Hi Rasheed,
What time length do you expect this to run on? 1 Minute, 15 Min,
Hourly, end of day??? Do you want the H1 and L1 levels set by the time frame
selected or some other time frame (like end of day if you are charting
intraday).
How do you define a buy or sell? Is it to be a cross of the H1 or L1
line?
An exploration that produces the H1 and L1 values for each stock or
instrument is easy enough to code, I just don't know what the answer to the
above questions are and those will determine the code and solution to your
question. I'll be glad to help in a bit once we know this information.
Peace and Justice --- Patrick
----- Original Message -----
Sent: Thursday, January 28, 2010 2:33
PM
Subject: [amibroker] REALLY NEED HELP ON
BREAKOUT FORMULA
hi guys.
I need help. I will like to run a scan/exploration
on an AFL titled "BREAKOUTS". I reduced the parameters to (lookback= 10) &
(Shift=5). I need it to give me "H1'' & "L1" points prices of each stocks
and perhaps a BUY/SELL within these regions.
Thanks I will really
appreciate.
_SECTION_BEGIN("BREAK
OUTS");
H0=H;
L0=L;
C0=C;
O0=O;
Lookback=Param("LookBack",22,10,50,1);
// Default for interday commodity currency trading
shift=Param("Shift",
11,1,50,1);
//
?
x0=LastValue(Cum(1));
x1=x0-shift;
H=Ref(H,-shift+1);
L=Ref(L,-shift+1);
H1=LastValue(Ref(HHV(H,Lookback),-1));
L1=LastValue(Ref(LLV(L,Lookback),-1));
Plot(H1,"H1",colorYellow);
Plot(L1,"L1",colorYellow);
H=H0;L=L0;C=C0;O=O0;
up=Cross(H,H1)
AND Cum(1)>x1;
dn=Cross(L1,L) AND
Cum(1)>x1;
Plot(C,"Close",IIf(Cum(1)>x1-Lookback AND
Cum(1)<=x1,colorBlue,IIf
(Up,colorBrightGreen,IIf(
Dn,colorRed,colorBlack))),64);
PlotShapes(shapeDownArrow*(Cum(1)==x1+1),colorBlue);
_SECTION_END();
------------------------------------
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This is *NOT* technical support channel.
TO GET TECHNICAL SUPPORT send an e-mail directly to
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