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Hi All,
I coded this 1-Year high/low and 50% retracement formula:
Baseline = IIf(HHV(High,252)>Ref(HHV(High,252),-1),1,IIf(LLV(Low,252)
<Ref(LLV(Low,252),-1),-1,0));
Value = ((HHV(High,252)-LLV(Low,252))/2)+LLV(Low,252);
Plot(Value," 50% Retracement ",5,1+4);/*GREEN*/
Plot(Baseline," Baseline",7,1+4); /* yellow*/
Now, I want to code this Sideways Channels Exploration of Ken Roberts
in AB. I have no idea how to do this.
Periodicity: Daily
FORMULAE:
ColumnA: Top
Mov(Peak(1,H,1),45,S)-Ref(Mov(Peak(1,H,1),45,S),-45)
ColumnB: Bottom
Mov(Trough(1,L,1),45,S)-Ref(Mov(Trough(1,L,1),45,S),-45)
Filter:
ColA < 1 AND ColA > -1 AND ColB < 1 AND ColB > -1
Any AFL Gurus please help.
Pal
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