[amibroker] Trend definition code - forward looking

["chetan_gariki" <chetan.gariki@xxxxxxxxx>]

Hello All,

here is some code taken from somewhere on the forum; the code is 
excellent in its definition of trend; but unfortunately i think it 
depends on future info due to the use of Zig-Zag function within most 
of the functions used in the code. is there any way around it? i mean 
anyway to have a similarly well defined function for classic trend 
without the disadvantage of being forward looking. perhaps that is 
not possible? 


_SECTION_BEGIN("_HH_LL_Trendbars");
percent = Param("Percent move", 1, 0.5, 10, 0.5);
marg = Param("Threshold % Margin", 1, 0, 3, 0.1);
lastTrough1 = Trough(C, percent, 1);
lastPeak1   = Peak(C, percent, 1);
barsSinceTrough1 = TroughBars(C, percent, 1);
barsSincePeak1  = PeakBars(C, percent, 1);


Color[0] = colorLightGrey;

for(i = 1; i < BarCount; i++)
{

	 if(barsSinceTrough1[i] > barsSincePeak1[i])  // breakdown
	 {
		 if(C[i] < (1 - marg/100)*lastTrough1[i])
			 color[i] = colorRed;
		 else
			 color[i] = color[i-1];
	 }


	 if(barsSinceTrough1[i] < barsSincePeak1[i])  // breakout
	 {
		 if(C[i] > (1 + marg/100)*lastPeak1[i])
			 color[i] = colorBlue;
		 else
			 color[i] = color[i-1];
	 }

}


Plot(C, Name(), color, styleBar);
_SECTION_END();


if not,  then what is the closest thing to a definition of trend? i 
have experimented with a number of things and am currently using 
Heikin-Ashi as my trend indicatorn; its all right but not great (a 
little better than MA croosovers).

thanks
gariki



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