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It plots support-resistance lines.
Thanks.
--- In amibroker@xxxxxxxxxxxxxxx, "Terry" <MagicTH@xxx> wrote:
>
> /*************************************************/
> 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),1);
>
> SBAND = ValueWhen(Cross(WBP,MA(WBP,25)),LLV(WL,25),1);
>
> MSWNG = (RBAND+SBAND)/2;
> /******************************************************/
>
> What does it do? You'd better check the results too.
> --
> Terry
>
> -----Original Message-----
> From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
On
> Behalf Of pilpelia
> Sent: Saturday, June 10, 2006 13:35
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Simple but
>
> powerful.
>
> Does some one have the below version in AFL ?
>
> *************************************************
> 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;
> ******************************************************
>
>
>
>
>
>
>
>
> Please note that this group is for discussion between users only.
>
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>
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> http://www.amibroker.com/support.html
>
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