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hi friends I recently come to know abt a phenomenon called ''WOLF-WAVE'
I get its Metastock code also.But don't know how to use this in AmiBroker.
I am posting the code here--
WOLF WAVE
ColA: WW
Pa:=Trough(4,LOW,5);
Pb:=Peak(3,HIGH,5);
P1:=Trough(3,LOW,5);
P2:=Peak(2,HIGH,5);
P3:=Trough(2,LOW,5);
P4:=Peak(1,HIGH,5);
P5:=Trough(1,LOW,5);
tb:=TroughBars(1,LOW,5);
tb<=4 AND
p1 > pa AND
pb < p2 AND
p1 < p2 AND
p1 < p4 AND
p1 > p3 AND
p3 > p5 AND
p4 < p2 AND
ColB: Tangents
p1:=Trough(3,LOW,5);
p3:=Trough(2,LOW,5);
p5:=Trough(1,LOW,5);
o1:=p1-p3;
o2:=p1-p5;
a1:=TroughBars(3,LOW,5)-TroughBars(2,LOW,5);
a2:=TroughBars(3,LOW,5)-TroughBars(1,LOW,5);
tan1:=o1/a1;
tan2:=o2/a2;
Abs(tan1-tan2)
Filter:
colA AND colB <= .2
If some one convert this in AmiBroker afl then I am very thankul to him.
those who have Metastock plz use this. Because i come to know tht this
is very precise abt giving timely warning of Market Crash.
and If possible then convert it into afl also.
thanks in advance
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