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MR,
I am not sure what you are asking about when you say "eliminate
previous days s & P". But you asked about creating single horizontal
lines based on the previous days data. Does this help you?
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//Support AND Resistance Lines Formula
TimeFrameSet( inDaily );
PP = Ref(((H + L + C)/3),-1);
Range = Ref((H-L),-1);
R1 = PP + (PP-Ref(L,-1));
R2 = PP + Range;
R3 = R1 + Range;
R4 = R2 + Range;
S1 = PP - (Ref(H,-1)-PP);
S2 = PP - Range;
S3 = S1 - Range;
S4 = S2 - Range;
TimeFrameRestore();
DailyPP=TimeFrameExpand(PP,inDaily);
DailyRange=TimeFrameExpand(Range,inDaily);
DailyS1=TimeFrameExpand(S1,inDaily);
DailyS2=TimeFrameExpand(S2,inDaily);
DailyS3=TimeFrameExpand(S3,inDaily);
DailyS4=TimeFrameExpand(S4,inDaily);
DailyR1=TimeFrameExpand(R1,inDaily);
DailyR2=TimeFrameExpand(R2,inDaily);
DailyR3=TimeFrameExpand(R3,inDaily);
DailyR4=TimeFrameExpand(R4,inDaily);
Plot(C, "Close", 1, 64);
Plot(DailyPP,"Pivot PP",1,1,1.4);
Plot(DailyS1,"Pivot S1",2,1,1.4);
Plot(DailyR1,"Pivot R1",3,1,1.4);
Plot(DailyS2,"Pivot S2",4,1,1.4);
Plot(DailyR2,"Pivot R2",5,1,1.4);
Plot(DailyS3,"Pivot S3",6,1,1.4);
Plot(DailyR3,"Pivot R3",7,1,1.4);
Plot(DailyS4,"Pivot S4",8,1,1.4);
Plot(DailyR4,"Pivot R4",9,1,1.4);
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John
--- In amibroker@xxxxxxxxxxxxxxx, "mroman59" <mroman59@xxxx> wrote:
> The followig code is for support and resistance and I use on a
daily
> realtime chart. This takes into account previous days quote data.
> This is not intraday support and resistance. However, I can not
> create single horizontal lines that are for only for the previous
> day. This formula posts a continuous line for each day that I do
not
> want to show up on my chart. I just want to creat a single
> horizontal line for each area and eliminate previous days s & P.
> Basically I want to create a better looking chart.
>
> Thank You
> MR
>
> //Support AND Resistance Lines Formula
>
> PP = Ref(((H + L + C)/3),-1);
> Range = Ref((H-L),-1);
> R1 = PP + (PP-Ref(L,-1));
> R2 = PP + Range;
> R3 = R1 + Range;
> R4 = R2 + Range;
> S1 = PP - (Ref(H,-1)-PP);
> S2 = PP - Range;
> S3 = S1 - Range;
> S4 = S2 - Range;
>
> Plot(C, "Close", 5, styleCandle);
> Plot(PP,"Pivot",1,styleLine);
> Plot(S1,"Pivot",2,styleLine);
> Plot(R1,"Pivot",3,styleLine);
> Plot(S2,"Pivot",2,styleLine);
> Plot(R2,"Pivot",3,styleLine);
> Plot(S3,"Pivot",2,styleLine);
> Plot(R3,"Pivot",3,styleLine);
> Plot(S4,"Pivot",2,styleLine);
> Plot(R4,"Pivot",3,styleLine);
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