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Re: [amibroker] Re: REQ Please help code fibonacci bands in these lines as given-thanks



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To be able to program gives you one of the greatest advantages in trading, especially if you use AmiBroker. imo, Spending 1000 hours learning to program in afl will contribute more to your success as a trader than spending the same amount of time looking, at and trying, to trade with traditional Indicators.

herman

reinsley wrote:
Hello ram,

I agree with Rick, the UKB is a good place for a start...

http://www.amibroker.org/userkb/

Besides this point, your question is endless and not easy.

First You have to ask yourself which rules do you want to trade ?

In the case of Donchian lines, this is not a simple cross. It's much 
more tricky. What to do at such support level , at such resistance and 
so on.

At this point you don't know what you want exactly and your ideas will 
evolve from the first day during the developpment.

IMO, such indicator is good for discretionary trading. Today I am quite 
unable to auto-trade this formula. Maybe in few years !


Best regards



Rick Osborn a écrit :
  
 

You will never learn to code in AFL unless you try doing something 
yourself, and you are going to wear out your welcome by continually 
asking others to do it for you.

Try coding it yourself and if you are not happy with your own results, 
post the code.  Others will undoubtedly point out your errors.

Besides, there are no buy or sell Signals to code arrows for
 
Best Regards
Rick Osborn


------------------------------------------------------------------------
*From:* ram vel <rvlv@xxxxxxxxx>
*To:* amibroker@xxxxxxxxxxxxxxx
*Sent:* Fri, November 13, 2009 9:41:16 PM
*Subject:* Re: [amibroker] Re: REQ Please help code fibonacci bands in 
these lines as given-thanks

 


Hi reinsley
 
thanks. I have noted it already.
can you put together  and add buy sell arrows on this code ,please
cheers
rvlv

--- On *Fri, 11/13/09, reinsley /<reinsley@xxxxxx fr>/* wrote:


    From: reinsley <reinsley@xxxxxx fr>
    Subject: Re: [amibroker] Re: REQ Please help code fibonacci bands in
    these lines as given-thanks
    To: amibroker@xxxxxxxxx ps.com
    Date: Friday, November 13, 2009, 3:43 PM

     

    The Fibonnaci ratio is : Donchian786 = 0.786 * DonchianRange +
    DonchianLower;

    the one in Donchian formula is not correct...
    Donchian764 = 0.764 * DonchianRange + DonchianLower;

    BR

    ram vel a écrit :
     >
     >
     > Hi David
     > Many thanks..
     > for your fast response and solution.
     > warm regards
     > rvlv
     >
     > --- On *Thu, 11/12/09, dbwyatt_1999 /<dbw451@xxxxxxxxxx net
    <http://us.mc342.mail.yahoo.com/mc/compose?to=dbw451%40bellsouth.net>>/*
    wrote:
     >
     >
     > From: dbwyatt_1999 <dbw451@xxxxxxxxxx net
    <http://us.mc342.mail.yahoo.com/mc/compose?to=dbw451%40bellsouth.net>>
     > Subject: [amibroker] Re: REQ Please help code fibonacci bands in
     > these lines as given-thanks
     > To: amibroker@xxxxxxxxx ps.com
    <http://us.mc342.mail.yahoo.com/mc/compose?to=amibroker%40yahoogroups.com>
     > Date: Thursday, November 12, 2009, 2:12 PM
     >
     >
     >
     >
     > The fib lines look to me like Donchian Channels with fib lines
     > dividing the upper and lower channel:
     >
     > _SECTION_BEGIN( "DonchianFibs" );
     > pds=Param("DFibLook back",55, 1,200,1);
     > DonchianUpper =HHV(H,pds);
     > DonchianLower = LLV(L,pds);
     > DonchianRange = DonchianUpper- DonchianLower;
     > Donchian236 = 0.236 * DonchianRange + DonchianLower;
     > Donchian382 = 0.382 * DonchianRange + DonchianLower;
     > Donchian500 = 0.500 * DonchianRange + DonchianLower;
     > Donchian618 = 0.618 * DonchianRange + DonchianLower;
     > Donchian764 = 0.764 * DonchianRange + DonchianLower;
     >
     > Plot(DonchianUpper, "DU",ParamColor( "CUpper", colorBlue)
    ,styleLine) ;
     > Plot(Donchian236, "D236",ParamColo r( "C236", colorYellow)
     > ,styleLine) ;
     > Plot(Donchian382, "D382",ParamColo r( "C382", colorAqua),styleLin e);
     > Plot(Donchian500, "D500",ParamColo r( "C500", colorRed),styleLine );
     > Plot(Donchian618, "D618",ParamColo r( "C618", colorAqua),styleLin e);
     > Plot(Donchian764, "D764",ParamColo r( "C764", colorYellow)
     > ,styleLine) ;
     > Plot(DonchianLower, "DL",ParamColor( "CLower", colorBlue)
    ,styleLine) ;
     > _SECTION_END
     >
     > Regards,
     >
     > David
     >
     > --- In amibroker@xxxxxxxxx ps.com
     > <http://us.mc342. mail.yahoo. com/mc/compose? to=amibroker%
    40yahoogroups. com
    <http://us.mc342.mail..yahoo.com/mc/compose?to=amibroker%40yahoogroups.com>>,
     > "flyboypa30" <snoopy.pa30@ ...> wrote:
     > >
     > > RVLV,
     > >
     > > What have you got so far in your coding? What have you tried,
     > what works, where are you stuck?
     > >
     > > I am no expert, but willing to help.
     > >
     >
     >
     >



    



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