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Hi,
I am still a newbie switching from easylanguage to AFL and am trying
to plot double bottoms that are separated only by a few bars.
Something must be wrong with my coding below because no signal is
generated despite I can see those patterns on the charts.
Basically the idea is: Price tries to break down a recent low but
fails and rebounds on or just after the breakdown bar (think it is
sometimes called a Vic2B pattern).
Can you please help me correct this code:
Condition1= Low = LLV(L,25);
Condition2= Ref(Sum(Condition1,7),-1)==0 AND Ref(Sum(Condition1,13),-
1)>0 AND Cross(Ref(ValueWhen(Condition1, L, 1),-1),L);
Condition3= (Cross(C, ValueWhen(Condition2, H, 1))) AND (ValueWhen
(Condition2,L,1) == LLV(L,30));
PlotShapes( IIf( Condition5, shapeUpArrow, shapeNone ), colorGreen );
Filter = Condition5 OR Condition6;
AddTextColumn(FullName(), "Company Name");
AddColumn(Condition5, "Dble_bot", 1);
AddColumn(C, "Close", 1.3);
Thank you in advance,
Carl
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