Hi
Russ,
I took a
quick look at the alanhull website and at first glance did not see anything
about your indicator. I guess I need to register? Anyways the
indicator looked interesting to me and I thought having the indicator above
the prices would also be beneficial, so I created a channel. For lack
of a better name, I call it a
Hull channel. What?s
interesting about the Hull
channel is that it shows consolidation vs. trending pretty well. The
consolidation areas are bracketed by flat lines where the trending areas the
channel has a slope. The trending part of the channel is actually very
similar to a Keltner channel. Here?s the
Hull channel code if anyone is
interested:
//
//
Hull
Channel
//
periods
= Param("periods",
13,2,100,1);
ATRmult =
Param("ATR
mult",
2.5,1.0,6.0,.25);
LR =
LinearReg(C,periods);
LR_ATRl =
LR - (ATR(periods)*ATRmult);
LR_ATRu =
LR + (ATR(periods)*ATRmult);
HClower
= 0;
// Hull
Channel upper line
HCupper =
0;
// Hull
Channel lower line
for
(i=periods; i<BarCount;
i++) {
if(LR[i] >
HClower[i-1])
{
if(LR_ATRl[i]
> HClower[i-1])
HClower[i] = LR_ATRl[i];
else
HClower[i] = HClower[i-1];
}
else
HClower[i] = LR[i];
if(LR[i] <
HCupper[i-1])
{
if(LR_ATRu[i]
< HCupper[i-1])
HCupper[i] = LR_ATRu[i];
else
HCupper[i] = HCupper[i-1];
}
else
HCupper[i] = LR[i];
}
Plot( HClower,
"HC
lower",
ParamColor("HC
color", colorWhite ), ParamStyle("HC
style")
);
Plot( HCupper,
"HC
upper",
ParamColor("HC
color", colorWhite ), ParamStyle("HC
style")
);
Regards,
David
From:
amibroker@xxxxxxxxxps.com [mailto:amibroker@yahoogroups.com]
On Behalf Of
russ_shor
Sent:
03/01/2007 4:04 AM
To:
amibroker@xxxxxxxxxps.com
Subject: [amibroker] Re: Help re
converting metastock code
Hi
David
thanks for the code. Please check out
www.alanhull.com.au. His online
tutorial is very
interesting.
Kind regards
Russ
--- In amibroker@xxxxxxxxxps.com,
"dbw451" <dbw451@xxx> wrote:
>
> Hi Russ,
>
>
>
> The MetaStock PREV function is a strange function that
represents the
> previous value of the function which contains it. I
chose to write
a loop
> to calculate the indicator values. Your
indicator looks
interesting; what
> is it called and how do you use
it?
>
>
>
> The following code was written for
readability to help explain the PREV
> function, not minimal code
optimization (although the code is fast as
> written):
>
>
>
> // MetaStock Code
>
> //
if(LinearReg(C,13)>PREV,if(LinearReg(C,13)-(ATR(13)*2.5)>PREV,
>
> //
LinearReg(C,13)-(ATR(13)*2.5),PREV),LinearReg(C,13));
>
>
>
> periods = Param("periods",
13,2,100,1);
>
> LR = LinearReg(C,periods);
>
> LR_ATR = LR - (ATR(periods)*2.5);
>
>
>
> MyInd = 0; // Indicator to calculate, MyInd[i-1] = MetaStock
PREV
>
> PREV = 0;
>
>
>
> for
(i=periods; i<BarCount; i++) {
>
> PREV[i] =
MyInd[i-1];
>
> if(LR[i] > PREV[i]) {
>
>
if(LR_ATR[i] > PREV[i])
>
> MyInd[i] = LR_ATR[i];
>
> else
>
> MyInd[i] = PREV[i];
>
>
}
>
> else
>
> MyInd[i] = LR[i];
>
>
}
>
>
>
> Plot( MyInd, "My Indicator",
ParamColor("My Ind color", colorRed ),
> ParamStyle("My Ind
style") );
>
>
>
>
>
>
Regards,
>
>
>
> David
>
>
>
> _____
>
> From: amibroker@xxxxxxxxxps.com
[mailto:amibroker@xxxxxxxxxps.com]
On
Behalf
> Of russ_shor
> Sent: 02/28/2007 7:40 AM
> To: amibroker@xxxxxxxxxps.com
>
Subject: [amibroker] Help re converting metastock code
>
>
>
> Hi re a lower deviation metastock can someone help convert
to
> Amibroker. I use version 4.6
>
> Metastock
code:
>
If(LinearReg(c,13)>PREV,If(LinearReg(C,13)-(ATR(13)*2.5)>PREV,LinearReg(C,13
>
)-(ATR(13)*2.5),PREV,LinearReg(C,13));
>
