|
PureBytes Links
Trading Reference Links
|
In a message dated 9/30/98 7:00:10 AM Central Daylight Time,
support@xxxxxxxxxxxxxxxxxxx wrote:
> Here is EL code for detecting triangles. I wrote it today and used it to
> scan 150 stocks which I track. The code could be improved a lot. But
> here it is.
I can't remember who sent this indicator, maybe the CODE. It gives a heads up
at times when you might be thinking of something else.
{Indicator calculates triangles based on SwingHighs and lows of a 10 day
range, and
with a swing strength of "1". Larger triangles can be calculated by increasing
the
strength and/or HighestBar/LowestBar range settings.}
Input:
OccurH1(1),OccurH2(2),OccurL1(1),OccurL2(2),PriceH1(High),PriceH2(High),PriceL
1(Low),
PriceL2(Low), StrenH(1),StrenL(1),Len(10);
IF
Triangle(OccurH1,OccurH2,OccurL1,OccurL2,PriceH1,PriceH2,PriceL1,PriceL2,
StrenH,StrenL,Len) = True THEN Plot1(10,"TriFinder")
Else Plot1(0,"TriFinder");
IF
Triangle(OccurH1,OccurH2,OccurL1,OccurL2,PriceH1,PriceH2,PriceL1,PriceL2,
StrenH,StrenL,Len) = True THEN Alert = True;
|