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Using the
example
High High =
$1.00
this price will be marked
as a peak if the subsequent high price breaks below $0.90.
If it goes higher instead
then that new higher high becomes the base for subsequent peak
calculation
Best way would be for you
to plot the zig function as this demonstrates both Peak and
trough
<FONT
face=Arial>Plot(C,"",colorblack,styleline);
<FONT
face=Arial>plot(zig(c,10),"",colorred,styleline);
Cheers,Graham<A
href="">http://e-wire.net.au/~eb_kavan/
<FONT
face=Tahoma size=2>-----Original Message-----From: mrdavis9
[mailto:mrdavis9@xxxxxxxxxx] Sent: Thursday, 26 February 2004 9:53
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker]
How to use Peak(array,change,n)
Thanks, Graham. In your example below, you say that a
new PEAK will form after the High price is 10% lower than the most
recent highest high. lets assume that the current high is 100,
then this Peakfunction will find the most recent time that the High was
>=$111.11. You say that a new peak will form after the High
price is 10% lower than the most recent high. Most likely, this latest
bar will not be a new peak high level of the high, so I am wondering why it is
referred to as a new peak.
have no idea what this newly found 10% lower bar
should be called, but to me, calling it a new peak is misleading. To me,
a little more accurate name for this function would be
Drop(array,change,1).
I probably still fail to understand how this works, but
these are my comments based on my current understanding of what Peak
does. Thanks again for the explanation. Ron D
<FONT
face="Times New Roman">
----- Original Message -----
<BLOCKQUOTE dir=ltr
>
<DIV
>From:
<A title=gkavanagh@xxxxxxxxxxxxx
href="">Graham
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, February 25, 2004 6:20
PM
Subject: RE: [amibroker] How to use
Peak(array,change,n)
The change is the
percent change. A new peak is formed only after the relevant array price has
moved by the % amount
eg if you are using
Peak(H,10,1) then a new peak will form after the High price is 10% lower
than the most recent highest high
hope this
helps
Cheers,Graham<A
href="">http://e-wire.net.au/~eb_kavan/
<FONT
face=Tahoma size=2>-----Original Message-----From: mrdavis9
[mailto:mrdavis9@xxxxxxxxxx] Sent: Thursday, 26 February 2004
8:15 AMTo: amibrokeryahoogroupsSubject: [amibroker]
How to use Peak(array,change,n)
I saw Graham's post with the definition of
Peak. This prompted me check it out. I ran the
example in the user manual and I had the timespan set FROM
1/27/1995 and TO 1/27/2004. When I clicked on SHOW CURRENT , there
was a buy arrow at 2/1/2000 and the close price was $71.00. This
compares to the close price of $33.91 on 1/27/04. I am
unable to understand what CHANGE means
in Peak(array,CHANGE,1).
I would appreciate it if someone could help me
understand what CHANGE means, and show some examples of how you are
currently using this Peak function. Ron D
Here is what I ran>>>
Buy=MA<FONT
size=4>(V,50<FONT
size=4>)>1000000
AND C<150<FONT
size=4> AND Peak<FONT
size=4>(C,5<FONT
size=4>,1<FONT
size=4>);
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