[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: Drawing Support and Resistance horizontal lines on intra day chart



PureBytes Links

Trading Reference Links


Try the linearray function:

Plot(LineArray(BarCount-20,resValue,BarCount-
1,ResValue,1),"R",colorGold);


--- In amibroker@xxxxxxxxxxxxxxx, G <share.interest@xxxx> wrote:
>  
> Friends,
> 
>   I have the following requirement.
> 
>   I have support and resistance for nifty index (India) for the 
day. I would like
> to draw these lines in the intra day charts. I would like to know 
how
> to draw it. I tried my hands with the AFL but it in vain. I have
> attached the sample image of what I am trying to achieve. The yellow
> horizontal lines are the support and resistance. I also want them to
> be of different color. Can anybody help me out on how to achieve 
this?
>  
>  Below is the formula that i have used.. 
> DP=(H+L+C)/3;
> 
> R1=(2*DP)-L;
> 
> S1=(2*DP)-H;
> 
> T1=(R1-S1);
> 
> T2=(R1-S1);
> 
> R2=DP+T1;
> 
> S2=DP-T2;
> 
>  
> 
> Plot(C,"Close",colorBlack,styleBar);
> 
> Plot(R1,"Resistance1",colorRed,styleLine);
> 
> Plot(R2,"Resistance2",colorOrange,styleLine);
> 
> Plot(S1,"Support1",colorDarkBlue,styleLine);
> 
> Plot(S2,"Support2",colorGreen,styleLine);
> 
>  
> 
> Plot(DP,"Pivot",colorPink,styleLine);
> 
>  
> 
> Actually what I want is to calculate the support and resistance 
from closing values of the previous day and draw the linear lines on 
the intraday chart... The above draws the graph for each candle of 
the intraday. Also I would like to super impose these lines on the 
inbuilt price charts of AmiBroker. If mail not clear let me know so 
that I will try to rephrase my words.
> 
>  
> 
> Cheers,
> Govind
> 
> 
> 
> 
> 
> 
> 
> 
> ---------------------------------
> Celebrate Yahoo!'s 10th Birthday! 
> Yahoo! Netrospective: 100 Moments of the Web 
> 
> 
> 		
> ---------------------------------
> Do you Yahoo!?
>  Yahoo! Small Business - Try our new resources site!





------------------------ Yahoo! Groups Sponsor --------------------~--> 
Has someone you know been affected by illness or disease?
Network for Good is THE place to support health awareness efforts!
http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/GHeqlB/TM
--------------------------------------------------------------------~-> 

Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to 
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/