RE: [amibroker] Can amibroker AFL detect support resistance levels ?

["Marek Chlopek" <mchlopek@xxxx>]

> -----Original Message-----
> From: man581@xxxx [mailto:man581@x...]
> Sent: Saturday, November 17, 2001 6:06 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Can amibroker AFL detect support resistance levels ?
>
>
> Hi,
> i'd like to know if its possible for Amibroker AFL to detect
> support / resistance levels lines with these parameters:
>
> -During the last 30 (variable) days
> -Find two points where the stock did rebound / pulled back
> -These two points should forme a line no more steeper than -1° /
> +1°
> angle (variable) or, in other words, the two points of the support /
> resistance line should not be farther from each other than 0.15 $
> (variuable).

Hi,
That's me ones again.

Please see my message and all answers:
http://groups.yahoo.com/group/amibroker/message/6362

Trendline detector provided by Dimitris gives you what is needed.
Having "a" and "b" you can examine -1° / +1° angle and how far the line is from current bar.

Regards,
Marek