=LastValue(ValueWhen(1,edt,Cum(1))-ValueWhen(1,sdt,Cum(1)));
sl:=rise/run;
tr:=((C-LastValue(ValueWhen(1,sdt,C)))-(Cum(1)-LastValue(ValueWhen(1,sdt
,Cum(1))))*sl);
tr+ops0 comments
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