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Not certain exactly what you are wanting, so I will enclose an
example to see if it helps. This is finding the last 260 day high, then the 260
day low prior to that, and plotting these with the 38% retracement from the
high.
L52 = LastValue(
Ref(<FONT
color=#0000ff size=2>LLV(<FONT color=#ff0000
size=2>L,<FONT color=#ff00ff
size=2>260),-H52bar-<FONT color=#ff00ff
size=2>1) );
L52bar = LastValue<FONT
size=2>( BarsSince<FONT
size=2>(L==L52)
);
change = H52-L52;
Retrace38 = H52 - change*<FONT color=#ff00ff
size=2>0.38;
Plot(<FONT color=#ff0000
size=2>C,<FONT color=#8b0000
size=2>"price",<FONT color=#ff0000
size=2>colorBlack,<FONT color=#ff0000
size=2>styleBar);<FONT color=#0000ff
size=2>
Plot(<FONT color=#0000ff
size=2>IIf(<FONT color=#0000ff
size=2>BarIndex()>=(<FONT color=#ff0000
size=2>BarCount-<FONT color=#ff00ff
size=2>1- H52bar), <FONT color=#0000ff
size=2>ValueWhen(<FONT color=#ff0000
size=2>H==H52,<FONT color=#ff0000
size=2>H), <FONT color=#ff0000
size=2>Null), <FONT color=#8b0000
size=2>"H52", <FONT color=#ff0000
size=2>colorRed,<FONT color=#ff0000
size=2>
styleLine);
Plot(<FONT color=#0000ff
size=2>IIf(<FONT color=#0000ff
size=2>BarIndex()>=(<FONT color=#ff0000
size=2>BarCount-<FONT color=#ff00ff
size=2>1- L52bar), <FONT color=#0000ff
size=2>ValueWhen(<FONT color=#ff0000
size=2>L==L52,<FONT color=#ff0000
size=2>L), <FONT color=#ff0000
size=2>Null), <FONT color=#8b0000
size=2>"L52", <FONT color=#ff0000
size=2>colorRed,<FONT color=#ff0000
size=2>
styleLine);
Plot(<FONT color=#0000ff
size=2>IIf(<FONT color=#0000ff
size=2>BarIndex()>=(<FONT color=#ff0000
size=2>BarCount-<FONT color=#ff00ff
size=2>1- H52bar), Retrace38, <FONT
color=#ff0000 size=2>Null), <FONT
color=#8b0000 size=2>"Retr 38%", <FONT
color=#ff0000 size=2>colorGreen,<FONT
color=#ff0000 size=2>
styleLine);
GraphXSpace=<FONT color=#ff00ff
size=2>5;
Cheers,Graham<A
href="">http://www.golala.com/forums/?mforum=asxsharetrading<A
href="">http://groups.msn.com/fmsaustralia-----Original
Message-----From: mroman59 [<A
href="">mailto:mroman59@xxxxxxxxx]Sent:
Saturday, 24 January 2004 8:06 AMTo: amibroker@xxxxxxxxxxxxxxxSubject:
[amibroker] Fibonacci Formulas? Help anyoneDoes anyone have the
formula for determining the price of a stockthat retraces using the popula
fibonacci % lines. I am alittleconfused, when i draw the lines using AB from
lo to hi point itgives me the %lines and a value. However the value does not
seem tocorrelate with the %retracement. For example, when i calculate
the% that a stock has retraced from its 52 week hi the value does
notmatch the with the lines drawn nor does the value 38.2% line
valuecorrelate with actual 38.2% retracment of the stocks value. Now
thatI have you confused and myself can anyone help me? I am trying
tocreate an exploration or indicator that will alert me when a stockin
my watchlist has retraced to one of these values.Thank
YOuMRSend BUG REPORTS to bugs@xxxxxxxxxxxxxSend
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