RE: [amibroker] HELP IN WRITING REVERSAL FORMULA

["Thomas Z." <tzg@xxxxxxxxxxxxxxxxxxx>]

Hi,

This one will do the job:

Buy = Low==LLV(L,6) AND Close > Ref(Close,-1);
Sell = High == HHV(H,6) AND Close < Ref(Close,-1);
Plot(C,"C",colorLightBlue,styleBar);
PlotShapes(Buy*shapeUpArrow,colorGreen,0,L,-12);
PlotShapes(Sell*shapeDownArrow,colorRed,0,H,-12);

Thomas
www.patternexplorer.com


From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
Of mravie7
Sent: Wednesday, March 07, 2007 7:36 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] HELP IN WRITING REVERSAL FORMULA

Hi,

Can someone help in writing a formula for 'Key Reversals', where

BUY - WHEN THE LOW OF THE CURRENT BAR IS LOWER THAN THE PREVIOUS 6 - 10 
BARS, AND CLOSE OF THIS CURRENT BAR IS ABOVE THE CLOSE OF THE BAR 
BEFORE THIS ONE.

SELL - WHEN THE HIGH OF THE CURRENT BAR IS HIGHER THAN THE PREVIOUS 6 - 
10 BARS, AND THE CLOSE IS BELOW THE CLOSE OF THE THE BAR PREVIOUS TO 
THIS ONE.

BUY AND SELL ARROWS - GREEN AND RED IN COLOUR

THIS IS THE BEST I COULD DO TO DESCRIBE. YOU MAY CHANGE OR ADD ANY 
PARAMETERES YOU FEEL IS GOOD.
MANY THANKS
RAVI
 



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