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RE: [amibroker] Re: Trading Channel Index by Welles Wilder



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Regards,


Gordon Sutherland

 

-----Original Message-----
From: textual_49 [mailto:das300@xxxxxxxxxxx]
Sent: Wednesday, 23 February 2005 7:45 a.m.
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Trading Channel Index by Welles Wilder

 


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@xxxx]
> 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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