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Trying to ceate fibonacci time retracements in AB. See explaination
at http://www.fibonacci-retracements.com/m2. I have been somewhat
successful creating these retracement lines for price using the
following code:
//Fibonacci Retracement Lines
H52 = Ref(HHV(H,60),-1);
L52 = Ref(LLV(L,60),-1);
L52bar = LastValue( BarsSince(L==L52));
H52bar=LastValue(BarsSince(H==H52));
change = H52-L52;
Retrace38 = H52 - change*0.382;
Retrace50 = H52 - Change*0.50;
Retrace62 = H52 - Change*0.618;
Retrace100 = H52 - Change*1;
Plot(C,"price",colorBlack,styleCandle);
Plot(IIf(BarIndex()>=(BarCount-1- H52bar), H52, Null), "H52",
colorRed,styleLine);
Plot(IIf(BarIndex()>=(BarCount-1- H52bar), Retrace38, Null), "Retr
38%", colorYellow,styleLine);
Plot(IIf(BarIndex()>=(BarCount-1- H52bar), Retrace50, Null), "Retr
50%", colorBlue,styleLine);
Plot(IIf(BarIndex()>=(BarCount-1- H52bar), Retrace62, Null), "Retr
62%", colorGreen,styleLine);
Plot(IIf(BarIndex()>=(BarCount-1- H52bar), Retrace100, Null), "Retr
100%", colorRed,styleLine);
GraphXSpace=5;
Not sure how to create Time retracements to follow all of the same
rules as price retracements in AB.
Help is appreciated
MR
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