Re: [amibroker] Fibonacci Cluster Calculations?

[Natasha !! <dynomitedoll_ddd@xxxxxxxxx>]

  Hi,

     What is a 3 bar + pull back and direction?:

 

Here is your trendline:

   

   +++++++++++  

x = Cum(1);per = 5;s1=L;s11=H;

pS = TroughBars( s1, per, 1 ) == 0;

endt= LastValue(ValueWhen( pS, x, 1 ));

startt=LastValue(ValueWhen( pS, x, 2 ));

dtS =endt-startt;

endS = LastValue(ValueWhen( pS, s1, 1 ) );

startS = LastValue( ValueWhen( pS, s1, 2 ));

aS = (endS-startS)/dtS;bS = endS;

trendlineS = aS * ( x -endt ) + bS;

SU = IIf(x>startt-1,trendlineS,-1e10);

Plot(SU,"\nSU",colorYellow,styleThick);

Plot(C,"close",colorBlack,64);

        +++++++++++++

Explain in detail what u want and i will give it a go today being Sunday.

 

--- N !!  

   
Jerry Gress <pleasenospamplease@xxxxxxxxxxx> wrote:

Hi All,

Does anybody have any direction to automatically draw Fibonacci cluster
levels? In a nut shell take a trend (any time frame) draw a trend line then
calculate possible support/resistance based on 3 + bar pull backs in said
trend line using fib numbers!! Not your standard Fib drawing tool. Then AB
would draw those lines.

Jerry Gress
Stockton, Ca.

Warm regards,
Natasha !

 

 

 

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