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I would suggest trying different values for per. I thunk the value
specified could be too big for intraday moves.
e.g. replace line per = 3 with per = Param("Per",3,.5,10,.5);
Which will give you a parameter you can play around with.
--- In amibroker@xxxxxxxxxxxxxxx, "TradersOnline" <tradersonline@xxxx>
wrote:
>
> Hi
>
>
>
> I have been using Historical Trendlines and breakouts indicator on eod
> charts and it works excellent but it is not working on intraday charts.
>
> Can any help me in getting it working on intraday charts.
>
>
>
> Indicator:
>
>
>
> /*HISTORICAL TRENDLINES and BREAKOUTS, by D. Tsokakis, Oct2003*/
>
>
>
> x = Cum(1);
>
>
>
> per = 3;// CALIBRATE THE ZIG() SENSITIVITY
>
>
>
> s1=L;s11=H;
>
>
>
> pS = TroughBars( s1, per, 1 ) == 0;
>
>
>
> endt=SelectedValue(ValueWhen( pS, x ,1));
>
>
>
> startt=SelectedValue(ValueWhen( pS, x ,2));
>
>
>
> dtS =endt-startt;
>
>
>
> endS = SelectedValue((ValueWhen( pS, s1,1) ));
>
>
>
> startS = SelectedValue(( ValueWhen( pS, s1 ,2)));
>
>
>
> aS = (endS-startS)/dtS;bS = endS;
>
>
>
> trendlineS = aS * ( x -endt ) + bS;//SUPPORT LINE
>
>
>
> pR = PeakBars( s11, per, 1 ) == 0;
>
>
>
> endt1= SelectedValue(ValueWhen( pR, x, 1));
>
>
>
> startt1=SelectedValue(ValueWhen( pR, x, 2 ));
>
>
>
> dtR =endt1-startt1;
>
>
>
> endR = SelectedValue(ValueWhen( pR, s11, 1 ) );
>
>
>
> startR = SelectedValue( ValueWhen( pR, s11, 2 ));
>
>
>
> aR = (endR-startR)/dtR;bR = endR;
>
>
>
> trendlineR = aR * ( x -endt1 ) + bR;//RESISTANCE LINE
>
>
>
> first=Min(startt,startt1);Last=Max(endt,endt1);
>
>
>
> d=10;// INCREASE d TO EXTEND THE LINES
>
>
>
> bullishbreakout=x>endt1 AND x<last+d AND Cross(C,trendlineR);
>
>
>
> bearishbreakout=x>endt AND x<last+d AND Cross(trendlineS,C);
>
>
>
> Plot(C,"Close",IIf(bullishbreakout,colorBrightGreen,IIf
>
>
>
> (bearishbreakout,colorRed,colorBlack)),64);
>
>
>
> Plot(IIf(x>=first -d AND x<=Last+d,trendlineS,-
>
>
>
> 1e10),"Support",colorBrightGreen,1);
>
>
>
> Plot(IIf(x>=first-d AND x<=Last+d,trendlineR,-
>
>
>
> 1e10),"Resistance",colorRed,1);
>
>
>
>
>
> Rupesh
>
>
>
>
>
>
>
>
>
>
>
>
> --
> Internal Virus Database is out-of-date.
> Checked by AVG Anti-Virus.
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10/11/2005
>
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