RE: [amibroker] barvisible and lowest low ?

["Anthony Faragasso" <ajf1111@xxxxxxxx>]

Jayson,
 
I did try it..but it always returned a value of 100 for lowest low....never
the lowest low of the bars visible....you might want to check your formula
you posted earlier...try adding this at the end :
Title="minr ="+WriteVal(Minr,1.2);
Also, in your formula you are using the Close to make the calculations...Not
really Tirone Levels as per the Description...is this your personal choice ?
 
To explain this:
"I found this in Tomasz's example of the FibRSI and used it in the Tirone
levels I posted earlier. It made no sense to me either "
 
The RSI is bounded by 0 and 100...that is why Tomasz ( I Believe ) used
those values....Now, when dealing with Stocks...etc...they need to be
bounded by some higher value ( example..the DJI was close to 12,000 at one
time)...So, we need to bound the tickers...in my formula I am using 0 and 12
000..
 
Does this help explain.....
 
 
Anyway, I found what works and after reading the description given for
Tirone Levels at the following link:
http://www.marketscreen.com/help/atoz/default.asp?Num=103
 
I believe the calculation for Tirone Levels ( MidPoint Method ) is as
follows:
 
 // Tirone Levels adjusted to visable bars 
//MidPoint Method
barvisible= Status("barvisible");
maxh = LastValue(Highest(IIf(barvisible ,H,0))); 
minl = LastValue(Lowest (IIf(barvisible ,L,12000)));
ranr = maxh - minl;
Plot( C, "", colorBlack,styleCandle );
Plot( maxh-(ranr/3) , "Top", colorGrey50 );
Plot( minl+ (ranr/2), "Mid", colorPaleGreen );
Plot( minl+(ranr/3) , "Bott", colorPaleBlue );
PlotGrid(Maxh,colorYellow);
PlotGrid( minl ,colorYellow );
GraphXSpace = 3;
Title=Name()+" - "+"Tirone Levels ( MidPoint Method )" +"-- Top = 
+WriteVal(maxh-(ranr/3),1.2)+"-- MidPoint = "+WriteVal(minl+ (ranr/2),1.2)+"
--Bot = "+WriteVal(minl+(ranr/3),1.2);
 
Anthony
-------Original Message-------
 
From: amibroker@xxxxxxxxxxxxxxx
Date: Monday, March 10, 2003 00:25:26
To: amibroker@xxxxxxxxxxxxxxx
Subject: RE: [amibroker] barvisible and lowest low ?
 
Anthony,
 
I am not sure but it seems to work  :)
 
I found this in Tomasz's example of the FibRSI and used it in the Tirone
levels I posted earlier. It made no sense to me either but then Highest and
Lowest, by definition in the help files, should return the highest value
over the entire chart yet when used in this code it only reflects the bars
visible..Try it, It works.... Perhaps TJ can answer why
 
Jayson 
 
 

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