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[amibroker] Re: Trade the Markets Squeeze Indicator in AB



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Jerry,

Send the tradestation code and I'll take a look...

walt

--- In amibroker@xxxxxxxxxxxxxxx, "Jerry Gress" 
<pleasenospamplease@xxxx> wrote:
> Trying to use the squeeze indicator that Trade the Markets uses, 
and have
> publicly stated the rules for either in print or on the CBOT 
Webairs. I
> would very much like to be able to use it in AB, but of course is 
written
> for TradeStation. The Squeeze Indicator  is plotting the Bollinger 
band on
> top of a Keltner band (using standard settings on each) in ribbon 
format.
> Under 4.70rc2; help; ribbon;  one gets: 
> 
> New parameters make it also easy to plot ribbons, for example: 
> 
> Plot( Close, "Price", colorBlue, styleCandle );
> Plot( 2, /* defines the height of the ribbon in percent of pane 
width */
> "Ribbon",
> IIf( up, colorGreen, IIf( down, colorRed, 0 )), /* choose color */
> styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
> 
> I am aware of the wrap problems. But when trying this I get syntax 
error of:
> "Variable 'up' used without having been initialized." And thus 
being very
> limited have no clue what to do with the above let alone doing the
> following. 
> 
> Squeeze Indicator =  when the B Bands are inside the Keltner it is 
a red dot
> and when the B Bands move outside of a Keltner Band the dots change 
to green
> and stay that color until inside again. Hopefully all in a straight 
line
> (ribbon). Theory being "These quiet periods are identified when the
> Bollinger Bands narrow in width to the point at which they are 
trading
> inside the Keltner channels." Then break out.
> 
> Any Help would be greatly appreciated.
> 
> Ref: SFO Magazine March page 52. Also
> http://www.tradethemarkets.com/index.php?s=1111252419-283267651
> <http://www.tradethemarkets.com/index.php?s=1111252419-
283267651&url_channel
> _id=281&url_article_id=1475&change_well_id=2&reset=Y>
> &url_channel_id=281&url_article_id=1475&change_well_id=2&reset=Y    
has a
> picture under Squeeze Indicator or
> http://tradethemarkets.com/video/squeeze.html  for a video or 
attached jpg
> from Friday's chat room charts (ribbon at bottom in blue/red 
actually dots).
> 
> Jerry Gress
> 
> Stockton, Ca.





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