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There are a few indicators which have been posted regarding Pivots. should
be close to the same for swings.
One i have used with good success, is in the AB web site/Indicators called
Gordon Rose. it includes and exploration also.
I have 2 others, which came via email. here is one by Stephane-- i added
the Title.
hth,
ron
HP = HHVBars( High, 10 ) == 0;
LP = LLVBars( Low, 10 ) == 0;
endi = -1;
starti = -1;
dir = 0;
Title= "Pivot, Stephane "+Name()+" "+Date();
for ( i =0 ;i<BarCount ; i++)
{
VH[i]=Hp[i];
VL[i]=Lp[i];
}
for( i = BarCount-1; i >= 0; i-- )
{
if( dir == 1 && VL[i] )
{
// FillLine(ZigHilo,i, Low, endi, endval);
for( j = i; j <= endi; j++ )
{
HiLo[ j ] = Low[i] + ( j - i) * (endval-Low
[i])/( endi -i );
}
endi = i;
endval = Low[ i ];
dir = -1;
}
else if( dir == -1 && VH[i]/*HiV[ i ]*/ )
{
// FillLine(ZigHilo,i, High, endi, endval );
for( j = i; j <= endi; j++ )
{
HiLo[ j ] = High[i] + ( j - i) * (endval-High
[i])/( endi -i );
}
endi = i;
endval= High[ i ];
dir = 1;
}
else if( dir == 0 && endi == -1 && VL[i] )
{
endi = i;
endval = Low[ i ];
dir = -1;
}
else if( dir == 0 && endi == -1 && VH[i])
{
endi = i;
endval = High[ i ];
dir = 1;
}
}
for(i=0; i<BarCount;i++)
{
if(HiLo[i]<=0)
HiLo[i]= Null;
}
Plot(Hilo,"",2,1);
Plot(C,"",1,64);
GraphXSpace=2;
-----Original Message-----
From: traderix2003 [mailto:d.adam@xxxxxxx]
Sent: Thursday, April 08, 2004 2:58 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] indicator for swing trading
I try to develop a very simple swing trading strategy: in an up
trend, buy in a dip (downtrend, sell the rally).
When I get my set up and will buy (or sell), which is the best
indicator that could help as confirmation?
Thxs. Traderix
4
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