[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: [amibroker] Re: Laptop and Wireless



PureBytes Links

Trading Reference Links

Just change Cum(1)-1 to Cum(1)-2 in these lines:

PlotShapes((Cross(Cum(C<demandLine AND Cum(1)-1>x1),0))
*shapeDownArrow,colorRed,0,H);

PlotShapes((Cross(Cum(C>supplyline AND Cum(1)-1>x3),0))
*shapeUpArrow,colorGreen,0,L);



--- In amibroker@xxxxxxxxxxxxxxx, "marmal417" <marmal@xxxx> wrote:
> Next thing is really to remove up and down arrows from the bar 
after 
> a pivot point. Since a line is only drawn once the pivot point is 
> completed, it can't really be broken during the day immediately 
after 
> a pivot point because the line isn't drawn until after the close 
of 
> that day. Anyway, is there a way to exclude arrows from the day 
after 
> the pivot?
> 
> Another thing Demark writes about is the reliability of lines 
which 
> are penetrated at the close the day after the pivot point. Let's 
take 
> for example a new pivot low being created. Upon completion of this 
> most recent pivot low (higher lows on both sides) you connect the 
> second most recent pivotlow with this newformed one. As it turns 
out, 
> the line that is drawn between the two pivotlows is penetrated by 
the 
> close of the day after the most recent pivotlow, i.e. the last day 
on 
> the chart if a new pivotlow has just been created. In that case, 
says 
> Demark, it raises the question of reliability regarding that 
specific 
> line. 
> To program this I guess you would have to calculate the slope of 
the 
> trendline and add that value to the low of the last pivotlow 
(since 
> the trendline crosses through that point) and check whether or not 
> the close the day after is lower than the value of the line. And 
if 
> it is lower, no line would be drawn.
> Demark writes that a close below the demand line on the day after 
a 
> pivotlow doesn't necessarily invalidate that line, but I think 
it's 
> better to assume that is the case. Because in order for the line 
not 
> to be broken the next day, the stock would have to gap up past the 
> line again and never retrace back to the line during the day.
> 
> Hope you understand me.
> 
> //Martin




Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx 
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
     http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
     amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
     http://docs.yahoo.com/info/terms/