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RE: [amibroker] Support-Resistance indicator



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WH=HHV(High,5);

WL=LLV(Low,5);

WBP=(HHV(High,5)+LLV(Low,5)+Close)/3;

 

RBAND=ValueWhen(Cross(MA(WBP,25),WBP),HHV(WH,25));

 

 

SBAND=ValueWhen(Cross(WBP,MA(WBP,25)),LLV(WL,25));

MSWNG=(RBAND+SBAND)/2;

 

Plot(rband,"rband",colorGreen,styleLine);

Plot(sband,"sband",colorRed,styleLine);

Plot(mswng,"mswng",colorBlue,styleLine+styleDashed);

 

Plot(C,"",colorBlack,styleCandle);

 


From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of pilpilonim
Sent: Saturday, April 08, 2006 9:00 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Support-Resistance indicator

 

Hi ,
I am using nice support resistance indicator in VT and wondering if
someone has it in AFL or can translate it.

Thanks

-------------------------------------------------------
WH:=HHV(HIGH,5);
WL:=LLV(LOW,5);
WBP:=(HHV(HIGH,5)+LLV(LOW,5)+CLOSE)/3;

RBAND:=VALUEWHEN(1,CROSS(MOV(WBP,25,S),WBP),
HHV(WH,25));


SBAND:=VALUEWHEN(1,CROSS(WBP,MOV(WBP,25,S)),
LLV(WL,25));
MSWNG:=(RBAND+SBAND)/2;

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