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You could do similar with the timeas you would with price.
Work the bar numbers at the peak/trough and measure out the ratio of this
number of bars into the future
Eg (this is not tested, just typed in here as example)
Barchange = valuewhen(H==H52, barindex()) - valuewhen(L==L52, barindex());
Bar100 = valuewhen(H==H52, barindex()) + Barchange ;
Bar123 = valuewhen(H==H52, barindex()) + Barchange*1.23 ;
Plot( iif(barindex()==Bar100, 1,null), colorblack,
styleline+styleleftaxisscale);
Cheers,
Graham
http://www.golala.com/forums/?mforum=asxsharetrading
http://groups.msn.com/fmsaustralia
-----Original Message-----
From: mroman59 [mailto:mroman59@xxxxxxxxx]
Sent: Sunday, 8 February 2004 6:53 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Fibonacci Time Retracements - Help please
-correction
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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