[amibroker] Re: How Would I Go About Adding A Continuous Red Horizontal Trendline

["gmorlosky" <gmorlosky@xxxxxxxxx>]

Plot(25,"line at 25",colored,styleline);

--- In amibroker@xxxxxxxxxxxxxxx, "tauvros" <tauvros@xxx> wrote:
>
> How Would I Go About Adding A  Continuous red Horizontal Trendline 
at 
> 25 to the following code.  TIA 
> 
> _SECTION_BEGIN("ADXR");
> /* Developed by Wells Wilder ADXR is a component of the Directional 
> Movement
> System. The indicator is used to determine if the market under 
study 
> is
> trending or consolidating. According to Wilder values greater than 
25 
> indicate
> the use of Trend following systems or indicators. Values less than 
25 
> may be
> better suited to consolidation indicators.
> 
> Perhaps more useful is to simply note if the indicator is rising or 
> falling. A
> rising ADXR indicates a trend is either forming or in place, a 
> falling ADXR
> indicates a weakening trend or consolidation phase. Note that a 
> rising ADXR
> indicates trend strength not 
> direction.*/                                      
>                 
>  
> pds=14;
> Adxr = ( ADX(pds) + Ref( ADX(pds), -14 ) )/2;
> Plot(ADxr,"",colorWhite,4);
> _SECTION_END();
>




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