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Hello Ken,
yes, at present I'm using 2.5 for "change". Optimization doesn't
supply affordable indications, in this case, therefore I made a
choice looking at a lot of charts.
My purpose, however, is to use peaks and troughs as support or
resistance alternatively, depending on last closing price, as I
explained (and showed) to Tomasz in my previous message (14877).
Unfortunately, I still haven't able to find a good solution. Let's
hope in T.J..
Thanks for your appreciation and best regards
Franco
--- In amibroker@xxxx, "Ken Close" <closeks@xxxx> wrote:
> Franco:
>
>
> What a clever set of indicator lines!! Nice idea.
>
> I modified the code as follows:
>
> Chg = 5;
> res = Ref(Peak(H, Chg, 1), -1);
> sup = Ref(Trough(L, Chg, 1), -1);
> Plot(res,"res",6,1);
> Plot(sup,"sup",4,1);
>
> What is the change percent (Chg) that you think is "best"?? I see
you used
> 2.5.
>
> Ken
>
> -----Original Message-----
> From: franco fornari [mailto:ffpsi@x...]
> Sent: Friday, April 19, 2002 9:33 AM
> To: amibroker@xxxx
> Subject: [amibroker] Peaks and Troughs detection
>
>
> Tomasz,
>
> look, please, at the attached chart. You will see two
> lines wich represent resistance and support
> respectively. They are obtained by the formulas:
>
> res = ref(Peak(H, 2.5, 1), -1);
> sup = ref(Trough(L, 2.5, 1), -1);
>
> My purpose is to use them depending on level of the
> last closing price. Since a support, once broken,
> became a resistance and vice versa, I need a formula
> wich is able to find the lowest (and nearest) peak or
> trough, but higher than the last closing price.
> On the attached chart, the nearest resistance is,
> actually, as you can see, an old support previously
> broken (yellow line).
> All that is for long trades, the opposite for short,
> obviously.
> Hoping to have been more clear,
>
> best regards and thanks in advance
>
> Franco
>
>
______________________________________________________________________
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