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Thanks Sebastian ... could you explain in plain English (briefly) what
this is looking for ??. I would add something like "Volume > Ref( Volume
* 1.25, -1 )" to check for Volume but I'm not sure why you say it would
only be needed on Cond1.
Richard.
sebastiandanconia wrote:
>Here's a simple Turtle-style breakout indicator that will display as
>arrows on a price chart. That should get you started.
>
>Defining your volume criteria and adding it to Cond1 will be good
>practice for you.:) S.
>
>
>Upds = Param("Uperiods", 20, 6, 252, 1);
>Dpds= Param("Dperiods", 20, 6, 252, 1);
>
>Cond1=C>HHV(Ref(C,-1),Upds);
>Cond2=C<LLV(Ref(C,-1),Dpds);
>
>Cond3=Flip(Cond1,Cond2);
>
>Buy= Cond3 AND Ref(Cond3,-1)==0;
>Sell = Cond3==0 AND Ref(Cond3,-1);
>
>shape=Buy*shapeUpArrow+Sell*shapeDownArrow;
>
>PlotShapes(shape,IIf(Buy, colorGreen, colorRed),0,IIf(Buy, Low,High));
>
>
>--- In amibroker@xxxxxxxxxxxxxxx, "Richard Jay" <lists@xxx> wrote:
>
>
>>I was browsing the AFL library trying to find something that will
>>highlight a breakout but couldn't find anything. Is this too vague a
>>request to be able to code ? All I'm thinking of is a candle that is
>>expanding rapidly beyond the trading range of the last xx bars AND a
>>volume bar xx% higher than the last xx bars. Has nobody coded this
>>before ?
>>
>>P.S Sorry if I'm posting too many messages but I have lots of
>>questions about AB :)
>>
>>
>>
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