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PureBytes Links
Trading Reference Links
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Do not include the period at end for the website to visit below. It
should just be http://www.fibonacci-retracements.com/m2
--- In amibroker@xxxxxxxxxxxxxxx, "mroman59" <mroman59@xxxx> wrote:
> 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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