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--- In amibroker@xxxxxxxxxxxxxxx, "brian_z111" <brian_z111@xxx> wrote:
>
> --- In amibroker@xxxxxxxxxxxxxxx, ricko@ wrote:
> >
> > Brian
> > Thanks for you interest in this.
> > Your indicator is not quite what I had in mind.
> >
>
> That's alright - it was just a starting point.
>
> The hard part with working with someone else is understanding the
> idea behind what they want to do - implementing it shouldn't be too
> hard.
>
> > Rather than bands, I was looking for one trend line that plotted
> below the bars while in an uptrend, (x% below the Highest close of
> the lookback period - the period increases each bar until the
cross)
> and when the bars crossed the trend line at the start of a
downtrend,
> it would jump up and plot above the bars (again, x% above the
lowest
> close).
> >
> > There is a website at
> > http://konkop.narod.ru/Files/4_24_28.pdf
> > which is all in Russian (which I don't understand) but there is a
> picture on page 2 . It is the red line that I mean.
> >
> > Also, QuoteTracker has the "Percentage Trend Indicator" which can
> be applied to charts. This is what I am after.
>
> I can't get much from the Russian site.
> Their line doesn't appear to support the 'trend' as you are
> suggesting - their plot looks more like a zig-zag indicator as
> the 'trend' lines are cutting the bars.
>
> I'll do a bit more with it over the next few days and add to the
> existing Hi/Lo indicator post - sorry but I doubt if I can achieve
> exactly what you want without more information.
Rick,
I have finished the example at the UKB >> Rick Osborn's Indicator
http://www.amibroker.org/userkb/category/uncategorized/
I haven't scrubbed it up - I left the messy code behind.
It does what you asked for but I won't be surprized if you don't
think it does.
You didn't define what your trend is so I assumed you meant when a
new Hi is first made = start of uptrend and when a new Lo is made ==
start of downtrend but you can change the trend to anything you want.
Also I think you misunderstood that in step one the HHV and the LLV
(as plotted) do auto reset the periods to zero (in effect) when a new
Hi or Lo is made - for HHV or LLV the periods is, in practice, the
same thing as max periods.
Probably I won't do anymore with it except tidy up the bits that are
of general interest and add them to the existing Hi/Lo post (I'll
delete your temporary after a few days unless you particularly want
me to scrub it up and leave it there as is).
Good luck with the indicator and AB - I find your indicator is more
interesting without the buy arrows where you want them.
It is often the way that as a project progresses you find something
unexpected in it or that your first idea doesn't turn out to be the
best version (the closes crosses you want have a lot of whipsaw in
them).
brian_z
>
> I don't mind trying to help.
> I learn things and it makes an interesting post for the UKB.
>
> Cheers,
>
> brian_z
>
>
> > ----- Original Message ----
> > From: brian_z111 <brian_z111@>
> > To: amibroker@xxxxxxxxxxxxxxx
> > Sent: Tuesday, November 20, 2007 8:48:04 AM
> > Subject: [amibroker] Re: Struggling to Learn
> >
> > Rick,
> >
> > I made a start with your indicator (you have your own personal
page
> > at the UKB - one of the perks of being an author is free space -
> > thanks Tomasz).
> >
> > If you can tell me, in reference to the drawing what is the first
> buy
> > and sell signal you want on that chart (the signal line isnt a
> > problem I will just move it down whatever percent you want ).
> >
> > Look for Rick Osborne's Indicator at
> >
> > http://www.amibroke r.org/userkb/ category/ uncategorized/
> >
> > brian_z
> >
> > --- In amibroker@xxxxxxxxx ps.com, ricko@ wrote:
> > >
> > > Yes, except that at point 3 the close would cross below the
line
> > (trend) and a sell signal would occur.
> > > I also want to plot the line (trend).
> > >
> > > GP - you mentioned that "values Uptrend, Downtrend, Crossup,
> > Crossdown, HV, and LV
> > > are all generated using only the initial values of Trend and
> > Period.".
> > >
> > > But I thought defining them before the loop created arrays that
> > could then be accessed in the loop.
> > >
> > >
> > > Rick Osborn
> > >
> > >
> > >
> > > ----- Original Message ----
> > > From: brian_z111 <brian_z111@ ...>
> > > To: amibroker@xxxxxxxxx ps.com
> > > Sent: Tuesday, November 20, 2007 4:49:10 AM
> > > Subject: [amibroker] Re: Struggling to Learn
> > >
> > > --- In amibroker@xxxxxxxxx ps.com, "ricko8294_98" <ricko@>
wrote:
> > > >
> > > > Hello
> > > >
> > > > I am trying to learn AB and loops in particular. There seems
to
> > be
> > > > something I'm not getting - and I have been playing with this
> for
> > the
> > > > past several weeks.
> > > >
> > > > I want to create a trend indicator that will track below an
> > uptrend
> > > > (x% below the highest high of the most recent "y" period) or
> > track
> > > > above a downtrend(x% above the lowest low of the most
> recent "y"
> > > > period), where the period "y" increases each day for the
> duration
> > of
> > > > each trend up to a maximum level.
> > > >
> > > > When a cross of the price (C) and the trend occurs,(either up
> or
> > > > down) the period "y" resets to zero.
> > >
> > > Hello Rick,
> > >
> > > I think there might be another way.
> > > If I understand what you are trying to do then I am pretty sure
> it
> > can
> > > be done using array processing.
> > >
> > > No harm in trying.
> > >
> > > Just looking at the high side first (if we solve that then it
> > should be
> > > easy to adapt to the low side):
> > >
> > > starting hard left of screen (using barindex) -
> > >
> > > 1) bar 1 is higher than bar zero and then bar two starts a
> > downtrend
> > > that continues for a few bars so bar 1 becomes the Highest High
> for
> > the
> > > set periods (P)
> > >
> > > 2) a line is set x% below the HHValue(High, P) say 2%
> > >
> > > 3) when the price crosses up through the setpoint you want to
> > trigger a
> > > signal (Buy?) AND/OR reset the periods (P) to zero.
> > >
> > > 4) since you want to reset the periods (P), when the closes
> > crosses,
> > > then......
> > >
> > > P = barssince(close crossed the setpoint)
> > >
> > > Is that what you want?
> > > If so I might have a go at it.
> > >
> > > Brian_z
> > >
> >
>
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