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[amibroker] Re: Trading Channel Index by Welles Wilder



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HI ,
I have the book by wildes( " new Concepts in ..." ) but i havent seen
this in there ...
Perhaps it comes under a different name or something else ?
What is the source of the coude :-) ?


Regards
Maurice



--- In amibroker@xxxxxxxxxxxxxxx, "Gordon Sutherland" <gosuth@x> wrote:
> Jerry,
> 
>  
> 
> Here is the code for the "Trading Channel Index" (TCI). 'Rem-out'
the last
> Plot statement if you do not like the background pane coloring!
> 
>  
> 
> _SECTION_BEGIN("TCI");
> 
>  
> 
> ChannelPeriods = Param("Channel Periods",10,1,50,1);
> 
> AvgPeriods = Param("Average Periods",21,1,50,1);
> 
> OverBought = Param("Over Bought Line",64,0,100,1);
> 
> OverSold = Param("Over Sold Line",-64,-100,0,1);
> 
> ColTCI = ParamColor("TCI Line Color",colorBrown);
> 
> ColOB  = ParamColor("Over Bought Color",colorRed);
> 
> ColOS  = ParamColor("Over Sold",colorGreen);
> 
> XSpace = Param("GraphXSpace",7,0,20,0.5);
> 
>  
> 
>  
> 
> n1            = ChannelPeriods;                        // Channel
periods
> Default is 10.
> 
> n2            = AvgPeriods;                            // Average
periods
> Default is 21.
> 
>  
> 
> AP            = Avg;                                   //Typical Price
> 
> ESA           = EMA(AP, n1);
> 
> D             = EMA(abs(AP - ESA), n1);
> 
> CI            = (AP - ESA) / (0.015 * D);
> 
> TCI           = EMA(CI, n2);
> 
>  
> 
> Plot(TCI,"TCI",ColTCI,1);
> 
> Plot(OverBought,"OB Line",ColOB,8+16);
> 
> Plot(OverSold,"OS Line",ColOS,8+16);
> 
> Plot(n1,"Channel Periods",colorBlue,styleNoLabel |styleNoRescale |
> styleNoDraw);
> 
> Plot(n2,"Avg Periods",colorBlue,styleNoLabel |styleNoRescale |
styleNoDraw);
> 
>  
> 
> Plot(100,"",9 ,styleOwnScale | styleArea | styleNoLabel,-5,100);     //
> Background pane coloring
> 
>  
> 
> GraphXSpace = XSpace;
> 
> _SECTION_END();
> 
>  
> 
> Regards,
> 
> 
> Gordon Sutherland
> 
>  
> 
> -----Original Message-----
> From: thegress [mailto:pleasenospamplease@x...] 
> Sent: Tuesday, 22 February 2005 6:17 p.m.
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Trading Channel Index by Welles Wilder
> 
>  
> 
> 
> Hi All,
> 
> Does anybody have the AFL for the TCI? The TCI is an adoption for 
> equities of the Welles Wilder Commodity Channel Index. Something 
> about a standard deviation of a simple moving average!
> 
> Thanks in advance,
> 
> Jerry
> Stockton, Ca.
> 
> 
> 
> 
> 
> Check AmiBroker web page at:
> http://www.amibroker.com/
> 
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html 
> 
> 
> 
> 
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