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Swing S/R Levels + Price Overview for Amibroker (AFL)

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Tags:
amibroker

Ideal for swing traders and technical analysts seeking to identify key reversal zones and visualize trend shifts based on price momentum.

Indicator / Formula

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Swing S/R Levels + Price Overview

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_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
 
_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();
 
 
_SECTION_BEGIN("textscs");
SetChartBkColor( ParamColor("Chart Color", colorDefault));
SetChartOptions(0,chartShowArrows|chartShowDates);

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