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[amibroker] Re: Looking for an indicator to display higher-highs/lower lows



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That looks like the right code - thanks for the pointer!

--- In amibroker@xxxxxxxxxxxxxxx, "pacific5_au" <pacific5_au@xxx> wrote:
>
> --- In amibroker@xxxxxxxxxxxxxxx, "droskill" <droskill@> wrote:
> >
> > Hey all - I'm looking for an indicator that produces something similar
> > to this chart from Tradestation:
> > 
> > http://www.elitetrader.com/vb/attachment.php?s=&postid=1582014
> > 
> > I'm talking about the code to show a higher high and lower lows.
> > 
> > Any help appreciated!
> 
> 
> Have a look at this. 
> 
> Credit and thanks to Kaveman back in 2003
> 
> 
> //SUPPORT & RESISTANCE LEVELS
> //Graham Kavanagh 9 Oct 2003 #49421
> 
> //Find turning points
> 
> top = H==HHV(H,3) AND H>=Ref(H,1) AND H>=Ref(H,2);
> bot = L==LLV(L,3) AND L<=Ref(L,1) AND L<=Ref(L,2);
> 
> topH = ValueWhen(top,H);
> botL = ValueWhen(bot,L);
> 
> //Indicator section
> GraphXSpace=5;
> 
> col = IIf( Close > Ref( Close, -1 ), colorGreen, colorRed );
> Plot( Close, "Price", colorWhite, styleCandle );
> 
> Plot( topH, "res", colorRed, styleDots+styleNoLine );
> Plot( botL, "sup", colorBrightGreen, styleDots+styleNoLine );
> 
> Title = Name() + ", " + Date() + ", Support & Resistance Levels
> Support = "
> + topH + ", Resistance = " + botL ;
>



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