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Here is AFL for drawing Murrey Math Lines
Let`s play with parameters.
Enjoy,
Jacek
/*******************************************/
// Murrey Math Lines (Horizontal)
// translated to AB from Metastock formula,
// created by member of murreymath egroup
GraphXSpace=1;
MaxGraph=16;
Period=Param("MM Period", 55, 4,256,1) ;
Graph1Color=6; Graph2Color=7;
Graph3Color=4; Graph4Color=5;
Graph5Color=6; Graph6Color=5;
Graph7Color=4; Graph8Color=7;
Graph9Color=6; Graph10Color=4;
Graph11Color=5;
Graph0=Close; Graph0Color=1; Graph0Style=64;
Graph1Style=1; Graph2Style=1;
Graph3Style=1; Graph4Style=1;
Graph5Style=1; Graph6Style=1;
Graph7Style=1; Graph8Style=1;
Graph9Style=1; Graph10Style=1;
Graph11Style=4;
SqW=Period;
T0=LastValue(Cum(1));
Sqrs=int((LastValue(Cum(1))-T0)/SqW)-1;
S0=T0+(Sqrs*SqW);
Lo=LastValue(ValueWhen(Cross(Cum(1),S0+SqW-1),
LLV(Min(H,L),SqW),1));
Hi=LastValue(ValueWhen(Cross(Cum(1),S0+SqW-1),
HHV(Max(H,L),SqW),1));
Sf=IIf(Hi>25,IIf(log(0.4*Hi)/log(10)-int(log(0.4*Hi)/log(10))>0,
exp( log(10)*(int( log(0.4*Hi)/log(10) )+1) ),
exp(log(10)*(int(log(0.4*Hi)/log(10))))),
100*exp(log(8)*(int(log(0.005*Hi)/log(8)) ) ));
N=IIf(log(Sf/(Hi-Lo))/log(8)<=0,0,
IIf(frac(log(Sf/(Hi-Lo))/log(8))==0,
int(log(Sf/(Hi-Lo))/log(8) ),
int( log(Sf/(Hi-Lo))/log(8) )+1) );
Si=Sf*exp(-N*log(8));
M=int(((1/log(2))*log((Hi-Lo)/Si))+.00001);
I=round(((Hi+Lo)*.5)/(Si*exp((M-1)*log(2))));
B=(I-1)*Si*exp((M-1)*log(2));
TT=(I+1)*Si*exp((M-1)*log(2));
Er=IIf(Hi-TT>0.25*(TT-B) OR
B-Lo>0.25*(TT-B),1,0);
MM=IIf(Er=0,M,IIf(Er=1 AND M<2,M+1,0));
NN=IIf(Er=0,N,IIf(Er=1 AND M<2,N,N-1));
Si=Sf*exp(-NN*log(8));
I=round(((Hi+Lo)*.5)/
(Si*exp((MM-1)*log(2))));
B=ValueWhen(Cum(1)>=S0,
(I-1)*Si*exp((MM-1)*log(2)),1);
TT=ValueWhen(Cum(1)>=S0,
(I+1)*Si*exp((MM-1)*log(2)),1);
Graph1=B;
Graph2=ValueWhen(Cum(1)>=S0,
B+(0.125*(TT-B)),1);
Graph3=ValueWhen(Cum(1)>=S0,
B+(2.0*(0.125*(TT-B))),1);
Graph4=ValueWhen(Cum(1)>=S0,
B+(3.0*(0.125*(TT-B))),1);
Graph5=ValueWhen(Cum(1)>=S0,
B+(4.0*(0.125*(TT-B))),1);
Graph6=ValueWhen(Cum(1)>=S0,
B+(5.0*(0.125*(TT-B))));
Graph7=ValueWhen(Cum(1)>=S0,
B+(6.0*(0.125*(TT-B))));
Graph8=ValueWhen(Cum(1)>=S0,
B+(7.0*(0.125*(TT-B))));
Graph9=TT;
ml= (round( 8*( C - B ) / (TT-B) ) );
MM_buy=ml<2; MM_Sell=ml>6;
Title = FullName()+ "\\c21 ="+ WriteVal( C )
+ WriteIf( IsEmpty( ml),"", WriteVal( ml )+ "/8")+"\\c19"+" _ " + Date
()+"\\c27"+WriteIf( ml<2," Buy?","") + "\\c32"+WriteIf( ml>6,"
Sell?","") ;
/**********************************/
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